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495 Twin Palms Dr Palm Springs, CA 92264

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For Sale
$7,999,888

51-unit apartment community near Downtown Palm Springs.

Property Features for 495 Twin Palms Dr

General Information

Standard status
Active

Building Details

Year built
1965

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Listing Contact
Darren Correa
Source: Corcoran

Listing Agent: Darren Correa

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Palm Springs Apartment Community

The Twin Palms Villas, situated on a 2.34-acre lot at 495 E Twin Palms Drive in Palm Springs, California, comprises 5 buildings with multiple parking lots. This 51-unit apartment community features 41 one-bedroom, one-bathroom units and 10 two-bedroom, one-bathroom units. The property is conveniently located near Downtown Palm Springs, the Historic Tennis Club, the Palm Springs Art Museum, the Palm Springs International Airport, and various major regional employers. Recent capital improvements exceeding $300,000 within the last year include parking lot renovations, floor and window replacements, HVAC upgrades, rehabilitation work, landscaping enhancements, and plumbing replacements.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palm Springs
County
Riverside
State
California
Longitude
-116.5423912
Latitude
33.799795

FAQs

What type of property is this?
Apartment building - 51-unit apartment community near Downtown Palm Springs.
Where is this apartment building located?
The property is located at 495 Twin Palms Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $7,999,888.
What are key features of this property?
This property features: - Capital improvements exceeding $300,000 within the last year.; - 51-unit apartment community with a mix of one and two-bedroom units.; - Convenient location near Downtown Palm Springs, Palm Springs Art Museum and the Palm Springs International Airport.
More about this property
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