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$1,300,000
CV-25050079 MLS ⋅ CLOSED Status
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.

520 South Desert View Drive, Palm Springs
$1,425,000
6 Beds ⋅ 6 Baths ⋅ 219124410 MLS ⋅ CLOSED Status
584 and 590 S. Calle Palo Fierro. This is two separate parcels side by side and list price is for both. Each has a triplex for a total of six units. Must be purchased together. Can be financed with traditional financing because of two parcels vs one. Owner MAY carry a first trust deed. Well kept units with two units recently renovated. The rest are in great condition. Excellent corner lot in Warm Sands.

584-590 S Calle Palo Fierro, Palm Springs
$1,575,000
10 Beds ⋅ 10 Baths ⋅ 219122100 MLS ⋅ CLOSED Status
This beautiful 1990's Spanish apartment building features 5 units, all 2-2. Two units are free standing. The building has 100% occupancy with high demand for rental units in this highly desirable area -Palm Springs neighborhood (Sunrise Park) just a short walk to the new College of the Desert, the Cultural Center (Camelot Theatre), restaurants including John Henry's, Ralphs, CVS, Eisenhower Urgent Care, and much more. The owners 'pride of ownership' shows by his remodeling and upgrading of every unit over the last several years, including granite counter tops in all kitchens, stainless steel appliances including refrigerators and built in microwaves, matching granite counters in all bathrooms. The buildings 1990's construction means lower maintenance costs for the owner and desirable features for tenants with dual pane windows, good insulation, 2 off-street parking places per unit, private patios and on-site laundry.

1945 E E. Calle Lileta, Palm Springs
$687,000
00-24461661 MLS ⋅ CLOSED Status
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.

580 South Calle Palo Fierro, Palm Springs
$460,000
SW-24221815 MLS ⋅ CLOSED Status
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

356 West Sunview Avenue, Palm Springs
$1,475,000
00-24454125 MLS ⋅ CLOSED Status
Discover an exceptional investment opportunity for this first time on the market four-plex near the Ace Hotel in Twin Palms and close to downtown Palm Springs. This beautifully remodeled four-unit multifamily property is ideally situated, and features three spacious 2-bedroom, 2-bath units, each over 1,200 sq. ft. and one expansive 2-bedroom, 2-bath unit with two additional rooms, boasting over 1,800 sq. ft. Each unit has been meticulously updated with modern finishes and amenities, ensuring comfort and style. Relax by the sparkling pool or unwind in the landscaped outdoor area perfect for Palm Springs' sunny climate. There is a dedicated parking lot, offering convenience for residents, and is close to local attractions, dining, and shopping. Don't miss your chance to own a piece of paradise in Palm Springs! Buyer to comply with seller's 1031 exchange.

1965 South Camino Real, Palm Springs
$1,795,000
00-24421577 MLS ⋅ ACTIVE Status
PROPERTY UPDATE: "TEMPORARILY OFF THE MARKET" while "UNDERGOING EXTENSIVE REMODELING & UPDATING". Will return to the market in early 2025 at a higher list price. ANY & ALL QUESTIONS: Contact Listing Agent Rick Chimienti at (310) 985-3420. Do not go onto the property. Do not disturb construction workers working on the property. Do not contact or disturb Sellers/Owners. Security cameras on the property. Located in the prime and much sought-after Warm Sands area, in desirable South Palm Springs. This mid-century modern 5-unit garden style property has many possibilities. It can be run as a hotel, apartment building or live in one unit and rent out the rest. The City of Palm Springs has approved the property for conversion to a boutique hotel once specific upgrades are completed. Building permit and architectural plans to be transferred to the buyer upon closing. Five units total, four 1bd/1ba and one 2bd/2ba. Detached front unit includes living room with fireplace, 1 bedroom + 1 bath, kitchen, dining area, private patio, and mountain views. Four additional units include three 1 bedroom + 1 bath units and one 2 bedroom + 2 bath unit. All four remaining units have living rooms, vintage Mid-Century Modern kitchens, breakfast bars, and dining areas. All overlook garden areas and all have private patios. Gated pool and patio area. Minutes to the many fine shops and restaurants in the downtown village area of Palm Springs. Included in the purchase price are all appliances, exterior patio furniture. The perfect desert retreat! Buyer to co-operate with "possible" Seller's 1031 Tax Deferred Exchange at no cost to Buyer. Broker, Broker's Agents, & Sellers do not represent and/or guarantee the accuracy of the square footage, permitted or unpermitted space, bedroom/bath count, lot size/dimensions, schools, or any other information concerning the conditions or features of the property & surrounding area, including property income. Buyer is advised to independently verify the accuracy of all information through personal inspection and/or investigation with appropriate professionals to satisfy themselves regarding all material issues of the subject property etc.

