521 Desert Way, Palm Springs, CA, 92264

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$1,357,900
66 Days On Site

521 Desert Way
Palm Springs, CA 92264

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1963
Built
Subdivision:
Demuth Park
County:
Riverside
Listed by Faith Messenger of HomeSmart faithmessenger@yahoo.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
521 Desert Way521 Desert Way521 Desert Way521 Desert Way
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Monthly Payment (Est.)

$6,195
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Rare Palm Springs Demuth Park 5-Unit investment and owner -user opportunity . Beautifully renovated property offering immediate rental income, resort style living and exceptional zoning flexibility. This Desert Urban Retreat presents a unique opportunity. . Set on one of the areas most sought after streets, this 5 unit apartment building blends immediate potential income with comfort and sophistication with owner occupied living if you choose. . Located within walking distance to the new College of the Desert and the newly renovated Demuth Park which features a $7.5 million dollar investment that includes 22 new pickleball courts, large and small dog parks and entrance to the new valley wide CV Link. Nearby Prescott Reserve also adds value to the area., Currently you have 3 long term residents that offer dependable cash flow.R2 zoning adds valuable flexibility beyond traditional long term tenants Potential uses may include senior living, recovery retreats, assisted living, multi -generational housing, sober living ..all subjected to Palm Springs City approval. This is a turn key property with seller inventory list . All items outlined here are subjected to buyer verification . Buyer to participate in a seller 1031 Exchange at no cost to the buyer.

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Listing Snapshot
Price 
$1,357,900
Days On Site 
66 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1963
MLS® Number 
219150331DA
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.23
Disclosures 
PetRestrictions
Land Lease 
No
Number Of Stories 
1
Parking 
Other
Parking Spaces 
8
Security 
Gated Community
Special Circumstances 
Standard
Interior Features
Cooling 
Central Air
Flooring 
Tile
Heating 
Forced Air
Spa 
Yes
Other 
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Exterior Features
Lot Features 
Landscaped
Pool Features 
PrivateIn Ground
Private Pool 
Yes
Spa 
Yes
Spa Features 
Above GroundCommunity
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Community Features 
Gated
MLS Area 
334 - South End Palm Springs
Financing Terms Available 
Cash1031 Exchange


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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