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508 Desert View DR Palm Springs, CA 92264
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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
Sold Date 05/09/25
Construction Status Updated/Remodeled
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 - South End Palm Springs
Interior
Heating Central
Flooring Tile
Fireplace No
Appliance Dishwasher, Refrigerator, Water Heater
Exterior
Parking Features Assigned
Pool Community, In Ground
Community Features Pool
View Y/N Yes
View Mountain(s)
Total Parking Spaces 5
Private Pool Yes
Building
Lot Description Corner Lot, Landscaped
Story 1
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 680032001
Security Features Key Card Entry
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Kayla Toohey • Coldwell Banker Realty