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Natalie Miranda
marketing@thewhipplegroup.com$ 2,595,000
Est. payment | /mo
0.5 Acres Lot
$ 2,595,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Twin Palms
MLS Listing ID 219133016PS
HOA Y/N No
Year Built 1958
Lot Size 0.500 Acres
Property Description
Introducing 11 on Camino Real, an exceptional 11-unit multi-family investment opportunity located in the heart of South Palm Springs' desirable Twin Palms neighborhood. This well-maintained, single-story property offers approximately 8,100 square feet of living space on a half-acre lot, featuring private entrances, gated off-street parking, shared laundry facilities, and scenic mountain views. Recent improvements include main line plumbing repairs, new windows and sliding doors, a new front entry gate, updated signage, refreshed landscaping with lighting, roof repairs, new pool fencing, and several new appliances in individual units--enhancing both curb appeal and operational efficiency. Each unit is thoughtfully designed for long-term tenant appeal, and the property's prime location offers convenient access to downtown Palm Springs, golf courses, resorts, shopping, dining, and outdoor recreation. Zoned R2 and situated in a historically significant neighborhood known for its mid-century modern character, 11 on Camino Real presents a compelling opportunity for investors seeking a stable, income-producing asset with long-term growth potential in one of Southern California's most desirable rental markets.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Heating Central
Flooring Tile
Fireplace No
Exterior
Parking Features Side By Side
Pool In Ground
View Y/N Yes
View Mountain(s)
Total Parking Spaces 11
Private Pool Yes
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 511131012
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Kayla Toohey Coldwell Banker Realty
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Natalie Miranda
Marketing Director | License ID: 02122928