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Overview

MLS # 219128814PS
Listed on 2025-04-21
Status Pending
Price $825,000
Type Residential Income
Size of home 2,372 sq ft
Beds / Baths 6 / 5.00
Size of lot 10,018 sq ft
Neighborhood Demuth Park
Location address 508 Desert View Drive
Palm Springs 92264

Description


Exceptional opportunity to own a well-maintained 5-unit multifamily property in the heart of Palm Springs. This income-producing asset features updated systems, a private pool, and a strong rental history with all units currently on month-to-month leases--offering flexibility for future rent increases or repositioning. Each unit has been thoughtfully maintained, ensuring consistent occupancy and appeal. Ideal for investors seeking stable cash flow and long-term growth potential in a desirable location.

General Information

Original List Price $825,000
Price Per Sq/Ft $348
Furnished No
Land Type Fee
Land Lease Expires N/A
Community Features Community Mailbox
Pool Yes
Pool Description Community, In Ground
Spa Yes
Year Built 1960
Levels One
View Mountains
Flooring Tile
Laundry In Closet
Fireplace No
Heating Type Central
Cooling Type Air Conditioning
Parking Spaces 5
Parking Type Assigned

Courtesy of: Kayla Toohey / Coldwell Banker Realty

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