975 East Camino Parocela, Palm Springs
$685,000
00-23339439 MLS ⋅ CLOSED Status
A charming cottage-style duplex and an exceptional investment opportunity in the heart of the sought-after Warm Sands neighborhood.

541 South Calle Amigos, Palm Springs
$825,000
00-24418685 MLS ⋅ CLOSED Status
Welcome to this stunning duplex, completely renovated, top to bottom in a stunning contemporary design, in one of Palm Springs' most desirable neighborhoods, Warm Sands. This versatile property is ideal as a primary residence with rental income, or 2nd home, or short-term rental (buyer to verify with city). Property is fully enclosed and private with custom steel gates, new low maintenance landscaping, astro turf, and freshly laid concrete for 4 parking spaces in front and passageways. Renovations include HVAC and ducting, water heaters, drywall throughout, electrical and plumbing, switches and dimmers, recessed lighting and cabinetry throughout. Brand new appliances, including washer and dryer in each unit. Front unit is 1 bedroom, 1bath and the rear unit is a spacious 1 bedroom with 2 baths. Both entrances are on the side with combo locks. Both units have a firepit. Separate meters for gas and electric. Not a single detail has been overlooked. You will be amazed.

1377 East Camino Primrose, Palm Springs
$679,000
3 Beds ⋅ 2 Baths ⋅ 219116048 MLS ⋅ CLOSED Status
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 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

575 S Calle Ajo, Palm Springs
$1,035,000
4 Beds ⋅ 4 Baths ⋅ 219114445 MLS ⋅ CLOSED Status
Attention, savvy investors and 1031 exchange enthusiasts! Welcome to 243 Avenida Ortega, a prime investment opportunity in the heart of South Palm Springs. This fourplex offers a rare chance to capitalize on the Palm Springs market while enjoying the beauty of the desert. Nestled against the backdrop of majestic mountains, this property boasts breathtaking mountain views that will leave you in awe. Each unit has been thoughtfully updated to provide a harmonious blend of comfort and style, making it an attractive prospect for investors looking to generate rental income. The location couldn't be more ideal for investors seeking to diversify their portfolio or execute a 1031 exchange. You'll find yourself just moments away from Palm Springs' renowned dining, shopping, and entertainment options. Don't miss this golden opportunity to own a piece of Palm Springs paradise and achieve your investment goals. Contact us today to schedule a viewing and explore the potential this unique fourplex offers

243 Avenida Ortega, Palm Springs
$1,579,000
BB-24128239 MLS ⋅ CLOSED Status
Welcome to your dream 4-plex in the heart of South Palm Springs, completely renovated with meticulous attention to detail. This sunlit oasis boasts owned solar panels for sustainable living and significantly lower electric costs, along with a brand-new, shimmering pool to cool off on sunny days. Inside, you'll find modern luxury at every turn, with new appliances, quartz countertops, in-unit washers and dryers, and ample off-street parking for your convenience. Enjoy the added benefit of being within walking distance to downtown, making dining, shopping, and entertainment easily accessible. Outdoor enthusiasts will appreciate the proximity to hiking trails, offering the opportunity to explore the area's natural beauty. Whether you're looking for a reliable rental income stream or a versatile multi-generational residence, this property caters to both. The units include (1) 2bd/2ba, (1) 2bd/1ba, and (2) 1bd/1ba. Entire property has one meter for gas, electric, and water.

145 East Mesquite Avenue, Palm Springs
$2,080,000
CV-24108311 MLS ⋅ CLOSED Status
Martinez and Associates, as the exclusive listing agent, is pleased to offer for sale the fee simple interest in Cottonwood Apartments, a 10-unit multifamily community located in Palm Springs, California. Originally constructed in 1963, the property consists of eight one bedroom units, one two bedroom unit, and one three bedroom unit. Each unit has its own private patio and yard. Cottonwood is ideally situated just steps from uptown Palm Springs, which has seen a renaissance in recent years.

