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.