$1,687,000
$103K PRICE DROP

Estimated payment $10,613/month

Total Views 20,211
4 Beds
4 Baths
5,239 Sq Ft
$322 Price per Sq Ft

Highlights

  • Heated Spa
  • Gated Community
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Peek-A-Boo Views
  • Secondary bathroom tub or shower combo

About This Home

4-Unit Income Property in Prime Palm Springs LocationLocated in the sought-after Historic Tennis Club neighborhood just two blocks from downtown Palm Springs, this 4-unit apartment building offers a solid investment opportunity with strong appeal for long-term or short-term rental strategies. The property consists of four 1-bedroom, 1-bath units--three located on the ground level and one upstairs.Each unit features a large bedroom with a walk-in closet and a designated off-street parking space. Unit 225 has been updated with a renovated kitchen and bathroom and includes its own stack washer and dryer as well as private back patio. The upper unit enjoys a spacious private patio with mountain views. Residents also have access to a community spa and shared laundry facilities.Surrounded by luxury homes and high-end developments, this property's location is ideal--close to hiking trails, the Palm Springs Art Museum, and the restaurants and events of downtown. Whether you're looking to expand your portfolio or explore multi-generational living, this 4-plex delivers flexibility, location, and long-term value.

Listing Agent

Sandra Quinn

Realty Trust License #01391280 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,053

Year Built

  • Built in 1971

Lot Details

  • 7,841 Sq Ft Lot
  • Drip System Landscaping
  • Sprinkler System

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,239 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Bathroom
  • Washer and Dryer Hookup

Parking

  • 4 Car Parking Spaces
  • 4 Parking Garage Spaces
  • Side by Side Parking
  • On-Street Parking
  • Unassigned Parking

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • No Interior Steps
  • Concrete Porch or Patio

Listing and Financial Details

  • The owner pays for gardener, water, trash collection, pool service
  • Assessor Parcel Number 513151010

Community Details

Overview

  • Association fees include building & grounds, water, trash
  • 4 Units
  • Tennis Club Subdivision
  • On-Site Maintenance

Recreation

  • Community Spa

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,053

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Attached/Detached: No
  • Levels: Two
  • Building Style: Contemporary
  • Disability Access: No Interior Steps
  • Entry Location: Living Room
  • List Price per Sq Ft: 322.01
  • View Type: Mountain(s), Peek-A-Boo
  • Year Built: 1971
  • Internal Listing I D: 20250703163807000985000000
  • Listing I D: 219132409
  • Listing Member Address: 650 E Tahquitz Canyon Way, Suite 2, Palm Springs, CA 92262
  • Listing Office Address: 600 E Tahquitz Canyon Way, Suite 2, Palm Springs, CA 92262
  • List Office Board Code: Palm Springs Association of Realtors
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Tennis Club
  • Unit Information Number Of Units Leased: 3
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Electric Range, Stackable W/D Hookup, Refrigerator, Disposal
  • Range Hood: Yes
  • Number Of Disposals: 4
  • Number of Ranges: 4
  • Flooring: Tile
  • Total Bedrooms: 4
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Laundry Equipment: Own
  • Laundry: Community, In Bathroom
  • Estimated Sq Ft: 5239.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Patio: Concrete Slab
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes
  • Numberof Patios: 3
  • Paved: Yes

Garage/Parking

  • Parking: On Street, Unassigned, Side By Side
  • Parking Info Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Number Electric Meters: 4
  • Number Water Meters: 4
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Number Gas Meter: 4
  • Water Heater: Yes
  • Laundry Type: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash
  • Association Amenities: Maintenance Grounds

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 513151010
  • Irrigation: Drip System, Sprinkler System
  • Lot Description: Single Lot
  • Lot Size: 7841.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Total Units: 4

Map

Range of Values:

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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 $17,053 $1,326,510 $265,302 $1,061,208
2023 $17,053 $1,275,000 $255,000 $1,020,000
2022 $17,381 $1,250,000 $250,000 $1,000,000
2021 $11,994 $833,850 $252,490 $581,360
2020 $10,746 $765,000 $244,800 $520,200
2019 $10,577 $750,000 $240,000 $510,000
2018 $10,580 $750,000 $240,000 $510,000
2017 $10,170 $714,000 $240,000 $474,000
2016 $9,620 $680,000 $225,000 $455,000
2015 $7,607 $537,600 $214,200 $323,400
2014 $7,249 $512,000 $204,000 $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $1,687,000 -5.8% $322 / Sq Ft
07/07/2025 07/07/25 For Sale $1,790,000 -- $342 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,250,000 Equity Title
Grant Deed $775,000 First American Title Company
Grant Deed $550,000 --
Grant Deed $329,000 First American Title Co
Grant Deed $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,162,500 Construction
Closed $875,000 Stand Alone Second
Previous Owner $620,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $263,200 Commercial
Previous Owner $88,000 Commercial
Source: Public Records

About the Listing Agent

Sandra Quinn

Realty Trust

(442) 205-5931

Section Image

Sandra Quinn sells the valley. From Palm Springs to La Quinta, she has consistently been a top producer in the Coachella Valley for the past 14 years and has sold over $300,000,000 in real estate since she started in 2004. Her GRI, Graduate of the Realtor Institute in 2005, shows her commitment to continually striving for the best for her clients.

Having lived in Palm Springs since 1986 and invested in property since the 1980s, Sandra knows where to look, what to ask, and how to find the

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  • 1275 Passage St, Palm Springs, CA 92262

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  • 4850 N Winners Cir Unit B, Palm Springs, CA 92264

    $521,500 Pending

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    • 1,191 Sq Ft
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  • 500 W Arenas Rd Unit 2, Palm Springs, CA 92262

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    Mid-century magic meets modern luxury in this stunning two-story condo, designed by famed mid-century modern architect Herbert Burns. Tucked in the heart of the Historic Tennis Club neighborhood, it's just steps from downtown Palm Springs' vibrant dining, shopping, hiking trails, and more.The open-concept living space is an entertainer's dream, with an updated kitchen flowing seamlessly into the

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  • 401 W Baristo Rd, Palm Springs, CA 92262

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  • 342 W Pablo Dr, Palm Springs, CA 92262

    $2,625,000 Sold May 21, 2025

    • 3 Beds
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    Nestled in the heart of the Historic Tennis Club neighborhood in downtown Palm Springs, this ultra-private hacienda-style retreat is tucked behind a gated driveway and secure pedestrian entry. A sanctuary of privacy and sophistication, the property exudes charm and exclusivity at every turn. Inside, the beamed, high-ceiling living room is ideally situated between covered front and rear patios,

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Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219132409

Greater Palm Springs Multiple Listing Service

APN: 513-151-010