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Key Details
Sold Price $775,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,372 sqft
Price per Sqft $326
Subdivision Demuth Park
MLS Listing ID 219128814
Bedrooms 6
Full Baths 5
Year Built 1960
Lot Size 10,018 Sqft
Property 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.
Location
State CA
County Riverside
Area 334 - Palm Springs South End
Interior
Heating Central
Cooling Air Conditioning
Exterior
Pool Community, In Ground
View Y/N true
View Mountain(s)
Building
Lot Description Landscaped, Corner Lot
Story 1
Sewer In, Connected and Paid
Others
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan
Listing Terms 1031 Exchange, Cash, Cash to New Loan
Special Listing Condition Standard
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Edan Amar Team Account
Broker Associate | License ID: 01856096
Broker Associate License ID: 01856096