9
See all 9 photos
$1,850,000
Est. payment /mo
13 Beds
13 Baths
7,000 SqFt
New
1733 E Amado RD Palm Springs, CA 92262
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $264
Subdivision Sunrise Park
MLS Listing ID 219150802
Bedrooms 13
Full Baths 13
HOA Y/N No
Year Built 1957
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Apartment
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.
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 332 - Palm Springs Central
Interior
Heating Zoned
Cooling Air Conditioning
Fireplace false
Exterior
Pool Community, In Ground
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Story 1
Entry Level One
Sewer In Street Paid
Level or Stories One
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan, Conventional
Listing Terms 1031 Exchange, Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by KC West Real Estate
NEARBY SCHOOL & BUSINESS
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