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$1,850,000
260018893SD MLS ⋅ Active Status
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.

1733 E Amado, Palm Springs
$16,000,000
219142459DA MLS ⋅ Active Status
Introducing an exceptional commercial development opportunity in the heart of the desert's most celebrated destination. Spanning 10.08 acres, this premier Palm Springs parcel, once home to the legendary Racquet Club of Palm Springs, combines scale, presence, and possibility, an increasingly rare offering within one of California's most sought-after luxury markets.Beautifully positioned in North Palm Springs, the property showcases impressive frontage, dramatic mountain views, and effortless connectivity to downtown, world-class resorts, golf, and the region's finest dining and retail. Its flat, expansive terrain and flexible commercial zoning create a compelling canvas for a landmark vision, whether a boutique resort enclave, luxury wellness retreat, curated mixed-use concept, or sophisticated residential development.A property of this caliber is seldom available. For the developer or investor seeking a distinctive opportunity in Palm Springs, this offering stands apart, poised for a visionary project deserving of its remarkable setting.

2743 Indian Canyon Drive, Palm Springs

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.