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$825,000
OC-26075939 MLS CLOSED Status
44408 & 44440 Acacia Drive in Palm Desert presents a rare opportunity to acquire two adjacent triplex buildings. Each building features three units, with pool area, on-site laundry, and ample parking, creating an efficient, easy-to-manage multifamily layout. If you're looking for a clean, low-maintenance asset in a strong rental market, this is the kind of opportunity that doesn't come along often. What sets this property apart is the scope of work already completes, coupled with a fully updated rent roll that reflects current market conditions.. Nearly every major system and surface has been thoughtfully updated, removing the capital expense uncertainty that often comes with small multifamily. The property features a new roof with full tear-off, fresh underlayment, sealed vents, and new shingles. All six units have been extensively renovated with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors, hardware, lighting, fans, fixtures, and new appliances. Tankless water heaters have been installed for modern efficiency and long-term reliability. The exterior has been refreshed with patched and painted surfaces, cleaned soffits, improved curb appeal, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas with new furniture and amenities. Each unit offers a well-designed two-bedroom, one-bath layout that consistently performs in the Palm Desert rental market. All legacy tenants have been removed, and the property is now leased at market rents, allowing a new owner to step directly into stabilized income without the need for repositioning. The location further strengthens the investment, situated near College of the Desert, shopping, dining, golf, and major thoroughfares, creating strong tenant demand and long-term retention. Priced significantly below recent appraised value, this offering is ideal for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors who want a modernized asset without renovation risk. This is not a "someday" value-add project. The work is done. You're not buying a project, you're buying stability, thoughtful execution, and an income-producing asset built to perform in a market where quality small multifamily inventory is increasingly difficult to replace.

44440 Acacia Drive, Palm Desert

$815,000
OC-26075889 MLS CLOSED Status
44408 & 44440 Acacia Drive in Palm Desert presents a rare opportunity to acquire two adjacent triplex buildings. Each building features three units, with a shared pool area, on-site laundry, and ample parking, creating an efficient, easy-to-manage multifamily layout. If you're looking for a clean, low-maintenance asset in a strong rental market, this is the kind of opportunity that doesn't come along often. What sets this property apart is the scope of work already completes, coupled with a fully updated rent roll that reflects current market conditions.. Nearly every major system and surface has been thoughtfully updated, removing the capital expense uncertainty that often comes with small multifamily. The property features a new roof with full tear-off, fresh underlayment, sealed vents, and new shingles. All six units have been extensively renovated with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors, hardware, lighting, fans, fixtures, and new appliances. Tankless water heaters have been installed for modern efficiency and long-term reliability. The exterior has been refreshed with patched and painted surfaces, cleaned soffits, improved curb appeal, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas with new furniture and amenities. Each unit offers a well-designed two-bedroom, one-bath layout that consistently performs in the Palm Desert rental market. All legacy tenants have been removed, and the property is now leased at market rents, allowing a new owner to step directly into stabilized income without the need for repositioning. The location further strengthens the investment, situated near College of the Desert, shopping, dining, golf, and major thoroughfares, creating strong tenant demand and long-term retention. Priced significantly below recent appraised value, this offering is ideal for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors who want a modernized asset without renovation risk. This is not a "someday" value-add project. The work is done. You're not buying a project, you're buying stability, thoughtful execution, and an income-producing asset built to perform in a market where quality small multifamily inventory is increasingly difficult to replace.

