587 S Calle Ajo Active Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,150 sqft
Price per Sqft $361
Subdivision Warm Sands
MLS Listing ID 25569125PS
Style Traditional
Bedrooms 8
Year Built 1954
Lot Size 10,454 Sqft
Property Sub-Type Multi-Family
Property Description
Charming 6-Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well-maintained six-unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one-bedroom units and two two-bedroom units, each featuring private patios and in-unit laundry amenities that significantly enhance tenant appeal. Upgrades include dual-pane windows, modern bathrooms, quality flooring, and fir interior doors, making this a turn-key investment. The property is fully occupied with long-term tenants, reflecting the strong demand in this sought-after south-end location. With a Cap Rate of 5.89%, this is a solid addition to any investment portfolio.
Location
State CA
County Riverside
Area Palm Springs South End
Zoning R2
Rooms
Other Rooms None
Interior
Heating Central, Natural Gas
Cooling Air Conditioning, Central
Flooring Carpet, Tile
Inclusions All attached appliances including washer and dryer
Equipment Dryer, Washer, Refrigerator, Range/Oven, Dishwasher
Exterior
Parking Features Side By Side, Uncovered
Garage Spaces 6.0
Pool Gunite
View Y/N Yes
View Mountains, Pool
Roof Type Asphalt
Building
Lot Description Fenced
Story 1
Foundation Slab
Sewer In Connected and Paid
Water Water District
Structure Type Stucco
Others
Special Listing Condition Standard