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$1,500,000

$6,000Reward *

587 S Calle Ajo, Palm Springs, CA 92264Listing ID 25569125PS

587 S Calle Ajo, Palm Springs, CA 92264

Active

Warm Sands

Time on site: 292 days • Last updated: Aug 1, 2025

Property Type

Residential Income

Property Sub Type

Bedrooms

Bathrooms

Square Feet

4,150

Acres

0.24

Days on Site

292

Cooling

Listing provided by Brady Sandahl • Keller Williams Luxury Homes, (760) 322-2286

Market Report for 92264

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-44069 • CLW-52523

Heating

Central, Natural Gas

Parking

Side By Side, Uncovered

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.

Property Information

Property Details

Location

Address

587 S Calle Ajo

County

Riverside

City

Palm Springs

Zip Code

92264

Subdivision

Warm Sands

MLS Area

334 - South End Palm Springs

Interior Features

Beds and Baths

Bedrooms

Building

Building Information

Square Feet

4,150

Year Built

1954

Stories

Construction

Stucco

Foundation

Slab

Financial

Special Conditions

Standard