2724 N Junipero Avenue, Palm Springs, CA 92262

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List Price
$1,095,000
Status
ACTIVE
MLS#
219152950DA
Year Built
1960
Lot Size
10,019
Acres
0.23
Lot Location
Irregular Lot
Days on Market
1
Property Type
Multifamily
Stories
One Level
Neighborhood
Chino Canyon

Property Description

Mid-Century Investment Opportunity in Little Tuscany -- Palm SpringsEnjoy breathtaking views of the San Jacinto Mountains from this beautifully updated mid-century-style triplex in Palm Springs' desirable Little Tuscany neighborhood. Originally known in the early 1960s as the Bali Hai Apartments, this unique property offers an excellent opportunity for an investor seeking a Palm Springs income property.The complex includes:Unit #1: 2 bedrooms / 1 bathroom / approximately 560 SFUnit #2: 1 bedroom / 1 bathroom / approximately 375 SFUnit #3: Laundry roomUnit #4: 2 bedrooms / 2 bathrooms / approximately 1,015 SFRecent improvements include a new roof, newly renovated saltwater pool, commercial-grade pool heater and deck, interior and exterior paint, new appliances, kitchen backsplashes, new beds and linens, and numerous additional upgrades. Electrical systems have also been upgraded in Units 3 and 4, along with the pool electrical system.The property features a large mid-century saltwater pool, perfect for relaxing and enjoying Palm Springs' legendary sunshine. Two units offer all-in-one washer/dryer appliances, while Unit 4 utilizes the convenient onsite laundry room. The property is fully furnished according to the inventory list.A quiet setting, private gated entry, ample parking, and onsite laundry add to the appeal. The property has maintained steady occupancy through Airbnb, with rental rates varying by season. 30-day-or-longer stays only.Located just minutes from Downtown Palm Springs, the property puts tenants and guests close to dining, entertainment, shopping, hiking, and everything else that makes Palm Springs such a sought-after destination.A distinctive mid-century property with mountain views, extensive recent improvements, and income-producing potential in one of Palm Springs' most desirable areas.

Additional Information

Appliances
Dishwasher, Electric Cooktop, Gas Cooktop, Refrigerator, Water Heater
Pool
Yes
Pool Description
In Ground, Private
Cooling
Yes
View
Mountain(s), Panoramic
Roof
Foam, Rolled/Hot Mop
Interior Features
Open Floorplan, Storage
Attached Structure
Attached
Number Of Units Total
3
Operating Expense
1800

Listing courtesy of Listing Agent: Elaine Stewart (desertrealestate1@yahoo.com) from Listing Office: RE/MAX All-Pro.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.