Palm Springs, CA 92264 1900 S Camino Real
$1,999,000
52 more
Presented By: Luca Volpe with Realty Trust;
Home Details
Rare opportunity to acquire a well maintained successfully established income property in one of the most desirable locations of South Palm Springs. This modern 6-Unit Courtyard complex (Two 2BDR-2BA and Four 1BDR-1BA) fully occupied with remarkable rental history and high cash-flow, offers stability for any type of investor, first-time purchaser, investors seeking to diversify their portfolio or execute a 1031 exchange. Nestled in the serene Twin Palms neighborhood, the complex features a private and peaceful environment, modern architecture with tall ceilings, stunning mountain views, a private central sparkling pool & spa and manicured landscape. The well-designed layout of each unit provides ample space and flexibility to accommodate a wide range of living arrangement. All separately metered, and with assigned off-street parking, and four units featuring private patios. Among the most recent updates in recent years, four of the six units were renovated with contemporary finishes, quartz countertops, stainless steel appliances, modern showers and more. The roof of unit E was completely redone in 2022, and the L-shaped roof was serviced throughout. The pool decking was redone in 2022. This 6-Unit complex showcases attention to details in every aspect of its maintenance. Its location offers convenient access to renowned dining, shopping, and entertainment options. The property has high rental income with potential for further revenue growth. You Own the Land!
Presented By: Luca Volpe with Realty Trust;
Interior Features for 1900 S Camino Real
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Total Stories1
General for 1900 S Camino Real
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasRange, Refrigerator, WaterHeater
Architectural StyleContemporary, Modern
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityPalm Springs
Community FeaturesPool
CoolingCentralAir
CountyRiverside
Days on Market
DirectionsFrom East Palm Canyon Dr. go South on Camino Real, and the property is on your left. If you are driving West on La Verne Way, turn right on Camino Real and the property will be on your right on the sou
Garage Spaces0.0
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
HeatingCentral, ForcedAir
Home Warranty Y/NNo
Interior FeaturesCathedralCeilings, HighCeilings
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet14810.0
MLS Area334 - South End Palm Springs
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased6
Open Parking Spaces9.0
Pool FeaturesCommunity, Gunite, GasHeat, InGround
PossessionCloseOfEscrow
Private PoolYes
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesHeated, InGround
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameCamino Real
Subdivision NameTwin Palms
Total Units6
ViewMountains, Panoramic
View Y/NYes
Waterfront Y/NNo
Year Built1975
Year Built SourceAssessor
Exterior for 1900 S Camino Real
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, FrontYard, Landscaped, NearPublicTransit, RectangularLot
Lot Size Acres0.34
Lot Size Area14810.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Other
SpaYes
Total Parking9.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480