Palm Springs CA Multi Family for Sale
$1,790,000
225 Cahuilla Road Palm Springs, CA 92262
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- 219121147PS
- Subdivision:
- Tennis Club
ADDITIONAL INFORMATION
Prime Investment or Multi-Generational Gem in Historic Tennis Club! Discover a rare opportunity in the heart of Palm Springs, just two blocks from the vibrant downtown scene where shopping, dining, and year-round events await! This charming 4-plex, nestled in the prestigious Historic Tennis Club neighborhood, offers (4) 1-bedroom, 1-bathroom apartments -- three on the main level and one with a stunning San Jacinto Mountain view upstairs. Off-street parking and a relaxing spa are just the start of this exceptional property. Surrounded by multi-million dollar homes and upscale developments, this property is an incredible investment opportunity with endless potential. The back unit, once the owner's, is beautifully updated with modern touches, including its own stacked washer and dryer. Each unit has generous closet space, making the apartments as functional as they are comfortable. The central location puts you just minutes from hiking and biking trails, the Palm Springs Art Museum, and so much more. See what this property holds for you.
$8,500,000
421 Calle Encilia Palm Springs, CA 92262
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2023
- Baths:
- MLS#:
- 219120945PS
- Subdivision:
- Central Palm Springs
ADDITIONAL INFORMATION
Welcome to Blackhaus, the latest gem in AvantStay's Palm Springs collection, joining the ranks of The Wesley, The Marley, Hotel El Cid,and The Monkey Tree Hotel. Designed by renowned architect Chris Pardo from Elemental Architecture, Blackhaus offers a unique blendof modern luxury and flexibility, catering to the evolving needs of group travel.Blackhaus redefines the vacation rental experience with its ''hotelstyle asset'' concept, providing the option to book individual suites,multiple suites, or even the entire hotel for exclusive use. Ideal for weddings, reunions, bachelor or bachelorette parties, and corporateretreats, this stylish haven features four separate buildings with a total of 16 bedrooms, accommodating up to 40 guests.Guests who opt for a complete buyout can enjoy the entire property, ensuring total privacy and access to top-notch amenities. The cleanand contemporary bedrooms are equipped with high-end bedding, plush towels, luxury toiletries, flat-screen televisions, and privatepatios. The expansive shared areas are designed for socializing and relaxation, featuring a sparkling pool, cozy fireplaces, outdoorcooking spaces, and multiple bocce ball courts.Whether you're seeking a serene escape or a vibrant gathering spot, Blackhaus offers the perfect backdrop for creating unforgettable memories with your group. Enjoy seamless contactless check-in and the flexibility to tailor your stay to fit your group's unique needs.
$1,080,000
343 Tramview Road Palm Springs, CA 92262
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 219120547DA
- Subdivision:
- Desert Highland Gateway
ADDITIONAL INFORMATION
* Ideal for an investor or owner-user. *ourplex for sale: Ideal for an owner-user or investment property.*Live in one unit, and rent out the other 3 unit while you build equity.*Apartment homes include washer hookups, gas stove, refrigerator and mini-split AC/Heat units. Resident pays for electric, gas, Internet.*Rent includes water, sewer, trash, landscape maintenance, secured entry, off street parking.* One unit is currently vacant. Live in one unit and rent out the other 3. Seller is in the process of advertising the vacant unit. *4.08% cap rate. * 15.38 GRM. * $337.50 $/SF. * Rents: $1,550; $1,500; $1,400; $,1400 (vacant). *4- 2bed/1bath. *Approx 800 sq. ft. each (buyer to verify). *Scheduled Gross Income: $70,200. *Contact Steve Sanchez 760-485-1033 for the OM.
Open House:
Saturday, 1/4 12:00-2:00PM
- Type:
- Cluster
- Sq.Ft.:
- 2,664
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.48 Acres
- Year built:
- 1979
- Baths:
- 4.00
- MLS#:
- 24464232
- Subdivision:
- Desert Park Estates
ADDITIONAL INFORMATION
Discover endless possibilities with this move-in ready, fully renovated estate, ideal as a family compound, high-income rental, or ultimate entertainment venue. Set on almost a half an acre of gated, lushly hedged property, this estate offers multiple living spaces, premium amenities, and exceptional flexibility. Boasting newer fully owned SOLAR System and car charging station, the 1,500-square-foot main house offers 3 bedrooms and 2 bathrooms, all showcasing a beautifully remodeled, open-concept design with high vaulted, beamed ceilings and warm finishes. Stylish tile flooring throughout mimics the look of wood, adding elegance and durability. The gourmet kitchen is a chef's dream, equipped with sleek granite countertops, a spacious center island, Sub-Zero refrigerator, and a GE Monogram range and oven. A detached 700-square-foot guesthouseconveniently connected to the 5-car garage/game roomoffers 1 bedroom, 1 bathroom, a full kitchen, and direct access to the pool, perfect for guests or rental income. Additionally, there's a 464-square-foot studio casita, complete with 1 bedroom and a wet bar/kitchenette, ideal as an office, gym, or additional guest space. The backyard is a private oasis, designed for both relaxation and entertainment. Take in the breathtaking mountain views from various outdoor seating areas, including a cozy fire pit lounge, BBQ area, and tanning shelf within the sparkling pebble tec pool, which features Wi-Fi-controlled functions, a salt saline system, an electric cover, and heat pump. The pool is completed with Jets to allow the pool to double as a gigantic spa! Completing this entertainer's paradise is a finished, game room that doubles as a storage space or garage for up to four cars, plus a separate single-car garage. The property has dual gated driveways with parking for approximately 25 vehicles. Additional upgrades include smooth stucco exterior walls, dual- and quad-pane windows, French doors, wood plank exterior ceilings, and recessed lighting along the perimeter. With its blend of luxury, functionality, and privacy, this estate is truly one-of-a-kind, offering an extraordinary lifestyle for family gatherings, hosting, or income potential.
