Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

11

Lot size

21,780 sqft

Year built

1958

Stories

1

Garage spaces

0

Heating

Central

Pool

In Ground,Community

View

Mountain(s)

Status

Active

Days on market

0

MLS #

247200461

About this property

Introducing 11 on Camino Real, an exceptional 11-unit multifamily investment opportunity in the desirable Twin Palms neighborhood of South Palm Springs. This fully leased, single-story property offers approximately 8,100 square feet of living space on a half-acre lot and features 1 studio, 7 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit. Property amenities include private entrances, gated off-street parking, shared laundry facilities, mature landscaping, scenic mountain views, and a pool. Recent improvements include plumbing repairs, new windows and sliding doors, a new front entry gate, updated signage, refreshed landscaping and lighting, roof repairs, new pool fencing, and select new appliances. Conveniently located near downtown Palm Springs, shopping, dining, golf, resorts, and outdoor recreation, 11 on Camino Real offers investors a stable, income-producing asset in one of Palm Springs' most desirable neighborhoods.

Location

2080 S Camino Real

Palm Springs, Riverside, CA, 92264