495 E Twin Palms Drive, Palm Springs CA, 92264

Active

495 E Twin Palms Drive

Palm Springs CA, 92264

$9,650,000

$255.97 per sqft

Active

37,700 sqft

Condos

Built in 1965

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

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.

IV23199341

MLSⓇ ID

October 25, 2023

Listed

February 21, 2025

Updated

Interior Features

Total Stories: 1
Laundry Description: Common Area
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: No

Exterior/Building Features

Lot Size: 2.34 Acres
Lot Features: Corner Lot
Sewer: Public Sewer

Other Property Details

Area Name: 334 - South End Palm Springs
Days on Market: 82
Garage: No
Parking: Assigned, Asphalt
Parking Total: 56
View: No
County: Riverside
Water Source: Public
Pool: No
Pool Features: Community, Fenced
Zoning: RTP

Listing Contact: 909-256-7889

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/21/2025 at 6:17 PM UTC