For more information regarding the value of a property, please contact us for a free consultation.
508 Desert View DR Palm Springs, CA 92264
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Sold Date 05/09/25
Bedrooms 6
Full Baths 5
HOA Y/N No
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
Fireplace false
Exterior
Pool Community, In Ground
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Lot Description Landscaped, Corner Lot
Story 1
Entry Level One
Sewer In, Connected and Paid
Level or Stories One
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan
Listing Terms 1031 Exchange, Cash, Cash to New Loan
Special Listing Condition Standard
Read Less