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Key Details
Sold Price $775,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Demuth Park
MLS Listing ID 219128814PS
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 - South End Palm Springs
Interior
Heating Central
Flooring Tile
Exterior
Parking Features Assigned
Pool Community, In Ground
Community Features Pool
View Y/N Yes
View Mountain(s)
Building
Lot Description Corner Lot, Landscaped
Story 1
Foundation Slab
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Kayla Toohey • Coldwell Banker Realty
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Edan Amar Team Account
Broker Associate | License ID: 01856096
Broker Associate License ID: 01856096