Stacey Alysson Melman

495 E Twin Palms DR Palm Springs CA 92264 MLS #IV25172556

495 E Twin Palms DR
Palm Springs, CA, 92264
$7,999,888
Beds
0 Baths
0 SqFt
2.34 Acres
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MLS #IV25172556 image #0
The Twin Palms Villas lot totals at 2.34 acres and consisting of 5 buildings and multiple parking lots. The property is located at 495 E Twin Palms Drive, Palm Springs, CA, and is conveniently located a short distance from the Downtown Palm Springs, the Historic Tennis Club, the Palm Springs Art Museum, the Palm Springs International Airport & many major regional employers. This 51 unit apartment community is composed of (41) One bedroom / One bathroom units and (10) Two bedroom /One bathroom units. The current ownership’s emphasis has been on quality updates which include capital improvements exceeding $300,000 within the last year. Some of these improvements include parking lot re-done, floor replacement, window replacement, HVAC replacement, rehab expenses, landscaping expenses, plumbing replacement, and numerous other quality updates
AGENT: DARREN CORREA
LISTING BROKERAGE: LE INVESTMENT GROUP
495 E Twin Palms DR
Palm Springs, CA

Property Details

Price:
$7,999,888
MLS #:
IV25172556
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Twin Palms 33512
Neighborhood:
334southendpalmsprings
Listed Date:
Jul 31, 2025
Total Sq Ft:
37,700
Lot Size:
101,930 sqft / 2.34 acres (approx)
Year Built:
1965
334 – South End Palm Springs334southendpalmspringsTwin Palms 33512
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Schools

Interior

Laundry Features
AR
Levels
A

Exterior

Common Walls
_2CW
Community Features
SDW
Parking Spots
56
Parking Total
56
Spa Features
COM

Financial

Lease Land Amount
$4,060
Lease Land Frequency
MO
Net Operating Income
$1,177,470

Map

Community

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