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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,850,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260018893SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

1733 E Amado Rd. is a 10-unit multifamily property located in Palm Springs, CA. The property is an extremely rare opportunity as it will be delivered 100% vacant at Close of Escrow. No existing tenants, notices, cash for keys... renovate and take to full market rents. The asset features ample off-street parking, a gated pool, and several units with private yard space. The unit mix consists of one- and two-bedroom units, catering to a broad tenant base. Located in the highly desirable Sunrise Park neighborhood of Central Palm Springs, 1733 E. Amado Rd offers investors a rare opportunity to own an apartment property in one of Southern California's strongest lifestyle-driven rental markets. The property sits just east of Downtown Palm Springs, providing residents with convenient access to shopping, dining, entertainment, healthcare, and Palm Springs International Airport. This offering is well-suited for investors seeking a value-add opportunity with significant income growth potential and the ability to meaningfully increase cash flow almost immediately. Potential for existing multifamily, short-term furnished rental, or boutique motel. There is also potential to add an 11th unit by combining existing units. Buyer to verify all repositioning strategies. The property has some existing permitting needs with the City of Palm Springs, contact Broker to discuss further.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Fireplace No

Exterior

Total Parking Spaces 16

Others

Tax ID 502063007

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Listed by Kyle Carruthers KC West Real Estate #01959946

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1733 E Amado Palm Springs, CA 92262

Patricia Beattie

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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