587 S Calle Ajo

Property Overview
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.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1954
- Living area
- 4,150 sq ft
- Lot size
- 10,454 sq ft
- Parking
- 6 spaces
- Stories
- 1.0
- Days on market
- 0
- MLS status
- Active
- Architectural style
- Traditional
- Zoning
- R2
Features & Amenities
Appliances
- Dishwasher
- Refrigerator
- Dryer
- Washer
Parking
- Side By Side
- Uncovered
Pool
- Gunite
Security
- Gated Community
Community, Schools & Utilities
Community
- Subdivision
- Warm Sands
- View
- Yes
Utilities
- Heating
- Central,NaturalGas
- Cooling
- CentralAir
- Sewer
- SewerTapPaid
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
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“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

