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Sold for $775,000 on 05/09/25
  • Listing Provided by: 

    Kayla Toohey DRE #02103671 714-348-2350,

    Coldwell Banker Realty,

    James Bianco DRE #01954998 760-808-0650,

    Coldwell Banker Realty

    $775,000

    508 Desert View Dr, Palm Springs, CA 92264

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $777,400 Zestimate®
    $--/sqft
    $2,356 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 09, 2025 at 01:54pm

    Listing Provided by:

    Kayla Toohey DRE #02103671 714-348-2350,

    Coldwell Banker Realty,

    James Bianco DRE #01954998 760-808-0650,

    Coldwell Banker Realty

    Bought with:

    Kayla Toohey, DRE #02103671

    Coldwell Banker Realty

    Barrett Toohey, DRE #02138178

    Coldwell Banker Realty

    Source: CRMLS,MLS#: 219128814PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Refrigerator, Water Heater
    Features
    • Flooring: Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned
    • Uncovered spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, In Ground
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 10,018 sqft
    • Features: Corner Lot, Landscaped
    Details
    • Parcel number: 680032001
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1960

    Community & neighborhood

    Security
    • Security features: Key Card Entry
    Community
    • Community features: Pool
    Location
    • Region: Palm Springs
    • Subdivision: Demuth Park

    HOA & financial

    Other financial information
    • Total actual rent: 5375

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    Services availability
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