587 S Calle Ajo, Palm Springs, CA 92264 (MLS # 26647315PS)

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PRICE $1,400,000 dsIDX morgage calculator
BEDS 8
BATHS 6
HOME SIZE 4,150 sqft
LOT SIZE 10,455 sqft

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 5.89%, this is a solid addition to any investment portfolio.

DAYS ON MARKET 1 LAST UPDATED 2/4/2026
TRACT Warm Sands YEAR BUILT 1954
COMMUNITY 334 - South End Palm Springs COUNTY Riverside
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Refrigerator, Washer
AREA 334 - South End Palm Springs
CONSTRUCTION Stucco
HEAT Central, Natural Gas
LOT 10454 sq ft
LOT DIMENSIONS 10454
PARKING Side By Side
POOL DESCRIPTION Gunite
STORIES 1
STYLE Traditional
SUBDIVISION Warm Sands
VIEW Yes
VIEW DESCRIPTION Mountain(s), Pool
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Listed with Keller Williams Luxury Homes

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