225 East Avenida Palmera
225 East Avenida Palmera Palm Springs, California 92264 United States

$5,895,000
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An unmatched investment opportunity in an incredible south Palm Springs location. This Spanish Hacienda style apartment complex, dubbed Casa de Palmera, comprises three separate buildings totaling 18 units on nearly an acre in Tahquitz River...
$5,895,000
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26
Bedrooms
1,640 m²
Interior
3,764 m²
Exterior
Residential Income
Property type
1976
Year Built
22182577
Web Id
22182577
MLS ID
Tahquitz River Estates
Subdivision
Palm Springs Unified
School District
132
days ago

About 225 East Avenida Palmera

An unmatched investment opportunity in an incredible south Palm Springs location. This Spanish Hacienda style apartment complex, dubbed Casa de Palmera, comprises three separate buildings totaling 18 units on nearly an acre in Tahquitz River Estates. It's rare that a property of this caliber and potential becomes available in Palm Springs. All units are equipped with central AC, full appliance suites, oversized living spaces and bedrooms, and many units have one or two large private patios. All tenants are month-to-month and many are long-term residents. Unit Breakdown: four - 2BR/2.5BA two-story townhouses, four - 2BR/2BA single-level units, four - 1BR/1BA single-level units, and six - 1BR/1BA single-level "casita" units with no unit above. All units are currently below market rents. Other property highlights include: outstanding mountain views, lush green spaces, close proximity to public transportation, food, grocery, financial institutions, and downtown Palm Springs, owned laundry facilities, and abundant value-add opportunities.

Listing Courtesy of James Gault, Compass, 01985784, Active

Amenities

  • Dishwasher
  • Refrigerator
  • Spa
  • View

features

cooling
Propane Heating
Style
Spanish
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