INVESTMENT OPPORTUNITY AWAITS YOU IN PALM SPRINGS. Come see this 10-Unit Multi-family property that sits on over a half acre and is on Fee Simple land. The building presents 4 one-bedroom units and 6 studio apartments, 3 with patios, and 7 with a grass yard. Each unit has been updated and meticulously maintained. The complex surrounds the community pool and pet area, with lush landscaping to enjoy a very peaceful and relaxing environment. All units are currently rented on one-year leases. The property is located close to shops, grocery stores, fitness facilities, restaurants, downtown Palm Springs, the airport, and so much more.
***PROFESSIONAL PICTURES SCHEDULED*** Lucrative Duplex Rental Opportunity in the Heart of South Palm Springs Discover the perfect blend of charm, versatility, and income potential with this delightful duplex, ideally situated in the desirable Warm Sands neighborhood of South Palm Springs. Beyond the gated courtyard, you are welcomed by lush landscaping, mature trees, and inviting outdoor seating areas—setting the stage for serene desert living. This R2-zoned property currently offers two separate units, presenting a variety of living and investment options. The first is a spacious 2-bedroom, 2-bathroom unit, and the second is a cozy 1-bedroom, 1-bathroom unit—each featuring private entrances, full kitchens, dedicated parking, and individual courtyards. Both spaces are filled with natural light, boasting Spanish tile floors, warm wood accents, and an airy, tranquil ambiance. Live in one unit and rent out the other for passive income, create a dedicated guest suite, or easily reconfigure the layout into one expansive single-family home. The generously sized backyard offers plenty of potential—envision a pool, spa, or lush garden retreat to complement your lifestyle. This property is truly move-in ready, having been lovingly maintained and self-managed by the current owner. The duplex offers multiple income streams—whether you choose to continue with short-term vacation rentals, long-term leases, or a combination of both. Located just minutes from downtown Palm Springs, you'll enjoy convenient access to vibrant shops, restaurants, parks, and trails. This rare opportunity blends personal comfort with investment potential in one of Palm Springs’ most sought-after neighborhoods. Don’t miss your chance to make this charming duplex your next home or income property—schedule a private showing today! Buyer to verify all zoning and rental regulations for intended use.
Five units in Demuth Park! Each is two bedroom one bath. Four of the five have been completely remodeled with new kitchens and baths, flooring, water heaters and washers and dryers. The fifth unit (not remodeled) is in very good condition with a long term tenant. Each unit has a private patio and off street parking.
Four unit apartment complex in this highly coveted neighborhood! Situated just steps from downtown Palm Springs, this prime investment is surrounded by multi-million-dollar homes, with exciting new developments adding even more value to the area. One unit has been fully renovated, while the others feature various updates, offering both immediate rental potential and room for further enhancements. The upstairs unit boasts breathtaking mountain views from its private covered patio—an incredible draw for tenants seeking the ultimate Palm Springs lifestyle. The beautifully landscaped courtyard includes a soothing spa, creating a welcoming space for residents to relax and socialize. With its unbeatable location and strong investment potential, this property is a rare find for savvy investors looking to expand their portfolio.Don’t miss this exceptional opportunity—schedule a showing today!
Imagine owning your own midcentury modern boutique hotel in Palm Springs, California - the home of midcentury architecture and indoor-outdoor living. Well imagine no more, and welcome to the Three Ten Hotel. Every surface of this property, inside and out, has been recently redesigned and remodeled to create the most fabulous boutique hotel in the desert. This 8 room hotel sleeps 17 in its present configuration, and it is currently being booked in its entirety by large groups coming to town - bridal parties, bachelor parties, weddings, corporate events, birthdays, etc - and this is the only remaining boutique hotel in Palm Springs that still books this way, and the guests absolutely love it! It is a chance for the group to stay together, play together, and take advantage of the on-site concierge service to create the ultimate custom experience they came searching for. Every room has a kitchenette, with two of the rooms having a large full-size kitchen. There is a lounge area for everyone to gather indoors, and the outdoor area has been designed to create the most relaxing vintage boutique hotel experience. Because of the thoughtful design of each room, the hotel can, of course, also be operated with each room being rented out independently in the more traditional hotel style. This hotel is in the best part of Palm Springs, shielded from the winds, and so close to some of the finest restaurants and nightlife we have. The rich history of this property is proof that this is truly a chance to own something special in the desert.
