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$3,500,000
PW26156366 MLS
We are pleased to present Sunset Palms Apartments, a well-maintained 24-unit apartment community located in Palm Springs, CA. The property offers an attractive unit mix consisting of spacious studios, one-bedroom, and two-bedroom units across three side-by-side individual parcels. Most units have been extensively upgraded with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless steel sinks, and new dual pane windows and sliding glass doors. Community amenities feature two sparkling swimming pools within gated courtyards, new ductless mini split air heating and air conditioning systems, and ample open parking. Sunset Palms offers an exceptional value-add investment opportunity with approximately 28% upside in rental income. The property is currently generating a 5.5% cap rate on in-place rents, with the potential to achieve an 8.2% cap rate as rents are brought to market, providing investors with a clear path to increased cash flow and long-term appreciation.

1433 1455 N Indian Canyon Drive, Palm Springs
$555,000
2 Beds ⋅ 2 Baths ⋅ IV26049295 MLS
**$30,000 Price Drop**Discover an exceptional residence in the tranquil Palm Springs community of Rose Garden, where this delightful single-story condominium is perfectly located just steps away from the gated pool and spa area, as well as well-lit tennis courts. Enter this meticulously maintained home through a private patio, and as you step through the single door entry, you are warmly welcomed by a spacious living/family room featuring a cozy fireplace and soaring ceilings that create an airy, open feel. Adjacent to the living area, you'll find a separate dining space conveniently located just outside the kitchen. This area is enhanced by a sliding door that opens to the private patio, allowing for seamless indoor-outdoor living. The kitchen itself is thoughtfully designed, offering ample counter space and storage, complemented by a pantry/storage closet for added convenience. A door from the kitchen leads to the single-car garage, which also houses the laundry room, ensuring functionality and ease of access. As you explore further, you'll discover two private en-suite bedrooms, both boasting impressively high ceilings. These bedrooms feature sliding doors that provide direct access to an extended patio, where you can bask in breathtaking views of the majestic mountains and the stunning Palm Springs skies. At the front of the unit, an expansive grassy area awaits, perfect for enjoying a lovely picnic or engaging in playful activities like tossing a ball around. This idyllic setting encapsulates the essence of leisure and relaxation, making it an inviting place to call home or even an Airbnb. Additionally, this residence is just a short drive from the vibrant Palm Springs strip, where a wealth of dining, shopping, and entertainment options await, ensuring that excitement and convenience are always within reach. Call NOW for your private tour!

1435 N Tiffany N, Palm Springs
$1,688,000
CV26045532 MLS
Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.

238 S Saturmino, Palm Springs

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.