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Argin Simonian

argin.simonian@evrealestate.com +1(818) 512-7446

$ 1,500,000

Est. payment -/mo

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587 S Calle Ajo Palm Springs, CA 92264

8 Beds

6 Baths

4,150 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,150 sqft

Price per Sqft $361

Subdivision Warm Sands

MLS Listing ID 25569125PS

Bedrooms 8

HOA Y/N No

Year Built 1954

Lot Size 10,454 Sqft

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 7.85%, this is a solid addition to any investment portfolio.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Zoning R2

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Inclusions All attached appliances including washer and dryer

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Side By Side, Uncovered

Pool Gunite

Community Features Gated

View Y/N Yes

View Mountain(s), Pool

Porch Open, Patio

Total Parking Spaces 6

Building

Faces East

Story 1

Entry Level One

Foundation Slab

Sewer Sewer Tap Paid

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 508121008

Security Features Gated Community

Special Listing Condition Standard

Listed by Brady Sandahl Keller Williams Luxury Homes

Argin Simonian

Realtor | License ID: 02024788

+1(818) 512-7446

Argin Simonian

587 S Calle Ajo Palm Springs, CA 92264

Key Details

Location

Interior

Exterior

Building

Others

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587 S Calle Ajo