520 South Desert View Drive, Palm Springs, CA 92264

$1,300,000
10,019
SqFt

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Sold Price
$1,300,000
List Price
$1,350,000
Closing Date
Feb 13, 2026
Status
CLOSED
MLS#
CV-25050079
Year Built
1963
Living Sq. Ft
10,019
Lot Size
10,019
Lot Location
2-5 Units/Acre
Days on Market
329
Property Type
Multifamily
Stories
1
Neighborhood
Demuth Park

Property Description

Seller Financing Available! The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.

Additional Information

Land Lease Type
Fee
Lot Description
2-5 Units/Acre
Pool
Yes
Fireplace Description
Bath, Kitchen, Primary Bedroom, Outside

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of PAEZ REALTY COMPANY. Selling Office: .