587 S Calle Ajo, Palm Springs, CA 92264
List Price: $1,500,000
On market
On marketJul 24, 20254,150 sqft8 beds6 baths
Listed by: Brady Sandahl
License #: 01416687
Phone #: 760-656-6052
Keller Williams Luxury Homes
Source:
MLS #: 25569125PS
Property Description
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. With a Cap Rate of 7.85%, this is a solid addition to any investment portfolio.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$19,617
TurboHome Estimated Value
$1,403,900
$338 sqft
High Valuation
$1,474,095
$355/sqft
Normal Valuation
$1,403,900
$338/sqft
Low Valuation
$1,333,705
$321/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $338/sqft | $1,403,900 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
Loading map...
No comparable properties found in this area.
Nearby Listings
No similar properties found in the area
Looking for properties within 5 miles with similar price and features
How it Works
1
Meet your local TurboHome agent
We match you with an in-house licensed real estate agent who knows your market
2
We support your home-buying journey
Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
