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Listed price in listed location currency (USD).
$1,500,000

866

MLS® 25569125PS

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4150 sqft
Garage No
HOA Fees 
Taxes 
Days Active 135
Approx. Age 1954
Avg. Price Per Sqft $361
MLS® Number 25569125PS

Property Address: 587 S Calle Ajo, Palm Springs, CA, 92264-7435

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number25569125PS
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1954
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All attached appliances including washer and dryer

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
587 S Calle Ajo, Palm Springs, CA

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