521 Desert Way, Palm Springs, CA — listing photo 1
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FOR SALE

521 Desert Way

Palm Springs, CA 92264
10,019 Lot Sq Ft
Built 1963
$1,357,900

Property Overview

Rare Palm Springs Demuth Park 5-Unit investment and owner -user opportunity . Beautifully renovated property offering immediate rental income, resort style living and exceptional zoning flexibility. This Desert Urban Retreat presents a unique opportunity. . Set on one of the areas most sought after streets, this 5 unit apartment building blends immediate potential income with comfort and sophistication with owner occupied living if you choose. . Located within walking distance to the new College of the Desert and the newly renovated Demuth Park which features a $7.5 million dollar investment that includes 22 new pickleball courts, large and small dog parks and entrance to the new valley wide CV Link. Nearby Prescott Reserve also adds value to the area., Currently you have 3 long term residents that offer dependable cash flow.R2 zoning adds valuable flexibility beyond traditional long term tenants Potential uses may include senior living, recovery retreats, assisted living, multi -generational housing, sober living ..all subjected to Palm Springs City approval. This is a turn key property with seller inventory list . All items outlined here are subjected to buyer verification . Buyer to participate in a seller 1031 Exchange at no cost to the buyer.

Home Details

Property type
Residential Income
Year built
1963
Lot size
10,019 sq ft
Parking
8 spaces
Stories
1
Days on market
62
Cumulative days on market
0
MLS status
Active

Features & Amenities

Parking

  • Other

Pool

  • In Ground

Lot

  • Landscaped

Security

  • Gated Community

Community, Schools & Utilities

Community

Subdivision
Demuth Park
Private pool
Yes
View
Mountains

Utilities

Heating
ForcedAir
Cooling
CentralAir
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Location & Neighborhood

521 Desert Way

Palm Springs, CA 92264

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Frequently Asked Questions About 521 Desert Way

Property type: Residential Income

The current asking price is $1,357,900. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 521 Desert Way. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1963. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Palm Springs, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Palm Springs property.
The MLS currently reports the property as Active. It has been listed for 62 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Faith Messenger
MLS ID: D25258

Available property

$1,357,900

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.