Palm Springs, CA 92264,225 E Avenida Palmera
See all 41 photos
Palm Springs, CA 92264,225 E Avenida Palmera
Palm Springs, CA 92264,225 E Avenida Palmera
Palm Springs, CA 92264,225 E Avenida Palmera
Palm Springs, CA 92264,225 E Avenida Palmera

$4,725,000

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

225 E Avenida Palmera Palm Springs, CA 92264

26 Beds

30 Baths

15,973 SqFt

SOLD DATE : 01/22/2024

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 15,973 sqft

Price per Sqft $250

Subdivision Tahquitz River Estates

MLS Listing ID 22-182577

Style Spanish

Bedrooms 26

Year Built 1976

Lot Size 0.930 Acres

Property Description

SELLER FINANCING IS AVAILABLE - INQUIRE FOR TERMS. 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.

Location

State CA

County Riverside

Area Palm Springs South End

Zoning R3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Fireplaces Type None

Equipment Ceiling Fan, Dishwasher, Freezer, Refrigerator, Range/Oven

Laundry Community, Laundry Area

Exterior

Garage Carport, Carport Detached, Covered Parking, On street, Uncovered

Garage Spaces 26.0

Pool In Ground, Filtered

Waterfront Description None

View Y/N Yes

View Green Belt, Mountains

Roof Type Clay

Building

Lot Description Curbs, Lawn, Landscaped, Lot-Level/Flat, Sidewalks

Story 2

Foundation Slab

Sewer In Connected and Paid

Water District

Structure Type Stucco

Others

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


TheMLS (CLAW)
Listed by Compass
Bought with Compass

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.