- Type:
- Cluster
- Sq.Ft.:
- 1,700
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 24461661
- Subdivision:
- Warm Sands
ADDITIONAL INFORMATION
Fantastic opportunity to own a charming Spanish style Warm Sands triplex with pool. This property is walled and private with amazing western mountain views. Property is currently configured as: Unit 1 = studio/one bath, Unit 2 = one bed/two baths, and Unit 3 = one bed/one bath. Former Adobe Hotel. The south end location, proximity to downtown, shopping and restaurants on land you own makes this one a winner. Interior photos are of Unit 3.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- CRSW24221815
View additional info
Courtesy: Century 21 Masters
ADDITIONAL INFORMATION
This "Prime Investment Opportunity!" Newer of exterior paint, giving it a modern and welcoming curb appeal. Fully Occupied Multi-Unit Property located in Palm Springs! This income-producing property consists of 2 -2 bedroom/1 bath units with separate living room and kitchens. Step inside to discover the newly updated bathroom, adding a touch of contemporary elegance to this already delightful space. Laundry hook ups are available in each unit. The property is 100 percent occupied with fair rents and room for growth. There is 4 off street parking spaces. Rents on all units for the savvy investor know that this is a great opportunity for their ROI. SELLER IS MOTIVATED! Great property to hold long term. DO NOT DISTURB TENANT'S
$799,500
575 Calle Ajo Palm Springs, CA 92264
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- 219116048PS
- Subdivision:
- Warm Sands
ADDITIONAL INFORMATION
Nestled in the heart of desirable Warm Sands neighborhood, one block off famous Indian Canyon - this historic duplex offers serenity with access a street over to world-class dining, shopping, vibrant nightlife and outdoor adventures.This architectural gem is freshly painted and offers NEW HE Air Conditioning System, window treatments & furniture! Just pack your bag and live almost free with one unit available for rent and one just waiting for you!Upper Unit: Features two spacious bedrooms and is currently unoccupied. With its classic architecture and cozy ambiance, this space offers both comfort and character.Lower Unit: a flexible studio that can also function as a one-bedroom, is rented on a month-to-month basis. Ideal for guests, extended family, or additional income.Expansive lot situated on a generous 6,098 square foot lot, this property presents a myriad of opportunities for expansion. Imagine adding a sparkling pool, or just some outdoor entertainment area furniture, or even additional living spaces--your vision can become a reality here. Cap rate is strong at over 5%. Tenant downstairs is month to month but open to staying. Upper unit is a great vacation rental, and there's lots of storage space that could easily be finished off to add another 400 square feet. Termite report from September, 2024 is clear.Whether you're looking for a solid investment property, a vacation getaway with built income, this is it! Interested parties verify all info thx
$1,349,000
965 Vista Chino Palm Springs, CA 92262
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1988
- Baths:
- MLS#:
- 219114912DA
- Subdivision:
- Desert Arches
ADDITIONAL INFORMATION
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,372 SF on a 7,841 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
$1,349,000
959 Vista Chino Palm Springs, CA 92262
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1988
- Baths:
- MLS#:
- 219114911DA
- Subdivision:
- Desert Arches
ADDITIONAL INFORMATION
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,048 SF on a 9,583 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
$4,195,000
588 San Lorenzo Road Palm Springs, CA 92264
- Type:
- Cluster
- Sq.Ft.:
- 12,164
- Status:
- Active
- Beds:
- 25
- Lot size:
- 0.73 Acres
- Year built:
- 2012
- Baths:
- 25.00
- MLS#:
- 24351718
- Subdivision:
- Tahquitz River Estates
ADDITIONAL INFORMATION
PALM SPRINGS HOTEL: Extremely rare Palm Springs hotel opportunity with a total of 25 bedrooms - 12 units each with their own Kitchen and Laundry. Manager's Office/Lobby, community bathroom and 3 cabana locations. Eleven units are 2 bedroom and 2 bath and one is a 3/3 Penthouse. Situated in the highly desirable neighborhood connecting Central and South Palm Springs next to the recently completed Cody Place, where units sell over $1M. Just a block east of South Palm Canyon Drive, the location offers easy access to shopping, dining, entertainment, and medical facilities near historic Downtown Palm Springs. Featuring gated controlled access, ample parking, a luxurious pool and spa, koi pond, private patio/BBQ area, and an open courtyard, the property provides a perfect blend of comfort and entertainment. Modern amenities such as keyless entry, plank and carpet flooring, stainless steel appliances, and central air conditioning enhance the living experience. Besides as a hotel, there is also an ability to condo map the building and sell off as condos at a later date for a significant return. Whether you're a first-time purchaser, seasoned investor, or considering a 1031 exchange, 588 E San Lorenzo Road stands as a prime income-producing investment in the thriving Palm Springs real estate market. Current loan is assumable at rate of 4.75%.