550 East Cottonwood Road, Palm Springs
$660,000
00-24397053 MLS ⋅ CLOSED Status
South Palm Canyon Dr Commercial fixer. Adjacent to Tahquitz River Estates, multiple new construction projects, hotels, outstanding dining and small shops. This area is definitely up and coming. Front parking and gated rear parking, walled rear area with so much potential. The upstairs was originally two studio apartments now combined into one. Downstairs is retail space. C1 Zoning allows the biggest variety of uses including residential, retail, mixed use, restaurant and more (Buyer to confirm allowable uses with the City of Palm Springs) Small buildings for sale in this area are rare. This building is a fixer but worth the effort. Showings are by appointment. Contact your Realtor or listing agent for access. The City of Palm Springs currently has a moratorium on new liquor licenses in the area. See virtual tour below for agent walk through video.

1146 South Palm Canyon Drive, Palm Springs
$815,000
CV-24105852 MLS ⋅ CLOSED Status
Excellent income opportunity. Some units have been updated to offer modern amenities while maintaining classic charm. One of the units include features such as new flooring, updated kitchens, and contemporary fixtures, ensuring a comfortable and appealing living environment for tenants. Located in a desirable area of Palm Springs, this property benefits from the city's vibrant atmosphere and convenient amenities. It is close to schools, shopping, and dining options, making it attractive to potential renters. Additionally, the property has been designed with practicality in mind, offering features like ample parking and easy access to major routes. All four units are rented out. One unit is at fair market value and the other three have room to go up.

4093 East Calle De Carlos, Palm Springs
$1,725,000
8 Beds ⋅ 8 Baths ⋅ 219110045 MLS ⋅ CLOSED Status
Rare opportunity to acquire a well maintained successfully established income property in one of the most desirable locations of South Palm Springs. This modern 6-Unit Courtyard complex (Two 2BDR-2BA and Four 1BDR-1BA) fully occupied with remarkable rental history and high cash-flow, offers stability for any type of investor, first-time purchaser, investors seeking to diversify their portfolio or execute a 1031 exchange. Nestled in the serene Twin Palms neighborhood, the complex features a private and peaceful environment, modern architecture with tall ceilings, stunning mountain views, a private central sparkling pool & spa and manicured landscape. The well-designed layout of each unit provides ample space and flexibility to accommodate a wide range of living arrangement. All separately metered, and with assigned off-street parking, and four units featuring private patios. Among the most recent updates in recent years, four of the six units were renovated with contemporary finishes, quartz countertops, stainless steel appliances, modern showers and more. The roof of unit E was completely redone in 2022, and the L-shaped roof was serviced throughout. The pool decking was redone in 2022. This 6-Unit complex showcases attention to details in every aspect of its maintenance. Its location offers convenient access to renowned dining, shopping, and entertainment options. The property has high rental income with potential for further revenue growth. You Own the Land!

1900 S Camino Real, Palm Springs
$729,000
00-24364393 MLS ⋅ CLOSED Status
Built in 1935, this 4 unit cottage styled building is located in south Palm Springs in the Warm Sands Neighborhood, near downtown Palm Springs. Main unit is 2 bedroom and 1 bath. 2nd unit is 2 bedroom 1 bath. Plus two small studios. 3 fireplaces. Each unit was remodeled in 20011-2012, with new plumbing, electrical, tile, and cabinetry. Central air and heating in each unit. Each has their own electrical meters and gas. Great long term tenants, with minimal maintenance. Whether investing or wanting to live here, this south Palm Springs location and proximity to down town can't be beat.

517 East Camino Parocela, Palm Springs
$750,000
00-23317851 MLS ⋅ CLOSED Status
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.

330 West Mariscal Road, Palm Springs
$900,000
SW-24043433 MLS ⋅ CLOSED Status
Featured in LUXE Interiors and Design Magazine and currently used as a popular vacation rental, this professionally decorated Barbie-inspired PINK PALOMA comes complete with furnishings, decor and is fully stocked. Nestled in the prestigious Little Tuscany neighborhood of Palm Springs and just minutes from the action of downtown, this 3 bedroom, 2 bath POOL home was fully remodeled in 2022 and offers easy access to all that Palm Springs has to offer - the award-winning restaurants, bars, art galleries and more. The home features an open-concept layout encompassing the living, dining and kitchen spaces, complete with a convenient eat-in island. Abundant natural light filters in from the surrounding patio areas, illuminating the home. The master bedroom comes complete with its own master bath area and enjoys separate access to the private patio, pool and ample yard. Enjoy the gorgeous mountain views behind. Separate 2-car garage with additional driveway parking.

