225 E Avenida Palmera, Palm Springs, CA 92264

$2,000,000
Property Type: Residential Income Square Footage: 17,654 Lot Size (sq. ft.): 40,511 Status: Closed
Current Price: $2,000,000 List Date: 6/22/2009 Last Modified: 5/12/2026

Overview

Description

Rare, well maintained, highly sought after 18 unit investment property in Prime South Palm Springs Location. First time on the market since 1996. This apartment complex is unique offering the following unparalleled amenities: All units enjoy central ac, dishwashers, microwaves, private patios and covered carports. Tastefully landscaped on .93 acres, this prime property includes pool/spa and on-site common laundry. Four units include laundry ensuite. Tenants of this building enjoy walking to local shops and restaurants and easy access public transportation. Minutes from downtown Palm Springs, this desirable, quiet south end location is a neighborhood that tenants are happy to call home. Do Not miss this investment opportunity.

Listing Details MLS# 41369909

General Property Information

Total Units
18
Approx SqFt
17654
SqFt Source
Other
Lot Acres
0.93
Lot Size Source
Assessor
Year Built
1976

Property Features

Listing Terms: Cash Levels: One; Two Cooling Type: Air Conditioning Pool Description: Heated Heating: Forced Air Laundry: Community Sewer: In, Connected and Paid Water: Water District Land Lease Type: Fee Simple

Listing Location and Property Info

APN
508345005
Original List Price
2400000
Street #
225
Street Direction
E
Street Name
Avenida Palmera
County
Riverside
State
CA
Zip Code
92264
Area
334 - Palm Springs South End
Neighborhood
Tahquitz River Estates

Listing Info

Laundry
Yes

Status Change Info

Status Change Date
2009-11-12
Pending Date
2009-11-06
Closed Date
2009-11-12
Closed Price
2000000

Parking SpacesInformation

Total Parking Spaces
2

More Information

Listing Office: Zephyr Real Estate
Listing Agent: Phil Pappalardo
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.