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.
|
DAYS ON MARKET
|
10
|
LAST UPDATED
|
7/28/2025
|
|
TRACT
|
Warm Sands
|
YEAR BUILT
|
1954
|
|
COMMUNITY
|
334 - South End Palm Springs
|
COUNTY
|
Riverside
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Refrigerator, Washer |
| AREA |
334 - South End Palm Springs |
| CONSTRUCTION |
Stucco |
| HEAT |
Central, Natural Gas |
| LOT |
10454 sq ft |
| PARKING |
Side By Side |
| POOL DESCRIPTION |
Gunite |
| STORIES |
1 |
| STYLE |
Traditional |
| SUBDIVISION |
Warm Sands |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s), Pool |
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Listed with Keller Williams Luxury Homes
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/3/25 7:26 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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