44408 Acacia Drive, Palm Desert

$5,995,000
CV-26071280 MLS PENDING Status
We are proud to present an exceptional opportunity to acquire Deepwell Apartments, a superbly maintained 30+1 unit multifamily community located at 1680 E Palm Canyon Drive in Palm Springs, CA. This investment offers an attractive 6.59% current Cap Rate and a 6.07% Cash-on-Cash return, with the property yielding $705,600 annually. The ±20,296 SF building stands on a generous ±40,946 SF lot in the prestigious Deepwell Estates, a neighborhood celebrated for its historic mid-century modern architecture and high-end residential appeal. The asset features a diverse unit mix of studios, 1B/1B, 2B/1B, and a premier 3B/2B unit, perfectly catering to the desert’s sophisticated renter demographic. The asset has undergone substantial recent renovations, positioning it as a “turn-key” luxury investment with a sophisticated aesthetic. All units feature high-end finishes, including woodgrain-look ceramic tile flooring, designer tile in kitchens and bathrooms, and stainless steel appliances. Ownership has taken a proactive approach to capital preservation, recently replacing air conditioning units and upgrading the gated exterior to ensure tenant privacy and security. These comprehensive interior and exterior improvements significantly reduce near-term CAPEX requirements, allowing a new owner to focus on yield-driven operations. Furthermore, the property offers a curated “resort-style” living experience characterized by a crystal-clear pool, contemporary desert landscaping, and unobstructed mountain views. Deepwell Apartments is strategically positioned in a submarket showing robust signs of population and rental growth. Located along the historic Palm Canyon Drive corridor, the property offers an enviable “walk score” with proximity to the Smoke Tree Shopping Center, world-class hiking trails, and the high-end boutiques and restaurants of downtown Palm Springs. With immediate access to State Route 111, the property provides seamless connectivity to the broader Coachella Valley’s primary tourism and employment hubs. Deepwell Apartments is an excellent income-producing asset in the Inland Empire and a long-term investment opportunity. All units have been remodeled with resort-like amenities, making this a perfect asset for any investor seeking a strong risk-adjusted return. The property offers unparalleled stability for any type of investor, whether it be a first-time purchaser, a seasoned institutional investor, or those seeking a high-quality 1031 Exchange asset.

1680 East Palm Canyon, Palm Springs

$1,585,000
8 Beds 6 Baths 219145441 MLS CLOSED Status
Extraordinary Dual-Residence Estate Resort Pool & Panoramic Mountain Views A rare find in Palm Springs, this private compound spans a massive .38-acre corner lot and features two fully independent, beautifully remodeled residences. Located moments from Demuth Park and premier golf courses, this property is designed for those seeking a multi-generational legacy home or a high-performing investment. Property Highlights Unique Privacy: Situated on a 16,600 sq. ft. parcel elevated 12 feet above neighboring homes, offering unmatched 180° mountain views and total seclusion. Dual Independence: Each residence features its own private driveway accessed from separate streets, ensuring seamless privacy for guests or tenants. Spacious Layout: A combined 8 bedrooms and 6 bathrooms across two distinct homes on fee land (you own the land). Modern Infrastructure: Recently upgraded with new roofs, an owned solar system, and solar-powered gates. The Desert Lifestyle At the center of the estate lies an oversized resort-style pool, serving as a private oasis for sophisticated entertaining. The expansive secondary yard offers a blank canvas for additional amenities, such as a private pickleball court, a second pool, or a custom outdoor kitchen. Prime Location & Potential Outdoor Recreation: Walking distance to Demuth Park (pickleball, tennis, and trails), the CV Link, and world-class golf. Proven Revenue: Previously operated as a successful luxury rental generating $10,000+ per month. Turnkey Option: The estate may be offered fully furnished for an effortless transition. Whether you choose to reside in one home while leasing the other or utilize the entire compound as a private desert retreat, this estate represents a versatile and prestigious opportunity. Private showings available by appointment.

821 S Avenida Evelita, Palm Springs

$3,895,000
PS-26669731 MLS ACTIVE Status
A rare multifamily offering in one of Palm Springs' most sought-after locations, delivering 13 single-level units across three well-positioned structures. The unit mix is anchored by eleven oversized 2-bedroom, 2-bath residences averaging approximately 1,200 sq ft, complemented by two exceptional premium units spanning roughly 1,700 sq ft each featuring 2 bedrooms, 2 bathrooms, a den, expansive primary suites with oversized walk-in closets, and direct-entry 1-car garages with laundry hookups. Many units open onto a central pool/spa with tremendous mountain views and the rest open onto expansive central lawns. The asset has demonstrated consistent income growth, increasing from $265,440 in 2023 to $301,629 in 2025, with continued upward momentum into 2026. Current operations reflect elevated expenses of approximately 48%, presenting a clear and immediate opportunity to streamline to a more typical 35-40% range. Based on current averaged expenses and 2026 rent actuals the offering presents at an approximate 4.5% cap rate, with additional upside driven by both operational efficiencies and the underutilized premium unit mix. DO NOT ACCESS ANY PORTION OF THE PROPERTY WITHOUT LISTING AGENT PRESENT. DO NOT ENGAGE WITH TENANTS. 22 off-street parking spots and owned laundry facilities.

