Active

495 E Twin Palms DR

PALM SPRINGS CA, 92264

$9,650,000


$255.97 per sqft

Active

3 Beds

2 Baths

37,700 sqft

Multi-family

Built in 1965

The Twin Palms Apartments 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 (42) One bedroom / One-bathroom units and (9) Two bedroom / One-bathroom units. The current ownership s emphasis has been on quality updates which include capital improvements exceeding $250,000 within the last year. Some of these improvements include floor replacement, window replacement, HVAC replacement, rehab expenses, landscaping expenses, plumbing replacement, and numerous other quality updates.

IV23199341MR

MLS ID

October 25, 2023

Listed

September 13, 2024

Updated

Map

495 E Twin Palms DR
PALM SPRINGS CA, 92264

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Laundry Description

Community


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

No

Exterior/Building Features

Lot Size

2.34 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Palm Springs South End


Days on Market

93


Garage

No


Parking

Assigned


Parking Total

56


View

No


County

Riverside


Water Source

Public


Pool

No


Pool Features

Fenced


Zoning

RTP

Listed by DARREN CORREA with LE INVESTMENT GROUP
Listing Contact: 714-310-2840 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Delacroix Ward Group | CA DRE # 02218554 | 02208574 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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