$4,195,000
San Lorenzo Rd Palm Springs, CA 92264
- Type:
- Other
- Sq.Ft.:
- 12,164
- Status:
- Active
- Beds:
- 25
- Lot size:
- 1 Acres
- Year built:
- 2012
- Baths:
- 25.00
- MLS#:
- 24-351718
ADDITIONAL INFORMATION
PALM SPRINGS HOTEL: Extremely rare Palm Springs hotel opportunity with a total of 25 bedrooms - 12 units each with their own Kitchen and Laundry. Manager's Office/Lobby, community bathroom and 3 cabana locations. Eleven units are 2 bedroom and 2 bath and one is a 3/3 Penthouse. Situated in the highly desirable neighborhood connecting Central and South Palm Springs next to the recently completed Cody Place, where units sell over $1M. Just a block east of South Palm Canyon Drive, the location offers easy access to shopping, dining, entertainment, and medical facilities near historic Downtown Palm Springs. Featuring gated controlled access, ample parking, a luxurious pool and spa, koi pond, private patio/BBQ area, and an open courtyard, the property provides a perfect blend of comfort and entertainment. Modern amenities such as keyless entry, plank and carpet flooring, stainless steel appliances, and central air conditioning enhance the living experience. Besides as a hotel, there is also an ability to condo map the building and sell off as condos at a later date for a significant return. Whether you're a first-time purchaser, seasoned investor, or considering a 1031 exchange, 588 E San Lorenzo Road stands as a prime income-producing investment in the thriving Palm Springs real estate market. Current loan is assumable at rate of 4.75%.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Year built:
- 1947
- Baths:
- 6.00
- MLS#:
- 23317851
ADDITIONAL INFORMATION
Fantastic location coupled with a wonderful opportunity to add value and turn around this 6-unit apartment building and increase cash flow and equity. The building has consistent rental income and is located west of Palm Canyon Drive and close to downtown. The property has excellent potential for redevelopment. Buyers to confirm with the city regarding zoning and development potential. All information is not guaranteed. Buyers to perform due diligence. Drive by only - Do not disturb tenants or walk the property without permission.
$1,999,000
505 W Sepulveda Road Palm Springs, CA 92262
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.29 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- CRBB23174911
View additional info
Courtesy: Oak View Realty
ADDITIONAL INFORMATION
Charming 3-Unit Complex with Pool and Mountain Views in Palm Springs, CA Nestled in the heart of Palm Springs, California, this exquisite 3-unit complex offers an incredible opportunity for investors or those seeking a picturesque desert oasis. With a stunning backyard, pool, spa, and an array of modern amenities, this property is the epitome of desert living at its finest. Property Overview: Spacious backyard oasis, perfect for outdoor entertainment and relaxation. Inviting large pool and spa, providing a refreshing escape from the desert heat. One of the units has been newly remodeled. Each of the three units boasts its own fully-equipped kitchen for convenience and versatility. Unit 1: 2 bedrooms and 2 bathrooms, offering ample space for residents or guests. Units 2 and 3: 1 bedroom and 2 bathrooms each, providing cozy and comfortable living spaces. Scenic Surroundings: The property is embraced by the captivating beauty of the desert landscape, including majestic palm trees that line the backyard. Enjoy memorable barbeque evenings in the spacious outdoor area, taking in the serene ambiance. Spectacular mountain views envelop the property, creating a tranquil and visually stunning atmosphere. Ideal for families or as a home rental, this property offers a retreat from the ordina
Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. 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.
Palm Springs Real Estate
The median home value in Palm Springs, CA is $541,000. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Palm Springs, CA is $541,000. Approximately 41.09% of Palm Springs homes are owned, compared to 23.82% rented, while 35.1% are vacant. Palm Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palm Springs real estate agent to arrange a tour today!
Palm Springs, California has a population of 44,799. Palm Springs is less family-centric than the surrounding county with 10.47% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Palm Springs, California is $61,597. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Palm Springs is 56.6 years.
Palm Springs Weather
The average high temperature in July is 107.6 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 5.2 inches per year, with 0 inches of snow per year.