1850 South Camino Real, Palm Springs

$515,000
4 Beds 2 Baths 219144393 MLS ACTIVE Status
Discover your new property in the heart of downtown Indio, where vibrant city life meets modern convenience. This charming duplex offers an unbeatable location amidst the exciting revitalization of the area. With the construction of a new three-story City Hall and library, along with extensive infrastructure upgrades on Oasis Street, the transformation of Indio is well underway. Enjoy the benefits of living near the expanding Boulevard 111 corridor, which is quickly becoming a hub of cultural and social activity. New mixed-use residential and commercial developments are bringing a fresh energy to the neighborhood, complemented by an array of dining and shopping options. Savor the local flavors with new additions like Chick-fil-A, Dutch Bros, and Starbucks, or explore the vibrant Green Shopping Center. These improvements are strategically designed to elevate downtown Indio into a premier destination where residents and visitors alike can work, live, and play. Whether you're grabbing coffee, enjoying a meal, or exploring cultural and social hubs, everything you need is right outside your door. This duplex is not just a home; it's an opportunity to be part of Indio's exciting future--where lifestyle, convenience, and community converge. Don't miss your chance to enjoy the dynamic lifestyle and growth opportunities this location offers.

45741 Smurr Street, Indio

$259,000
2 Beds 2 Baths 219144285 MLS ACTIVE Status
ATTENTION INVESTORS! Here's your chance to own an affordable income-producing property under $260,000 in beautiful sunny Palm Springs, CA. With an estimated 6% annual ROI, this beautifully updated manufactured home sits on owned land with a low HOA fee around $330/month (paid by Landlord) and is currently leased at $2,050/month with a long term Tenant who pays all utilities. Large floor plan Featuring 2 bedrooms and 2 bathrooms offers comfortable living and the property was completely remodeled over 4 years ago (PICTURES SHOWN ARE FROM BEFORE TENANTS MOVED IN). Located in a prime central location with quick access stores, shops, and restaurants. El Dorado Palm Estates is a 55+ community located just minutes from Target, Walmart, Home Depot, and more. Residents enjoy full access to two swimming pools and a spa, saunas, tennis courts, a newly renovated gym, a game room, a library and many other amenities. Residents can participate in activities, such as Bridge, Poker, other card games. The spacious clubhouse contains a commercial kitchen which is frequently put to use when catering various park-sponsored social activities that are held throughout the year. Best of all, ownership is not restricted by age--investors of all ages are welcome. Don't miss out--submit your offer before this opportunity is gone!

147 Sage Drive, Palm Springs

$1,275,000
CV-26045872 MLS ACTIVE Status
Baristo Apartments is a 7-unit multifamily investment property located at 1900 E Baristo Road in Palm Springs, California. Situated on a corner lot at the intersection of Baristo Road and S. Saturmino Drive, the property is located within the desirable Sunrise Park submarket of Palm Springs. Built in 1970, the property consists of approximately 5,231 square feet of rentable building area situated on a 11,761 square foot R-2 zoned lot. The unit mix includes one studio, five one-bedroom / one-bathroom units, and one three-bedroom / two-and-a-half-bathroom unit. The property offers 7 open parking spaces, a community pool and a shared laundry room. Units 1 and 6 feature individual in-unit washer and dryer hookups. The property benefits from its proximity to Palm Springs High School, the public library, downtown Palm Springs retail and Dining, and Palm Springs International Airport. The surrounding area is characterized by established residential neighborhoods, strong year-round rental demand, and Palm Springs’ continued appeal as a resort destination and short-term rental market (subject to local regulations). The corner lot positioning provides added visibility, access, and overall curb appeal. 1900 E Baristo Road presents investors with the opportunity to acquire a well-located, income-producing asset within one of Southern California’s most established resort markets. Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property. For Further Information, Please Contact the Listing Agents.

1900 East Baristo Road, Palm Springs

$1,175,000
14 Beds 14 Baths 219143913 MLS CLOSED Status
Well-maintained 7-unit mid-century property in the heart of Palm Springs. Each unit offers 2 bedrooms and 1.5 baths, private patios, and off-street parking. A central courtyard pool offers mountain views and a classic Palm Springs vibe. All units have individual rooftop HVAC package units (tenants pay their own heating and cooling costs.) On-site coin-op laundry and a total of 9 parking spaces. Six of the seven units have been updated while preserving original period details like jalousie windows. Minutes from downtown shops, the weekend Farmer's Market, and the upcoming College of the Desert campus (opening 2027). Owner's unit to be delivered vacant. Monthly income (1 unit @pro-forma of $1700) is approximately $10,305 monthly, $123,660 annually. Seller is a licensed Realtor. Buyer to participate in seller's 1031 Exchange at no expense to buyer. Easy to show owner's unit with short notice.

