2080 S Camino Real
Palm Springs, CA 92264
- 13 beds
- 11 baths
- 8,100 sqft
- ~1/2 acre lot
- $283 per sqft
- 1958 build
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Pleased to offer this 11 unit apartment complex for sale in the beautiful Twin Palms neighborhood of Palm Springs! Located at 2080 S Camino Real, Canyon Villas sits on 1⁄2 an acre in South Palm Springs and offers amazing panoramic views of the San Jacinto Mountains along with close proximity to downtown and the curve district. The unit mix includes (1) studio, (7) one bedroom units, (2) two bedroom units, and (1) three bedroom unit with only a single vacancy! This property has been very well maintained and offers dedicated on-site parking to each tenant, a beautiful interior courtyard with a shared pool, and private patios. The interiors have been updated with quality finishes and are well maintained. Canyon Villas has historically had very good occupancy rates, with most of the current tenants having been renting for 3+ years. Rents are currently below market and the new owner would have the opportunity to increase the NOI, as we have seen steep increases in rental rates over the past 36 months. This is a great opportunity to purchase a near fully leased, income producing asset in the Palm Springs market with very little deferred maintenance. Reach out to Listing Agent for more information and please do not disturb tenants.
Listing courtesy of DAMLS / The Firm Brokerage
Last checked:
Checking…
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Last updated Sep 3, 2024
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MLS# 219104526 —
The Building
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Year Built:1958
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Year Built Source:None
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Year Established:None
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New Construction:No
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Builder Name:None
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Builder Model:None
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Building Area Total:8100.0
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Building Area Source:None
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# of Buildings:None
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# of Units Total:None
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Unit Number:None
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Building Name:None
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Building Features:None
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Stories:None
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Stories Total:1
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Levels:One
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Door Features:None
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Security Features:Other
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Basement:None
Interior
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Rooms Total:None
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Furnished:None
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Entry Location:None
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Flooring:Carpet
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Fireplace:false
Room Dimensions
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Living Area:8100.0
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Living Area Source:None
Location
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Directions:None
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Cross Street:S Camino Real & E La Verne Way
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Latitude:33.794782
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Longitude:-116.537232
The Property
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Property Type:Residential Income
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Topography:None
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Lot Size Area:21780.0
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Lot Size Acres:0.5
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Lot Size SqFt:21780.0
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Lot Dimensions Source:None
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Lot Size Source:Assessor
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Current Use:None
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Possible Use:None
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View:Mountain(s), Panoramic, Pool
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View:true
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Additional Parcels:No
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Property Attached:No
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Water Body Name:None
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Waterfront:No
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View:Yes
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Fencing:None
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Road Frontage Type:None
Listing Agent
- Contact info:
- Agent phone:
- (760) 408-8874
- Office phone:
- (760) 408-8874
Taxes
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Tax Legal Description:None
Beds
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Bedrooms Total:13
Baths
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Total Baths:11.0
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Total Baths:11
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Full Baths:11
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Partial Baths:None
The Listing
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Home Warranty:No
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Disclosures:None
Heating & Cooling
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Heating:Central
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Heating:true
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Heating -Central:true
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Cooling:Air Conditioning, Ceiling Fan(s)
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Cooling:true
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Cooling Type -Air Conditioning:true
Utilities
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Water Source:None
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Sewer:In, Connected and Paid
Schools
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Elementary School:None
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Elementary School District:None
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Middle Or Junior School:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:Twin Palms
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Gated Community:No
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Senior Community:false
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Senior Community:No
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Spa:false
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Pool:Yes
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Pool Private:true
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Pool Features:In Ground, Community
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Pets Allowed:None
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Association:None
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Association Name:None
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Association Fee:None
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Association Fee Frequency:None
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Cap Rate:None
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# of Units In Community:None
Parking
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Covered Spaces:None
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Parking Total:12.0
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Parking Features:Side By Side, Total Uncovered/Assigned Spaces
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Open Parking Spaces:None
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Total Uncovered Assigned Spaces:12.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/2/24
Jul 2, 2024
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Sold | DAMLS | $2,300,000 | -13.2% |
5/9/24
May 9, 2024
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Pending | DAMLS | $2,650,000 | |
3/28/24
Mar 28, 2024
|
Sold Subject To Contingencies | DAMLS | $2,650,000 |