The Twin Palms Villas 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 (41) One bedroom / One bathroom units and (10) Two bedroom /One bathroom units. The current ownership’s emphasis has been on quality updates which include capital improvements exceeding $300,000 within the last year. Some of these improvements include parking lot re-done, floor replacement, window replacement, HVAC replacement, rehab expenses, landscaping expenses, plumbing replacement, and numerous other quality updates
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Listing Snapshot
Price
$7,999,888
Days On Site
93 Days
Bedrooms
N/A
Inside Area (SqFt)
37,700 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.34 Acres
Year Built
1965
MLS® Number
IV25172556
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 months ago
Price changed to $7,999,888
2 months ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
2.34
Land Lease
Yes
Lease Amount
$4060.0
Lease Amount Frequency
Monthly
Levels
One
Number Of Stories
1
Parking Spaces
56
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
37700
Water Source
Public
Zoning
RTP
Interior Features
Laundry Features
Common Area
Spa
Yes
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Exterior Features
Lot Features
Corner Lot
Pool Features
CommunityFenced
Spa
Yes
Spa Features
Community
Community Features
Building Access
1
Community Features
SidewalksPool
Financing Terms Available
Conventional
MLS Area
334 - South End Palm Springs
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Neighborhood & Commute
Source: Walkscore
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