1595 S Indian Trail
Palm Springs, CA 92264
0.46 acres | #219128200PS
Description
Mid-century modern apartment community in prime Palm Springs location. Exceptional investment opportunity with rental income upside. Spacious units with pool views and private patios. Nine 1-bedroom units and two 2-bedrom 2-bath units. All separately metered for electricity and all currently on month-to-month leases. Nestled in the prestigious Tahquitz River Estates neighborhood across the street from the iconic Villa Royale hotel. Tenants love that it is close to downtown Palm Springs and very near the Ace Hotel, Saguaro Hotel, Koffi, grocery shopping and restaurants. Lushly landscaped grounds with units surrounding a brand new and shimmering heated pool create a quiet and relaxing retreat for the Tenants to enjoy resort living and the Palm Springs lifestyle. Updated units, new roof, and newly surfaced and striped parking make this a great low maintenance investment. Don't miss this opportunity to own a piece of paradise in Palm Springs!
Property Details
- SubdivisionTahquitz River Estat
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- MLS #219128200PS
- MLS #219128200PS
- Original List Price$3,350,000
- ViewMountains
- CountyRiverside
- Cost3350000
- Acres0.46
- Year Built1965
- Stories1
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Mary Marx (#PS50516)
Listing Office: Berkshire Hathaway Home Services California Properties (#PS4375)
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