587 S Calle Ajo
Palm Springs, CA, 92264
$1,500,000
Beds
0 Baths
SqFt
0.24 Acres
Add
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Charming 6-Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well-maintained six-unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one-bedroom units and two two-bedroom units, each featuring private patios and in-unit laundry amenities that significantly enhance tenant appeal. Upgrades include dual-pane windows, modern bathrooms, quality flooring, and fir interior doors, making this a turn-key investment. The property is fully occupied with long-term tenants, reflecting the strong demand in this sought-after south-end location. With a Cap Rate of 5.89%, this is a solid addition to any investment portfolio.

Property Details

Price:
$1,500,000
MLS #:
25569125PS
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
Warm Sands
Neighborhood:
334southendpalmsprings
Listed Date:
Jul 24, 2025
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1954
Traditional334southendpalmspringsWarm Sands

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Schools

Interior

Appliances
Dishwasher, Refrigerator
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central, Natural Gas
Laundry Features
Washer Included, Dryer Included

Exterior

Architectural Style
Traditional
Construction Materials
Stucco
Parking Features
Side by Side, Uncovered
Parking Spots
6.00
Security Features
Gated Community

Financial

Map

Community

Subdivisions in Palm Springs

Market Summary

Current real estate data for Residential Income in Palm Springs as of Oct 21, 2025
16
Residential Income Listed
125
Avg DOM
$2,659,556
Avg List Price

Property Summary

    Located in the Warm Sands subdivision, 587 S Calle Ajo Palm Springs CA is a Residential Income for sale in Palm Springs, CA, 92264. It is listed for $1,500,000

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587 S Calle Ajo
Palm Springs, CA