1777 E Arenas Road, Palm Springs

$475,000
OC-26037555 MLS CLOSED Status
Welcome to 304 Desert Falls Drive East, a fully renovated and professional designed located in the highly desirable Desert Falls Country Club. This 2-bedroom, 2-bathroom condo features a bright, open floor plan ideal for a primary residence, second home, or short-term rental. The property is offered furnished as shown for a true turnkey experience. New sound proof flooring with baseboards and tile flooring T/O. The chef’s kitchen includes custom cabinetry, quartz countertops, imported tile accents, stainless steel appliances, and a natural-gas oven. Both bathrooms have been transformed into boutique-hotel-style sanctuaries with custom vanities, tiled walk-in showers, upgraded glass enclosures, and integrated LED lighting. For investors, Desert Falls is an approved short-term rental community with strong demand, making this an excellent opportunity for a 1031 exchange or a stabilized asset in a proven Palm Desert investment corridor. Residents enjoy a robust amenity package, residents also enjoy access to the community’s resort-style amenities, including a renowned semi-private golf course, multiple pools, tennis and pickleball courts, a fitness center, and scenic walking paths. HOA dues conveniently include 150 cable channels, 500 speed internet, exterior landscaping, and 24-hour guard-gated security. Located minutes from shopping, dining, medical facilities, and freeway access, this property benefits from significant year-round rental demand and long-term appreciation potential.

304 Desert Falls East, Palm Desert

$860,000
7 Beds 4 Baths 219142750 MLS CLOSED Status
Exceptional central Palm Desert investment opportunity situated on a large corner lot with three total income units--a single-family residence plus a separate duplex. The 3-bedroom, 2-bath home is approx. 1,528 sq. ft., and is currently leased. The home offers the privacy and functionality of a standalone residence with a spacious living room, separate kitchen and dining area, private fenced backyard with swimming pool. Features include custom birch cabinetry, Corian countertops in the kitchen and bathrooms. The interior and exterior have been painted recently, and a new roof installed in 2024. The duplex consists of two 2-bedroom, 1-bath units which are approx. 759 sq. ft. each. Both units have new HVAC systems installed in 2025. Unit 1 has been extensively updated and features new windows, new interior and exterior paint, vinyl plank flooring throughout with the exception of the bathroom, all-new kitchen cabinetry and countertops, updated plumbing fixtures and electrical outlets/switches, new stove and hood, tiled shower/tub, new vanity and sink, and window treatments. Unit 2 is currently leased and offers new carpeting, granite kitchen countertops, new stove and hood, updated sink and fixtures, and window blinds. Additional highlights include new roofing on both the house and duplex in 2024. Ideally located just minutes from El Paseo, shopping, dining, retail, business centers, and College of the Desert.

44858 Santa Anita Avenue, Palm Desert

$980,000
IG-26024498 MLS CLOSED Status
Welcome to this exceptional income-producing quadraplex nestled in one of Palm Springs most desirable neighborhoods! This smartly configured multi-family property offers savvy investors an outstanding opportunity to generate reliable rental income while enjoying the desert lifestyle. Spanning nearly 2,500 square feet, this thoughtfully designed building features four distinct units that cater to a variety of tenant needs. You will find a spacious 2-bed, 1-bathroom unit perfect for small families or roommates, two comfortable 1-bedroom, 1-bathroom and 1-Extra-large studio that maximizes every square inch of living space. With five bedrooms and four bathrooms in total, this property delivers impressive versatility and strong rental potential. The location truly shines here. Parking considerations have been thoughtfully addressed with assigned parking for each unit. Residents enjoy the convenience of nearby public transit options, making car-free living entirely feasible. The neighborhood exudes that perfect blend of accessibility and tranquility. Whether you are expanding your investment portfolio or stepping into the world of multi-family ownership for the first time, this quadraplex checks all the boxes. Schedule your private showing today and discover why this property represents such a compelling opportunity in the heart of the desert! Ideal for 1031 Exchange.

