Properties
Palm Springs, CA 92264 587 S Calle Ajo
$1,400,000
51 more
Presented By: Brady Sandahl with Keller Williams Luxury Homes;
Beds • 8
Baths • 1
SQFT • 4,150
Home Details
Charming 6-Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well-maintained six-unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one-bedroom units and two two-bedroom units, each featuring private patios and in-unit laundry amenities that significantly enhance tenant appeal. Upgrades include dual-pane windows, modern bathrooms, quality flooring, and fir interior doors, making this a turn-key investment. The property is fully occupied with long-term tenants, reflecting the strong demand in this sought-after south-end location.
Presented By: Brady Sandahl with Keller Williams Luxury Homes;
Interior Features for 587 S Calle Ajo
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
FlooringCarpet, Tile
Heating Y/NYes
Total Stories1
General for 587 S Calle Ajo
AppliancesDishwasher, Refrigerator, Dryer, Washer
Architectural StyleTraditional
Cap Rate5.51
CityPalm Springs
Community FeaturesGated
Construction MaterialsStucco
CoolingCentral Air
CountyRiverside
DirectionsFROM DOWNTOWN PALM SPRINGS: Take South Palm Canyon southbound passing Ramon Road. Left on Camino Parocela. Left on Calle Ajo.
Facing DirectionEast
Full Baths
Gross Income120600
HOANo
HeatingCentral, Natural Gas
Land Lease Y/NNo
LevelsOne
Living Area4150
Lot Size Square Feet10454
Lot Size UnitsSquare Feet
MLS Area334 - South End Palm Springs
Net Operating Income77124
New ConstructionNo
Number Of Units Total6
Patio/Porch FeaturesOpen, Patio
Pool FeaturesGunite
PostalCityPALM SPRINGS
Property TypeResidential Income
Security FeaturesGated Community
Senior Community Y/NNo
SewerSewer Tap Paid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameWarm Sands
Tenant PaysCable TV, Electricity, Gas
ViewMountain(s), Pool
Year Built1954
ZoningR2
Exterior for 587 S Calle Ajo
Building Area Total4150
Foundation DetailsSlab
InclusionsAll attached appliances including washer and dryer
Lot Size Acres0.24
Lot Size Area10454
Number of Buildings1
Parking FeaturesSide By Side, Uncovered
SpaNo
Total Parking6
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
