$1,725,000
SOLD JUN 28, 2024

1900 S Camino Real Palm Springs, CA 92264

Twin Palms Neighborhood
8 Beds
8 Baths
5,152 Sq Ft
0.34 Acres

Recently Sold

$335 Per Sq Ft

14% Below List Price

74 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Gated Community
  • Palm Springs High School Rated A-
  • Panoramic View
  • Updated Kitchen

About This Home

As of June 2024

Rare opportunity to acquire a well maintained successfully established income property in one of the most desirable locations of South Palm Springs. This modern 6-Unit Courtyard complex (Two 2BDR-2BA and Four 1BDR-1BA) fully occupied with remarkable rental history and high cash-flow, offers stability for any type of investor, first-time purchaser, investors seeking to diversify their portfolio or execute a 1031 exchange. Nestled in the serene Twin Palms neighborhood, the complex features a private and peaceful environment, modern architecture with tall ceilings, stunning mountain views, a private central sparkling pool & spa and manicured landscape. The well-designed layout of each unit provides ample space and flexibility to accommodate a wide range of living arrangement. All separately metered, and with assigned off-street parking, and four units featuring private patios. Among the most recent updates in recent years, four of the six units were renovated with contemporary finishes, quartz countertops, stainless steel appliances, modern showers and more. The roof of unit E was completely redone in 2022, and the L-shaped roof was serviced throughout. The pool decking was redone in 2022. This 6-Unit complex showcases attention to details in every aspect of its maintenance. Its location offers convenient access to renowned dining, shopping, and entertainment options. The property has high rental income with potential for further revenue growth. You Own the Land!

Last Agent to Sell the Property

Luca Volpe

Realty Trust License #02037333 Listed on: 04/15/2024

Last Buyer's Agent

Leith Chandrasena

Thunderbird Realty License #02141685

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Sprinklers on Timer
  • Front Yard

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 5,152 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 8 Full Bathrooms
  • Double Vanity
  • Shower Only in Secondary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 9 Car Parking Spaces
  • 9 Assigned Parking Spaces

Pool

  • In Ground Pool
  • Gunite Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio

Location

  • Ground Level
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 511054006

Community Details

Overview

  • 6 Units
  • Twin Palms Subdivision

Recreation

  • Community Pool

Building Details

  • 6 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground Level, No Unit Above, Ground
  • Building Style: Contemporary, Modern, Mid Century
  • List Price per Sq Ft: 388.00
  • Lp Sp Ratio: 0.8600
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: Desert Water Agency
  • Year Built: 1975
  • Internal Listing I D: 20240415200429990373000000
  • Listing I D: 219110045
  • Listing Office Address: 600 E. Tahquitz Canyon Way, #2, Palm Springs, CA 92262
  • Listing Office Fax: (760) 406-6072
  • List Office Board Code: Palm Springs Association of Realtors
  • Selling Member Address: 71-330 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Address: 71-330 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 340-0944
  • Street Direction: S
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Twin Palms
  • Unit Information Number Of Units Leased: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Gas Range, Washer, Refrigerator, Disposal, Dishwasher
  • Appliances Other: Units vary
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 8
  • Bathroom Features: Double Vanity(s), Shower Stall
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry Equipment: Own
  • Laundry: Community
  • Estimated Sq Ft: 5152.00

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Gas Heated, Community, In Ground, Gunite
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Hot Tub
  • Spa Hot Tub Description: Heated - Gas, Hot Tub
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Parking Info Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 9.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 6
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 7
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 511054006
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Front Yard, Rectangular Lot, Landscaped
  • Lot Location: Corner Lot, Near Public Transit
  • Lot Size: 14810.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 6

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,725,000 -13.7% $335 / Sq Ft
04/15/2024 04/15/24 For Sale $1,999,000 +128.5% $388 / Sq Ft
02/23/2015 02/23/15 Sold $875,000 -19.6% $175 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
10/15/2013 10/15/13 For Sale $1,088,000 -- $218 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Luca Volpe

    Realty Trust

  • L

    Buyer's Agent in 2024

    Leith Chandrasena

    Thunderbird Realty

    (760) 779-9848

    1 in this area

    1 Total Sale

    Leith Chandrasena
    Section Image
  • Michael Benthall

    Seller's Agent in 2015

    Michael Benthall

    Desert Lifestyle Properties

    (760) 835-8460

    7 Total Sales

    Michael Benthall
    Section Image
  • Nalo Jones

    Buyer's Agent in 2015

    Nalo Jones

    Luca Realty Trust, Inc.

    (760) 808-3756

    16 Total Sales

    Nalo Jones
    Section Image

  • S

    Buyer's Agent in 2015

    Scott Timberlake

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219110045

Greater Palm Springs Multiple Listing Service

APN: 511-054-006

California Riverside County Palm Springs 92264 Twin Palms

1900 S Camino Real, Palm Springs, CA

This home is located at 1900 S Camino Real, Palm Springs, CA 92264 and is currently priced at $1,725,000, approximately $334 per square foot. This property was built in 1975. 1900 S Camino Real is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Palm Springs Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes