$7,500,000
About this home
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
Facts & features
- Laundry
- Common Area
- Levels
- One
- Spa
- Community
- Lot size
- 2.34 acres (101,930 sq ft)
- Pool
- Community, Fenced
- Year built
- 1965
- Parking spaces
- 56
- Area
- 334 - South End Palm Springs
- County
- Riverside
- Community features
- Sidewalks, Pool
- Status
- Active
- Property type
- Apartment
- Days on market
- 349
- Listed
- 2025-07-01
- Original price
- $8,999,888
- Terms
- Conventional
- Parcel #
- 009602247
- MLS #
- IV25172556
