547 Desert Way
Palm Springs, CA, 92264
$1,375,000
Beds
0 Baths
SqFt
0.23 Acres
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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.

Property Details

Price:
$1,375,000
MLS #:
219126197DA
Status:
Active
Baths:
0
Address:
547 Desert Way
Type:
Residential Income
Subdivision:
Demuth Park
Neighborhood:
334southendpalmsprings
City:
Palm Springs
Listed Date:
Mar 10, 2025
State:
CA
ZIP:
92264
Lot Size:
10,018 sqft / 0.23 acres (approx)
Year Built:
1966
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Interior

Appliances
Water Heater
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Laminate
Heating
Wall Furnace
Interior Features
Bar

Exterior

Garage Spaces
0.00
Lot Features
Level
Parking Features
Assigned, Side by Side, Guest
Parking Spots
6.00
Security Features
Gated Community
Stories Total
1
View
Mountain(s)

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Gas, Electricity

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Community

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Rover IDX
547 Desert Way
Palm Springs, CA