Property Detail

587 Calle Ajo

Palm Springs CA 92264

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$1,500,000

Status: Active

Property Details

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 7.85%, this is a solid addition to any investment portfolio.

Map Location

Listing provided courtesy of Brady Sandahl of Keller Williams Luxury Homes. Last updated 2025-07-29 08:11:15.000000. Listing information © 2025 CRMLS.

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