Traditional

587 S Calle Ajo

Palm Springs , CA 92264

MLS#: 25569125PS

$1,500,000

Status: Active
Listing number: 25569125PS
Listing provided by: Keller Williams Luxury Homes
Listing agent phone: None
Last update: 3 months ago
On site: 3 months ago
Browse Properties
Warm Sands - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1954

Sq.Footage

4,150

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.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Side By Side

  • Patio and Porch Features

    Patio

  • Pool

    Yes

  • Pool Features

    Gunite

  • View

    Mountain(s), Pool

Area & Lot

  • Lot Size(acres)

    0.24

  • Property Type

    Residential Income

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,500,000

  • Sq. Footage

    4, 150

  • Price/SqFt

    $361

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Senior Community YN

    NO

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Location

County

Riverside

Elementary School

Middle School

High School

Listing Courtesy of Brady Sandahl , Keller Williams Luxury Homes

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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.

587 S Calle Ajo

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