Property Description
This unique 5-unit compound is located in the prime and much sought-after Warm Sands area of South Palm Springs. Centrally located and close to the Downtown Palm Springs Village. Fully gated & secure. Classic Mid-Century Modern architecture Garden-Style apartment complex. It can be operated as an apartment building, or live in one unit and rent out the rest, or convert it to a boutique hotel. Minutes to the many fine shops and restaurants on Palm Canyon Drive. The perfect desert retreat! Five units total, four 1bd/1ba and one 2bd/2ba. The front unit is a detached house that has a living room with a modern rock fireplace, kitchen with a dining area, private patio with mountain views, and is 1-bedroom, 1-bath. The additional units include three 1-bedroom/1-bath units and one 2-bedroom/2-bath unit. All of these units have living rooms, impeccably maintained vintage Mid-Century Modern kitchens with original metal cabinets, breakfast bars, and dining areas. All overlook central garden areas and all have private back patios. The newly renovated pool has a large patio area with mountain views, all new pool equipment in a secure equipment area. A facilities-only electrical line was added for the grounds, the pool and laundry room. Included in the purchase price are all appliances (refrigerators, ovens, stoves, washer, dryer). All 5 units are separately metered. Buyer to co-operate with "possible" Seller's 1031 Tax Deferred Exchange at no cost to Buyer. Broker, Broker's Agents, & Sellers do not represent and/or guarantee the accuracy of the square footage, permitted or unpermitted space, bedroom/bath count, lot size/dimensions, schools, or any other information concerning the conditions or features of the property & surrounding area, including property income. The buyer is advised to independently verify the accuracy of all information through personal inspection and/or investigation with appropriate professionals to satisfy themselves regarding all material issues of the subject property etc.
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“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
$15,882
TurboHome Estimated Value
$1,526,900
$406 sqft
High Valuation
$1,603,245
$426/sqft
Normal Valuation
$1,526,900
$406/sqft
Low Valuation
$1,450,555
$385/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $406/sqft | $1,526,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood: Warm Sands
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Comparative Value
$1.68M
$2.00M
1047 Tamarisk Rd, Palm Springs, CA 92262
Sale Price: $1,682,375
Selected Comparable
975 E Camino Parocela, Palm Springs, CA 92264
List Price: $1,995,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT975 E Camino Parocela, Palm Springs, CA 92264
List: $1,995,000
Listed: 6/16/2025
Area:3,764 sqft
Price/sqft:$530
Beds:6
Baths:6
Year Built:—
Lot Size:9,583
Comparable Properties
COMPARABLEChoose comps
1047 Tamarisk Rd, Palm Springs, CA 92262
Sale: $1,682,375
7/15/2025 • 1.35 mi
Area:3,419 sqft
Price/sqft:$492
Beds:5
Baths:5
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
975 E Camino Parocela, Palm Springs, CA 92264 | $1,995,000 | 3,764 | $530 | 9,583 | — | 6/16/2025 | 6 | 6 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1047 Tamarisk Rd, Palm Springs, CA 92262 | $1,682,375 | 3,419 | $492 | 17,860 | 1.35 mi | 7/15/2025 | 5 | 5 | — | 100.0% |
Nearby Listings
4 similar properties within 5 miles

List Price: $1,650,000
1414 S Sagebrush Rd, Palm Springs, CA 92264
5 bd 5 ba 2,798 sqft
TurboHome Est. Value:
$1,515,000

List Price: $1,735,000
1480 S Sagebrush Rd, Palm Springs, CA 92264
5 bd 5 ba 2,494 sqft
TurboHome Est. Value:
$1,545,300

List Price: $2,295,000
2014 E Park Dr, Palm Springs, CA 92262
5 bd 6 ba 2,890 sqft
TurboHome Est. Value:
$2,101,000
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