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.
9-unit luxury boutique hotel located in an upscale residential area 1.5 miles from down town Palm Springs. After 10 years of successful operation owner is retiring. Currently the hotel is being run by employees with minimal owner interference. Completely updated. No deferred maintenance. No advertising. Minimal social media presence. Mostly referrals and return guests. One of the highest overall rated hotels in the country through all media platforms, including Google, Yelp, Expedia, Booking, TripAdvisor, etc. All the ratings are organic and travelers felt compelled to express their satisfaction without being asked for it. ***Offered at $4,400,000, *** SGI $556,500, ***NOI $297,437, ***CAP 6.76%.
Welcome to this stunning duplex located in one of Palm Springs' most desirable neighborhoods. This versatile property is ideal as a primary residence (or 2nd home), rental income property, or short-term rental (buyer to verify with City pertaining to allowance of SRT, permits, fees, etc). The front house features three spacious bedrooms and three modern bathrooms, along with a newly updated kitchen complete with sleek cabinets and countertops installed in 2022. The interior boasts new flooring throughout, providing a fresh and contemporary feel. The second unit offers one bedroom and one bathroom, as well as a convenient kitchenette, making it perfect for guests or as an income-generating rental. The outdoor amenities are equally impressive, with a new pool and spa built in 2022, featuring a heated pool with soothing waterfalls for ultimate relaxation. The property also includes solar panels with two backup batteries installed in 2024, ensuring energy efficiency and significant savings. For those who love to entertain, there is a custom-built barbecue area, ideal for hosting gatherings. Additionally, the property comes with a detached two-car garage and a huge driveway that provides ample parking. This exceptional property offers a unique opportunity to enjoy the sunny Palm Springs lifestyle while benefiting from the flexibility to generate income. Don’t miss out on this gem in a prime location!
Welcome to Blackhaus, the latest gem in AvantStay's Palm Springs collection, joining the ranks of The Wesley, The Marley, Hotel El Cid,and The Monkey Tree Hotel. Designed by renowned architect Chris Pardo from Elemental Architecture, Blackhaus offers a unique blendof modern luxury and flexibility, catering to the evolving needs of group travel.Blackhaus redefines the vacation rental experience with its ''hotelstyle asset'' concept, providing the option to book individual suites,multiple suites, or even the entire hotel for exclusive use. Ideal for weddings, reunions, bachelor or bachelorette parties, and corporateretreats, this stylish haven features four separate buildings with a total of 16 bedrooms, accommodating up to 40 guests.Guests who opt for a complete buyout can enjoy the entire property, ensuring total privacy and access to top-notch amenities. The cleanand contemporary bedrooms are equipped with high-end bedding, plush towels, luxury toiletries, flat-screen televisions, and privatepatios. The expansive shared areas are designed for socializing and relaxation, featuring a sparkling pool, cozy fireplaces, outdoorcooking spaces, and multiple bocce ball courts.Whether you're seeking a serene escape or a vibrant gathering spot, Blackhaus offers the perfect backdrop for creating unforgettable memories with your group. Enjoy seamless contactless check-in and the flexibility to tailor your stay to fit your group's unique needs.