583 South Calle Abronia, Palm Springs

$1,350,000
5 Beds 8 Baths 219142445 MLS CLOSED Status
Prime mixed-use opportunity in the heart of Palm Springs. Located on highly trafficked North Palm Canyon Drive, 1059-1063 N Palm Canyon features five apartment units and three small commercial units, all 100% vacant and ready for immediate occupancy. The property offers exceptional upside for an owner/user or investor seeking to reposition and add value. Surrounded by a vibrant and well-established retail corridor, this prime location benefits from strong foot traffic, excellent visibility, and proximity to downtown Palm Springs' shops, dining, and entertainment. The commercial spaces are ideal for retail, office, or service uses, while the residential units provide additional income potential once renovated. The property needs some TLC, presenting a rare opportunity to customize and revitalize a mixed-use asset in one of Palm Springs' most desirable corridors. Endless possibilities for redevelopment, re-tenanting, and long-term hold in a premier location.

1059 N Palm Canyon Drive, Palm Springs

$899,000
00-26642729 MLS ACTIVE Status
Located in the highly desirable Warm Sands neighborhood, this beautifully maintained triplex is just minutes from everything Palm Springs has to offer, including hiking trails, restaurants, shopping, and entertainment. Unit Three, currently used as the owner's unit and a short-term rental, has been thoughtfully remodeled with exceptional attention to detail. The kitchen features custom cabinetry, designer backsplash, premium finishes, and updated appliances. The stunning, designer-curated bathroom offers a walk-in shower with built-in seating, product niches, custom cabinetry, and stylish tile and finishes. Unit Two features a spacious, open-concept living area and is move-in ready. Highlights include newer vinyl flooring, a kitchen with granite countertops and stainless steel appliances, generously sized bedrooms, and a convenient Jack-and-Jill bathroom. Unit One (tenant-occupied) showcases wood flooring and an updated, light-filled kitchen complete with stainless steel appliances, custom cabinetry, countertops, and backsplash. The property also offers a large shared outdoor community area, perfect for lounging, dining, and relaxing by the pool while enjoying the splendor of Palm Springs living. Some furnishings in Unit 3 per inventory list available for purchase outside of escrow. Unit #1 & #3 currently occupied. See website for floor-plans & 3D Matterport.

502 South Calle Santa Rosa, Palm Springs

$920,000
8 Beds 4 Baths 219141944 MLS ACTIVE Status
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club! A unique opportunity to acquire all four units in Building J (J1, J2, J3, and J4)—each approved for short-term rentals with no rental restrictions—offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds—home to the world-renowned Coachella and Stagecoach festivals—this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen—enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.

48304 Stewart Drive J1-4, Indio

$990,000
8 Beds 4 Baths 219141415 MLS ACTIVE Status
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club! A unique opportunity to acquire all four units in Building K (K1, K2, K3, and K4)—each approved for short-term rentals with no rental restrictions—offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds—home to the world-renowned Coachella and Stagecoach festivals—this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen—enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.

48344 Stewart Drive K1-4, Indio

$649,000
PS-26636641 MLS PENDING Status
Stylish South Palm Springs Duplex with Flexible Living Spaces. Welcome to 111 Canyon Rock Road, a gem nestled in the heart of South Palm Springs offering versatility and charm. This 2,096-square-foot duplex provides an ideal setup for both homeowners and investors. On one side, you'll find a spacious three-bedroom, two-bath layout that includes a welcoming living room, an inviting dining area and a private pool and spa for those sunny desert days. This main unit is perfect for comfortable full-time living or as your Palm Springs getaway. On the other side, a charming one-bedroom, one-bath unit offers a wonderful opportunity for rental income, guest accommodation, or even a private home office. Both units come with covered outdoor parking, ensuring convenience for you and your guests. Set in a prime South Palm Springs location, this duplex is truly a fantastic find at a great price. As a bonus, consider the rental potential: the one-bedroom, one-bath unit was previously rented at $1,400 per month. Imagine the possibilities: rent out the smaller unit for steady income, lease the main three-bedroom side, or even rent out both units. This duplex truly offers flexible living and investment opportunities all in one prime location.

