$1,295,000
PENDING
Total Views 314
14 Beds
14 Baths
850 Sq Ft
$1,524 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gated Community
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Secondary bathroom tub or shower combo

About This Home

Well-maintained 7-unit mid-century property in the heart of Palm Springs. Each unit offers 2 bedrooms and 1.5 baths, private patios, and off-street parking. A central courtyard pool offers mountain views and a classic Palm Springs vibe. All units have individual rooftop HVAC package units (tenants pay their own heating and cooling costs.) On-site coin-op laundry and a total of 9 parking spaces. Six of the seven units have been updated while preserving original period details like jalousie windows. Minutes from downtown shops, the weekend Farmer's Market, and the upcoming College of the Desert campus (opening 2027). Owner's unit to be delivered vacant. Monthly income (1 unit @pro-forma of $1700) is approximately $10,305 monthly, $123,660 annually. Seller is a licensed Realtor. Buyer to participate in seller's 1031 Exchange at no expense to buyer. Easy to show owner's unit with short notice.

Listing Agent

Stephen Sullivan

Coldwell Banker Realty License #01321825 Listed on: 02/27/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • Drip System Landscaping
  • Sprinkler System

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 850 Sq Ft Home
  • Jalousie or louvered window
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Secondary bathroom tub or shower combo

Parking

  • 9 Car Parking Spaces
  • 9 Assigned Parking Spaces

Pool

  • In Ground Pool
  • Fence Around Pool

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for gardener, water, trash collection, pool service
  • Assessor Parcel Number 502163005

Community Details

Overview

  • 7 Units
  • Central Palm Springs Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.39 Acres

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Building Style: Mid Century
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 1523.53
  • View Type: Mountain(s), Pool
  • Water District Name: Desert Water Agency
  • Year Built: 1963
  • Internal Listing I D: 20260227005957302797000000
  • Listing I D: 219143913
  • Listing Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-4578
  • List Office Board Code: California Desert Association of Realtors
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Central Palm Springs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 7
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 14
  • Bathroom Features: Shower Over Tub
  • Half Bathrooms: 7
  • Total Bathrooms: 14.00
  • Full Bathrooms: 7
  • Laundry Equipment: Own
  • Laundry: Community, Laundry Area
  • Estimated Sq Ft: 850.00
  • Windows Treatments: Jalousie - Louvered

Exterior Features

  • Construction: Stucco
  • Roofing: Tar/Gravel
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Community
  • View: Yes
  • Numberof Patios: 7
  • Paved: Yes

Garage/Parking

  • Parking: Assigned
  • Parking Info Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 9.00

Utilities

  • Number Electric Meters: 7
  • Number Water Meters: 1
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Gated Community
  • Sewer: Connected on Bond
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 7
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 502163005
  • Irrigation: Drip System, Sprinkler System
  • Lot Size: 16988.00

Rental Info

  • Owner Pays: Gardener, Water, Trash Collection, Pool Service
  • Tenant Pays: Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 7
  • Total Units: 7

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,069 $678,258 $175,841 $502,417
2023 $10,069 $651,922 $169,014 $482,908
2022 $10,236 $639,140 $165,700 $473,440
2021 $10,065 $626,608 $162,451 $464,157
2020 $9,690 $620,184 $160,786 $459,398
2019 $9,553 $608,025 $157,634 $450,391
2018 $9,406 $596,104 $154,544 $441,560
2017 $9,291 $584,416 $151,514 $432,902
2016 $9,018 $572,958 $148,544 $424,414
2015 $8,582 $564,353 $146,313 $418,040
2014 $8,335 $553,300 $143,448 $409,852
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 Pending -- -- --
02/27/2026 02/27/26 For Sale $1,295,000 -- $1,524 / Sq Ft
Source: California Desert Association of REALTORS®

Source: California Desert Association of REALTORS®

MLS Number: 219143913

California Desert Association of REALTORS®

APN: 502-163-005

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