Discover endless possibilities with this move-in ready, fully renovated estate, ideal as a family compound, high-income rental, or ultimate entertainment venue. Set on almost a half an acre of gated, lushly hedged property, this estate offers multiple living spaces, premium amenities, and exceptional flexibility. Boasting newer fully owned SOLAR System and car charging station, the 1,500-square-foot main house offers 3 bedrooms and 2 bathrooms, all showcasing a beautifully remodeled, open-concept design with high vaulted, beamed ceilings and warm finishes. Stylish tile flooring throughout mimics the look of wood, adding elegance and durability. The gourmet kitchen is a chef's dream, equipped with sleek granite countertops, a spacious center island, Sub-Zero refrigerator, and a GE Monogram range and oven. A detached 700-square-foot guesthouseconveniently connected to the 5-car garage/game roomoffers 1 bedroom, 1 bathroom, a full kitchen, and direct access to the pool, perfect for guests or rental income. Additionally, there's a 464-square-foot studio casita, complete with 1 bedroom and a wet bar/kitchenette, ideal as an office, gym, or additional guest space. The backyard is a private oasis, designed for both relaxation and entertainment. Take in the breathtaking mountain views from various outdoor seating areas, including a cozy fire pit lounge, BBQ area, and tanning shelf within the sparkling pebble tec pool, which features Wi-Fi-controlled functions, a salt saline system, an electric cover, and heat pump. The pool is completed with Jets to allow the pool to double as a gigantic spa! Completing this entertainer's paradise is a finished, game room that doubles as a storage space or garage for up to four cars, plus a separate single-car garage. The property has dual gated driveways with parking for approximately 25 vehicles. Additional upgrades include smooth stucco exterior walls, dual- and quad-pane windows, French doors, wood plank exterior ceilings, and recessed lighting along the perimeter. With its blend of luxury, functionality, and privacy, this estate is truly one-of-a-kind, offering an extraordinary lifestyle for family gatherings, hosting, or income potential.
Courtesy: Socalhomeshop Inc.
Courtesy: Century 21 Masters
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.
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
INVESTMENT OPPORTUNITY!!!! In the heart of Palm Springs this 4 bedroom, 3 bathroom single family home offers unparalleled versatility, boasting dual functionality as a licensed residential care facility for the elderly or use as a private residence! Whether you envision it as your personal residence or leverage its potential as a residential income property, this move in ready gem is ready to meet your needs! KEY FEATURES INCLUDE: A comfortable and compliant care environment; VAST mountain views providing a serene and picturesque backdrop for both residents and homeowners; Situated on a spacious wrap around lot. This Home can truly become your own family compound! Energy efficient leased solar system, adding value and sustainability with No HOAs! Featuring a an open floorplan, modern amenities, updated kitchen and bathrooms, nicely appointed separation of bedrooms. Not to be forgotten is the interior laundry room and plentiful two car garage! Perfect for a full time residence and income generating investment. Convenient access to local amenities, shopping, dining and recreational activities, making it an appealing choice for personal and professional use. If purchasing as a care facility, the Seller is open to negotiating the transfer of the business and will assist with Licensing.This property is not just a home; It's an investment in your future and a chance to enjoy comfort as a personal residence or professional use....OR BOTH!
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,372 SF on a 7,841 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,048 SF on a 9,583 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
PALM SPRINGS HOTEL: Extremely rare Palm Springs hotel opportunity with a total of 25 bedrooms - 12 units each with their own Kitchen and Laundry. Manager's Office/Lobby, community bathroom and 3 cabana locations. Eleven units are 2 bedroom and 2 bath and one is a 3/3 Penthouse. Situated in the highly desirable neighborhood connecting Central and South Palm Springs next to the recently completed Cody Place, where units sell over $1M. Just a block east of South Palm Canyon Drive, the location offers easy access to shopping, dining, entertainment, and medical facilities near historic Downtown Palm Springs. Featuring gated controlled access, ample parking, a luxurious pool and spa, koi pond, private patio/BBQ area, and an open courtyard, the property provides a perfect blend of comfort and entertainment. Modern amenities such as keyless entry, plank and carpet flooring, stainless steel appliances, and central air conditioning enhance the living experience. Besides as a hotel, there is also an ability to condo map the building and sell off as condos at a later date for a significant return. Whether you're a first-time purchaser, seasoned investor, or considering a 1031 exchange, 588 E San Lorenzo Road stands as a prime income-producing investment in the thriving Palm Springs real estate market. Current loan is assumable at rate of 4.75%.
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.
Courtesy: Oak View Realty
Courtesy: Socalhomeshop Inc.
Palm Springs is located in California. Palm Springs, California has a population of 44,799. Palm Springs is less family-centric than the surrounding county with 10.47% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Palm Springs, California is $61,597. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Palm Springs is 56.6 years.
The average high temperature in July is 107.6 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 5.2 inches per year, with 0 inches of snow per year.