2723 North Junipero Avenue, Palm Springs
$2,750,000
12 Beds ⋅ 12 Baths ⋅ 219107147 MLS ⋅ CLOSED Status
Newly renovated boutique hotel in The Movie Colony in Palm Springs! Renovated in 2024, The Bearfoot Inn is a twelve room hotel located on Indian Canyon Drive just one block over from Downtown Palm Springs & the Uptown Design District, and features spacious rooms with incredible mountain views. The room mix currently includes (3) King Suites with a kitchenette and private patio, (1) Poolside King Suite, (2) Deluxe King Suites with kitchenette and private patio, (5) Poolside Queen Suites, and (1) Queen Suite with kitchenette and patio. The rooms feature open floor plans (many of which have their own kitchenettes) with lots of natural light, large slider doors opening up to the exterior, updated flooring throughout, and more. The courtyard includes a beautiful pool and spa area with lounging chairs, grass areas, and an outdoor shower. Ample private parking, new & refreshed grounds, and an irreplaceable location are just some of the perks of this hotel! Renovations have recently been completed so there is no current book of business, and certain aspects are ready for the new buyer to put their own personal touches on (including the showers). Reach out for more information or if you'd like to schedule a private tour.

888 N Indian Canyon Drive, Palm Springs
$415,000
8 Beds ⋅ 4 Baths ⋅ 219106476 MLS ⋅ CLOSED Status
Great 4-plex in Palm Springs. All units identical 2 bedrooms, 1 bath, laundry room, living room and nice size kitchen. Off street parking for all units. Property is showing as a SFR because this section of the city was first developed in unincorporated Riverside County and was annexed into the city with the R-1-D zoning. The property is considered legal non-conforming. Private money loans and Cash offers only. Originally as per tax roll a single family residence, converted to a four units. Buyer to verify, Single electric, gas and water meters.

3775 El Dorado Boulevard, Palm Springs
$2,300,000
13 Beds ⋅ 11 Baths ⋅ 219104526 MLS ⋅ CLOSED Status
Pleased to offer this 11 unit apartment complex for sale in the beautiful Twin Palms neighborhood of Palm Springs! Located at 2080 S Camino Real, Canyon Villas sits on 1⁄2 an acre in South Palm Springs and offers amazing panoramic views of the San Jacinto Mountains along with close proximity to downtown and the curve district. The unit mix includes (1) studio, (7) one bedroom units, (2) two bedroom units, and (1) three bedroom unit with only a single vacancy! This property has been very well maintained and offers dedicated on-site parking to each tenant, a beautiful interior courtyard with a shared pool, and private patios. The interiors have been updated with quality finishes and are well maintained. Canyon Villas has historically had very good occupancy rates, with most of the current tenants having been renting for 3+ years. Rents are currently below market and the new owner would have the opportunity to increase the NOI, as we have seen steep increases in rental rates over the past 36 months. This is a great opportunity to purchase a near fully leased, income producing asset in the Palm Springs market with very little deferred maintenance. Reach out to Listing Agent for more information and please do not disturb tenants.

2080 S Camino Real, Palm Springs
$600,000
3 Beds ⋅ 3 Baths ⋅ 219102222 MLS ⋅ CLOSED Status
Remodeled duplex in Warm Sands! Two bedroom two bath main unit that has been remodeled with new flooring, front door, new kitchen cabinets, hardware, plumbing fixtures, backsplash, and appliances. Bathrooms have new shower tile, glass enclosures, vanities, lighting, and mirrors. Newly enclosed front courtyard with new gates offer a great space to enjoy the outdoors with privacy. Main unit comes with an alarm system, EV charger and indoor laundry. Studio unit offers tile flooring, large open space, kitchen, and full bathroom. Laundry is in an outdoor closet. Excellent location. Short distance away from shopping, grocery shopping, and restaurants. Studio unit has an annual tenant who is under a year long lease ending in July 2024. Main unit is currently vacant.

