547 Desert Way Active Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Demuth Park
MLS Listing ID 219126197DA
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1966
Lot Size 10,018 Sqft
Property Description
Palm Springs apartments for sale. 5 units, all large 1-bedroom units over 750 square feet each with large private patios and yard space. This is a low maintenance building with plenty of room to add value. Two units are being intentionally left vacant for the sale, giving the Buyer immediate upside. The other units are rented month to month and well below market. Property is a great fit for a value-add investor, furnished rental, or owner user opportunity. Units are potentially large enough to add a 2nd bedroom. There is a laundry room with washer and dryer and a large storage room. Private, gated courtyard. Rare opportunity to invest in world famous Palm Springs.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Interior Features Bar
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet,Laminate
Fireplace No
Appliance Water Heater
Exterior
Parking Features Assigned,Guest,Side By Side
Community Features Gated
View Y/N Yes
View Mountain(s)
Total Parking Spaces 6
Private Pool No
Building
Lot Description Level
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 680033010
Security Features Gated Community
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard