Millman Team Real Estate

$1,500,000
8 Bed
6 Bath
4,150 Sqft
0.24 Acre Lot

587 S Calle Ajo, Palm Springs, California 92264

  • Residential Income Property Type
  • 4,150 Sqft Square Footage
  • Side By Side Cars Garage
  • 1954 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
25569125PS
$1,500,000
Mountain(s), Pool
8
6
4,150 Sqft
1954
0.24 Acre
Active
Features
: Gunite
: Central, Natural Gas
: Central Air
: Open, Patio
: Side By Side, Uncovered
: Traditional
: Carpet, Tile
: Sewer Tap Paid
$0
Appliances
: Dishwasher, Dryer, Washer, Refrigerator
Address Map
CA
Riverside
Palm Springs
Warm Sands
92264
Calle Ajo
587
East
FROM DOWNTOWN PALM SPRINGS: Take South Palm Canyon southbound passing Ramon Road. Left on Camino Parocela. Left on Calle Ajo.
334 - South End Palm Springs
S
R2
Additional Information
$0
$0
$0
$0
$0
4150
: Gated
: Stucco
: Slab
: One
6
2025-07-24
1
1
Broker/Agent Information
Keller Williams Luxury Homes
Brady Sandahl
Listing Information
Antonio Estrada
CLW-52523
CLW-4760
Keller Williams Luxury Homes
CLW-44069
CLW-4760
Active
2025-08-01T12:39:50Z
CRMLS
: Standard
2025-07-24T00:00:00Z
Agent info
Ray Millman
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