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  • $992,000

    521 Desert Way, Palm Springs, CA 92264

    10beds
    3,900sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $992,000 Zestimate®
    $254/sqft
    $2,520 Estimated rent

    What's special

    5 Units, multi-family income property, family compound(w immediate income), corporate retreat, recovery center, assisted living facility or seasonal short term (29 days or more) snowbird or work from home retreat. ZONED R2….! Check with PS Planning for all the many potential uses! FEW PROPERTIES today are this VERSATILE! LOCATION, Location, location, one of the hottest markets of Palm Springs today. You'll feel right at home as you pass through the serene, eclectic desertscaped community courtyard and into any of the 5 recently renovated and impeccably maintained units. Enjoy individually controlled central HVAC(still under factory warranty), while you explore the unique floor plan of each unit. Upgraded features and appliances enhance the kitchen, while a refinished shower/tub & water-saving fixtures create a bathroom retreat. Looking through the glass slider in each Kitchen and most masters reveals a private patio and laundry closet with your own washer/dryer. Owner's unit features additional upgrades & can be rented at a premium. Never worry about your car being afraid of the dark with automatic dusk/dawn flood lights for the private off-street parking. A custom rusted-steel gate, designed to mirror the San Jacintos, adds extra security. Weather a Novice Investor or a Property Management Pro, this urban retreat oasis is ready to call home and/or make you instant cash! Excellent long term tenant history on month to month leases. Owner occupied onsite care and creativity! Don’t miss out!! New Cooper New copper plumbing throughout and water main to street New gas lines throughout Warranty 4” form roof still under warranty - 2027 5 newer HAVC/4000BTU highly energy efficient -2026 Newer hot water heaters - 2 tankless Exterior paint Pool and spa still under warranty - 9/22

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Heat pump, Electric
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,900 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Off-street
    Features
    • Exterior features: Other, Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 680033011

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1963

    Community & neighborhood

    Location
    • Region: Palm Springs
    Services availability
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