Sold
2080 S Camino Real
Palm Springs CA, 92264
$2,300,000
$283.95 per sqft
Sold
13 Beds
11 Baths
8,100 sqft
Multi-family
Built in 1958
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.
219104526PS
MLSⓇ ID
December 29, 2023
Listed
January 14, 2025
Updated
Map
2080 S Camino Real
Palm Springs CA, 92264
Interior Features
Total Stories
1
Bedrooms
13
Total Bathrooms
11
Full Bathrooms
11
Appliances
Ceiling Fan
Floor Description
Carpet, Other
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning, Ceiling Fan
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.5 Acres
Sewer
In Connected and Paid
Other Property Details
Area Name
Palm Springs South End
Days on Market
129
Garage
No
Parking
Side By Side
Parking Total
12
View
Yes
View Description
Mountains, Panoramic, Pool
County
Riverside
Pool
Yes
Pool Features
Community, In Ground
Listing History
Date | Event | Price |
---|---|---|
7/2/2024 | Sold | $2,300,000 |
Listed by Adam Gilbert with The Firm Brokerage
Listing Contact: (760) 408-8874
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor TTK Represents | CA DRE# 01327863 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/14/2025