111 Canyon Rock Road, Palm Springs

$660,000
4 Beds 2 Baths 219141015 MLS CLOSED Status
Fantastic investment or owner-occupant opportunity in the heart of Palm Desert! This well-maintained duplex is ideally located within walking distance to College of the Desert, making it a highly desirable property for both income-producing ownership and flexible living options. Each unit is approx. 988 SF and features a bright and spacious interior, thoughtfully updated with modern appliances, granite slab countertops, and ceramic tile floors throughout. The kitchen includes a breakfast bar that seamlessly connects to the living room, perfect for entertaining or casual dining. Both units offer 2 bedrooms with mirrored closet doors and a bathroom with stone tile shower surrounds over the bathtub. Each unit also has its own laundry room with full size washer and dryer for convenience. Unit A has a fenced side yard and Unit B has a larger fenced yard with storage shed and plenty of privacy. This duplex has a strong rental history, with the back unit currently occupied by a tenant at below-market rent, offering the potential for a rent increase at lease expiration. The front unit presents an opportunity for owner occupancy or immediate rental at current market rates, making this property versatile and highly appealing. Located just minutes from shopping, dining, and everyday amenities, this Palm Desert duplex combines modern comforts, excellent location, and strong income potential—a standout opportunity for savvy buyers and investors!

73333 Santa Rosa Way, Palm Desert

$865,000
2 Beds 3 Baths 219140259 MLS ACTIVE Status
A unique opportunity a newly constructed modern income producing Duplex in the heart of Palm Desert. This modern duplex was built in 2024. The duplex features 2 total units. Unit 1 - 1 bedroom and 1 bathroom. Unit 2 - 1 bedroom and 1.5 bathrooms. Total size of property is 2,329 SF. The property also features a full pool and spa. Nice grass yard space for pets. Each unit features an open floor plan with modern fit and finishes such as - smooth drywall, high ceilings, recessed HVAC vents, large format tile, LED lighting, spa inspired bathrooms. Each unit has washer and dryer hook ups. This property is ideal for an investor that wants to rent out both units. Or also a nice set up for someone who wants to live in one unit and rent out the other unit to bring in rental income. Plenty of parking in the front oversized driveway, with shade. Property is in close proximity to El Paseo, retail, and entertainment. Please call to schedule a private showing.

44393 Lingo Lane, Palm Desert

$3,850,000
OC-25274157 MLS CLOSED Status
Palm Desert Garden Apartments is a 25-unit multifamily investment property located in Palm Desert, CA. Situated on a 1.04-acre lot, Palm Desert Garden Apartments offers a diverse mix of studio, one-, and two-bedroom floor plans, some of which feature private patios. Additionally, the property features single-story construction, a highly desirable characteristic to prospective renters. Furthermore, Palm Desert Garden Apartments features attractive amenities such as a swimming pool, a spa, storage sheds, and ample surface parking. Palm Desert Garden Apartments is situated in an optimal Palm Desert location, within walking distance to a plethora of retail, dining, and entertainment options along the Highway 111 retail corridor. Additionally, the property benefits from its close proximity to College of The Desert, helping to attract a diverse renter pool. Furthermore, Palm Desert Garden Apartments’ location, moments away from a multitude of golf courses and parks, provides residents with convenient access to outdoor activities. The property’s desirable single-story construction and attractive Palm Desert location are primary draws for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Palm Desert Garden Apartments.

73600 San Gorgonio Way, Palm Desert

$995,000
PS-25619893 MLS ACTIVE Status
Centrally located in the Warm Sands neighborhood of Palm Springs, this duplex sits on a corner lot with direct mountain views. The western unit features two bedrooms and two bathrooms, and the eastern unit includes one bedroom, one bathroom, and an additional office. Renovated in 2019, the property includes updated kitchens, appliances, fixtures, Corian countertops, and KitchenAid cabinetry in the two-bedroom unit. Both units have double-pane windows and sliding doors, separate HVAC systems, newer water heaters, and shared washer and dryer. The roof was replaced in 2024.Both units are tenant-occupied, and leases will transfer to the new owner. The two-bedroom unit is on a five-year lease, and the one-bedroom unit is month-to-month. Each unit has a private entrance and private driveway. This property offers the flexibility to maintain both units as rentals or live in one side while leasing the other.Residents have access to nearby dining, cafs, bakeries, hiking, the Agua Caliente Spa & Casino, and Downtown Palm Springs. The property is Fee Simple, zoned for commercial use, and has no HOA