545 Calle Amigos 1, Palm Springs
$520,000
3 Beds ⋅ 2 Baths ⋅ 219099816 MLS ⋅ CLOSED Status
(*Accepting Back-Up Offers*) Wow! No HOA fees and plus you will own a large parcel of land. Buy now before the 20% Short Term Rental limit fills! There is a 3-bedroom, 2-bath home which has been beautifully renovated so this is easy to move into for your own use or easy to build your own mini estate. This home offers brand new stainless dishwasher, plus gas stove. New roof, new HVAC, all new dual pane windows and LVP flooring. Expansive mountain views. The back yard is a clean palette and there is plenty of room for a pool plus a casita or an ADU on this spacious 8712 lot. 1-car garage. This is your opportunity to own the Palm Springs zip code in an affordable up and coming neighborhood located minutes from shopping, dining and everything Palm Springs has to offer. The most recent sales comp is 1811 Lawrence St which sold at $750,000 before pool installation. Contact agent today to schedule your personal viewing. Buyer to verify all information.

2112 Lawrence Street, Palm Springs
$989,000
6 Beds ⋅ 5 Baths ⋅ 219097531 MLS ⋅ CLOSED Status
This five-unit residence offers instant income to the new owner. Just the right blend of old and new with plenty of character featuring Vaulted beamed ceilings, concrete or tile floors, lots of storage cabinets, and built-ins. In the Five units, you will find a total of FOUR: 1 Bd /1 Ba units AND ONE: 2 bd /1 ba unit. Each one has its own private walled patio, evaporative cooler, AC, In Wall heater and a full kitchen with all appliances (which are included in the sale). The two-bedroom unit has a fireplace in the living room. This Superior, quiet residential location is in the Racquet Club West neighborhood just five minutes from Palm Springs downtown. The property has been well maintained and continuously updated and improved you'll find nothing to do but start generating revenue. Fully rented, with tenants that wish to stay, you'll only need to decide what you want to do with the two-bedroom unit. Rent it out or use it yourself? Separately metered units for gas and electricity are all in good condition. This totally walled property has ample off-street parking, a laundry room, a generous in-ground pool & a pleasant common area, with low maintenance/ low water landscaping, and stunning views. Rental Income property is in demand, call today.

482 W Pico Road, Palm Springs
$1,925,000
3 Beds ⋅ 4 Baths ⋅ 219096621 MLS ⋅ CLOSED Status
Now offering The Modernism Museum I'm Downtown Palm Springs for the reduced price of $2,200,000! Mixed-use commercial building in the heart of Downtown Palm Springs. This 12,000 SF building on a signalized intersection includes two addresses with four existing suites: a 8,000 SF retail space last used as the acclaimed Palm Springs Modernism Museum, two retail spaces just over 1,000SF each, and a 2,000 SF upstairs 3 Bed / 2 Bath, recently renovated apartment overlooking Palm Canyon Drive. Lots of revenue generating possibilities here at this building at one of the best locations in Downtown Palm Springs and near the new, close to completion, Thompson hotel.

370-380 N N Palm Canyon Drive, Palm Springs
$1,400,000
8 Beds ⋅ 4 Baths ⋅ 219094949 MLS ⋅ CLOSED Status
INCREDIBLE INVESTMENT PROPERTY! This quadruplex in centrally-located Warm Sands has been fully renovated in the last few years. All units are 2BD/1BA, with an eye for designer finishes and style galore! Pictures of the one unit are indicative of all the units, with minor differences. Upgrades/renovations in 2015 include HVACs for all units, double-pane windows and sliders, kitchens/baths/flooring, in-unit laundry, new roof profile, pool installation, with all units having direct access to the communal backyard pool/patio area, with intense views to the western mountains. 100% occupied by full time renters, smooth income stream in one of the most sought-after neighborhoods in Palm Springs. Each unit has separate meters for all utilities. Plenty of off-street parking for tenants. Single-car garage that can be rented for tenant storage.

981 E Parocela Place, Palm Springs
$810,000
3 Beds ⋅ 3 Baths ⋅ 219093542 MLS ⋅ CLOSED Status
Investor special Spanish revival triplex. The two front units are 1 bedroom, 1 bathroom with a kitchen. The rear unit is 1 bedroom and has a 2nd room without a closet (per city allowance when remodel was competed), 1 bath and kitchen area. The rear unit has a great private patio area. Front units are rented for $900 each and the rear unit is vacant. Rear unit can fetch a great market rate or be used for an owner user...

550 Calle Santa Rosa S, Palm Springs