$1,850,000
 $9,931 est/mo Sourced by Back At You

1733 E Amado Road,Palm Springs, CA 92262

Palm Springs, CA 92262

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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.

Details

MLS #219150802DA
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site40
Listing Provided ByKC West Real Estate | Kyle Carruthers

Features

PoolYes
Story(s)1
Units10
Building(s)2
Acreage0.53
Property ViewYes

Interior

HeatingZoned
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesWater Heater
Fireplace Yes / NoNo

Parking

Parking FeaturesAssigned, Driveway
Garage Yes / NoNo

Location

Community FeaturesPool

Area Information

StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area332 Central Palm Springs
Listing VS Median (in 92262)
Price:
$1,850,000
low | high
Med:
$529,000
100% of Average
On site:
40
low | high
Med:
275
14.545454545455% of Average
Sourced by Back At You

Market Activity 92262

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Learn More About This Property

StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area332 Central Palm Springs
Listing VS Median (in 92262)
Price:
$1,850,000
low | high
Med:
$529,000
100% of Average
On site:
40
low | high
Med:
275
14.545454545455% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.387M - $2.312M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1733 E Amado Property Photo 1
$1,850,000
1733 E Amado
Palm Springs, CA 92262
Listing Updated: August 21, 2026 at 9:42:58 PM PDT