547 Desert Way, Palm Springs, CA 92264

$1,375,000 Approx. USD 5 beds, 5 baths
3,815 sqft

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Agent Remarks

Palm Springs apartments for sale. 5 units, all large 1-bedroom units over 750 square feet each with large private patios and yard space. This is a low maintenance building with plenty of room to add value. Two units are being intentionally left vacant for the sale, giving the Buyer immediate upside. The other units are rented month to month and well below market. Property is a great fit for a value-add investor, furnished rental, or owner user opportunity. Units are potentially large enough to add a 2nd bedroom. There is a laundry room with washer and dryer and a large storage room. Private, gated courtyard. Rare opportunity to invest in world famous Palm Springs.

Listing Details

Property type: 2-4 Units (Multi-family)

Status: ACTIVE

MLS# 250021029

Price: $1,375,000

Beds: 5

Baths: 5 (5 full)

Built in 1976

3,815 sqft

1 story

Lot size: 7,500-10,889 SF

County: Riverside