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Listed by Margarita Junak, DRE #01893620 • RE/MAX TIME REALTY
$1,050,000
Est. payment /mo
0.26 Acres Lot
Active
587 El Placer RD Palm Springs, CA 92264
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26222265
Year Built 1958
Lot Size 0.260 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
RESORT-STYLE LIVING IN THE HEART OF PALM SPRINGS! Discover this beautifully mid-century modern four-unit complex. Ideally situated in the desirable Demuth Park neighborhood of South Palm Springs. Offering an exceptional combination of modern upgrades, privacy, and resort-inspired outdoor living, this unique property presents an outstanding opportunity for investors or owner-occupants. Situated on an expansive 11,326 sq. ft. lot, with approximately 2,408 sq. ft. of total living space, this meticulously maintained property features four spacious units. Unit #2 offers 2 bedrooms and 2 bathrooms, while units #1, #3, and #4 each feature 1 bedroom and 1 bathroom. Units #2 and #4 are currently tenant-occupied, offering existing rental income potential, while the property's desirable location and extensive upgrades make it an excellent investment opportunity. Step outside and experience a private, resort-like retreat, surrounded by a six-foot perimeter wall and secured gated entrances. The thoughtfully designed common grounds feature inviting outdoor lounging and entertaining areas, beautifully landscaped walkways, decorative lighting, and low-maintenance desert landscaping with native plants, trees, pea gravel, and drip irrigation systems. Each residence also enjoys its own private bac
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Interior
Heating No Heating
Exterior
Pool None
Building
Story One Story
Water Other
Others
Tax ID 680035013
Special Listing Condition Not Applicable
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