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495 E Twin Palms DR Palm Springs, CA 92264
2.34 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Twin Palms (33512)
MLS Listing ID IV25172556
HOA Y/N No
Land Lease Amount 4060.0
Year Built 1965
Lot Size 2.340 Acres
Property Sub-Type Apartment
Property Description
The Twin Palms Villas lot totals at 2.34 acres and consisting of 5 buildings and multiple parking lots. The property is located at 495 E Twin Palms Drive, Palm Springs, CA, and is conveniently located a short distance from the Downtown Palm Springs, the Historic Tennis Club, the Palm Springs Art Museum, the Palm Springs International Airport & many major regional employers. This 51 unit apartment community is composed of (41)One bedroom / One bathroom units and (10) Two bedroom /One bathroom units. The current ownership's emphasis has been on quality updates which include capital improvements exceeding $300,000 within the last year. Some of these improvements include parking lot re-done, floor replacement, window replacement, HVAC replacement, rehab expenses, landscaping expenses, plumbing replacement, and numerous other quality updates.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Zoning RTP
Interior
Fireplace No
Laundry Common Area
Exterior
Pool Community, Fenced
Community Features Sidewalks, Pool
Total Parking Spaces 56
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 009602247
Energy Description 40850.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840