CA > Palm Springs > Demuth Park
Palm Springs, CA 92264,547 Desert Way
Palm Springs, CA 92264,547 Desert Way
Palm Springs, CA 92264,547 Desert Way
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Lorenzo Vasquez

Lorenzo Vasquez

Modern Broker, Inc.

+1(559) 667-7612
$1,375,000
Est. payment /mo
10,018 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Demuth Park

MLS Listing ID 219126197DA

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1966

Lot Size 10,018 Sqft

Property Description

Palm Springs apartments for sale. 5 units, all large 1-bedroom units over 750 square feet each with large private patios and yard space. This is a low maintenance building with plenty of room to add value. Two units are being intentionally left vacant for the sale, giving the Buyer immediate upside. The other units are rented month to month and well below market. Property is a great fit for a value-add investor, furnished rental, or owner user opportunity. Units are potentially large enough to add a 2nd bedroom. There is a laundry room with washer and dryer and a large storage room. Private, gated courtyard. Rare opportunity to invest in world famous Palm Springs.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Interior Features Bar

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace No

Appliance Water Heater

Exterior

Parking Features Assigned, Guest, Side By Side

Community Features Gated

View Y/N Yes

View Mountain(s)

Total Parking Spaces 6

Private Pool No

Building

Lot Description Level

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 680033010

Security Features Gated Community

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Kyle Carruthers • KC West Real Estate

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agent

Lorenzo Vasquez

+1(559) 667-7612

Agent | License ID: 02072805

Agent License ID: 02072805

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