594 South Calle Encilia, Palm Springs

$1,200,000
5 Beds 5 Baths 219138230 MLS CLOSED Status
NEW LOWERED PRICE!!! Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations. Currently 80% occupied, minus the owner's unit (#4) which will generate an additional $2100 per month. At full occupancy the property will obtain a projected stabilized income of approximately $108,000—positioning it as both a reliable asset and a premium value-add candidate. Pro forma annual income would be $121,200 at market rents. Along with annual expenses of approximately $32,266.50 this provides a potential $88,933.50 annual net income (6.71% cap rate). There are 6 electric and gas meters., one for the common utilities and each residence has their individual meter. Each unit comprises of approximately 650 sq ft. with a layout of 1 bedroom and 1 bath with private courtyards and 1 assigned parking spot. The property offers a dedicated laundry room along with a common area pool and spa. The property offers comfort, livability, and the charm expected in a desert retreat, attracting quality tenants and sustaining consistent demand. Set against Palm Springs' stunning mountain backdrop, the property sits minutes from world-class golf, boutique shopping, acclaimed dining, and the vibrant downtown scene. Its strategic location and boutique scale make it ideal for investors seeking a high-quality, low-maintenance asset in a premier rental market. Refined, income-producing, and poised for appreciation, 525 S Thornhill Rd is a standout addition to any luxury investment portfolio. Owners' unit available for viewing by appointment only. Call 760-574-2299 to schedule.

525 S Thornhill Road, Palm Springs

$3,186,000
OC-25251506 MLS CLOSED Status
509 & 561 South Highland Drive is a 2-property, 21-unit multifamily investment portfolio located in Palm Springs, CA. Situated on two neighboring parcels encompassing a combined 0.93 acres, 509 & 561 South Highland Drive offer a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 2, studio units and 3, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. The properties feature attractive amenities including secure keypad entry, private patios, swimming pools, ample surface parking, and on-site laundry facilities. Additionally, the properties feature exclusively single-story construction, a highly desirable characteristic to prospective renters. Furthermore, 509 & 561 South Highland Drive have recently undergone significant capital improvements including new plumbing, electrical, plaster, and tile as well as updated building systems including roofing, solar panels, and more. 509 & 561 South Highland Drive are situated in an optimal Palm Springs location, just moments away from shops and restaurants at El Cielo Center and The Springs. The properties are within a 0.85-mile radius of Demuth Park and Sunrise Park, two sprawling community centers granting residents convenient access to a plethora of outdoor activities. Additionally, the properties benefit from their close proximity to Palm Springs International Airport, a major employment and economic driver for the area, with tourism being a significant part of the local economy. Furthermore, Ramon Road, situated just to the north of the properties, provides easy access to Downtown Palm Springs, the heart of the city featuring a plethora of unique shops, restaurants, and entertainment options. 509 & 561 South Highland Drive’s desirable single-story construction and upgraded facilities are primary draws for potential renters. The overall demand for well-maintained and amenitized rental units will be a key driver in the continued growth and success at the properties.

509 South Highland Drive, Palm Springs

$2,420,000
NP-25230746 MLS CLOSED Status
44700 San Jacinto Avenue is a Pride of Ownership investment property, located in highly desired South Palm Desert. Within a 5-minute walk you will find the prestigious “El Paseo Shopping District,” known as the Rodeo Drive of the desert with public art pieces, upscale stores, boutiques, several dining establishments, and the host of the annual Palm Desert Food & Wine Festival and El Paseo Fashion Week. Desert attractions such as Joshua Tree National Park, Mt. San Jacinto, Empire Polo Club in Indio and more than 120 golf courses within the Coachella Valley are also easily accessible. The current ownership has immaculately maintained the property with several interior and exterior renovations that are evident throughout. Improvements include, a fully renovated pool area with BBQ’s, a sun deck and chaise lounge area, drought tolerant landscaping, patios, colored concrete walkways with upscale LED lighting, new kitchens with quartz countertops, bathrooms, exterior paint to highlight the architectural features of the building and much more. Built in 1988 to condo type specs, the property consists of a collection of seven spacious 2-bedroom 2-bath apartment homes averaging roughly 1,000 square feet each with washer and dryer hookups, central air / heat and assigned two car garages. The size of the floor plans, the amenities, the renovations completed and the location, have made these units easy to rent, attracted longer-term tenants and has produced solid income. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange opportunity.

44700 San Jacinto Avenue, Palm Desert