587 El Placer Road, Palm Springs, CA 92264
Local realty services provided by:CENTURY 21 Experience
587 El Placer Road,Palm Springs, CA 92264
$1,050,000
- - Beds
- - Baths
- 4 sq. ft.
- Multi-family
- Active
Listed by: margarita junak
Office: re/max time realty909-373-0880
MLS#:CV26222265
Source:CRMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$262,500
About this home
RESORT-STYLE LIVING IN THE HEART OF PALM SPRINGS! Discover this beautifully mid-century modern four-unit complex. Ideally situated in the desirable Demuth Park neighborhood of South Palm Springs. Offering an exceptional combination of modern upgrades, privacy, and resort-inspired outdoor living, this unique property presents an outstanding opportunity for investors or owner-occupants.
Situated on an expansive 11,326 sq. ft. lot, with approximately 2,408 sq. ft. of total living space, this meticulously maintained property features four spacious units. Unit #2 offers 2 bedrooms and 2 bathrooms, while units #1, #3, and #4 each feature 1 bedroom and 1 bathroom. Units #2 and #4 are currently tenant-occupied, offering existing rental income potential, while the property's desirable location and extensive upgrades make it an excellent investment opportunity. Step outside and experience a private, resort-like retreat, surrounded by a six-foot perimeter wall and secured gated entrances. The thoughtfully designed common grounds feature inviting outdoor lounging and entertaining areas, beautifully landscaped walkways, decorative lighting, and low-maintenance desert landscaping with native plants, trees, pea gravel, and drip irrigation systems. Each residence also enjoys its own private backyard, complete with gated access to the common grounds or separate street entrances, offering additional privacy and convenience. Conveniently located near Demuth Park, Palm Springs International Airport, shopping centers, restaurants, cultural attractions, and vibrant downtown Palm Springs, this property offers easy access to the area's renowned dining, shopping, entertainment, and recreational destinations. A RARE OPPORTUNITY TO OWN A FOUR-UNIT PROPERTY WITH RESORT-STYLE AMENITIES IN ONE OF PALM SPRINGS' MOST DESIRABLE LOCATIONS! Perfect for those seeking an exceptional investment opportunity or a private desert retreat with additional income potential....
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Home facts
- Year built:1958
- Subdivision & Development:Demuth Park
- Listing ID #:CV26222265
- Added:1 day(s) ago
- Updated:October 17, 2026 at 12:35 AM
Rooms and interior
- Living area:4 sq. ft.
Structure and exterior
- Year built:1958
- Building area:4 sq. ft.
- Lot area:0.26 Acres
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$262,500
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