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120 W Arenas Road, Ste 7
Palm Springs, CA

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550 S El Cielo Rd, Palm Springs, CA – $2,800,000

  • $2.8M Price
  • 13,535 Sqft
  • 52 DOM
  • $2.8M Price
  • 13,535 Sqft
  • 52 DOM
  1. Home
  2. Palm Springs
  3. 550 S El Cielo Rd Palm Springs, CA - 92264

550 S El Cielo Rd

Exceptional resort style 15 unit apartment complex now available. Excellent investment opportunity with significant upside. A total living space of 13,535 SQFT. The compound comprises of 2 two-story buildings with a single level casita building in the center. A private setting with gated entrances, large pool area, and covered carport parking. Lush and green with mature landscaping and towering palm trees provide an inviting and oasis-like atmosphere. The property is fully leased with 15 long term quality leases. This apartment complex offers a stable income and value-add opportunity to capitalize on one of the most robust real estate markets in the country. Professionally managed.

Essential Information

  • MLS® #19445960PS
  • List Price$2,800,000
  • Sold Price$2,650,000
  • Bathrooms0.00
  • Square Footage13,535
  • Acres0.00
  • Year Built1970
  • TypeResidential Income
  • Sub-TypeApartment Building
  • StatusSold

Community Information

  • Address550 S El Cielo Rd
  • AreaPalm Springs South End (334)
  • SubdivisionDEMUTH PARK
  • CityPalm Springs
  • CountyRiverside
  • StateCA
  • Zip Code92264


  • Parking Spaces20
  • ParkingCarport Detached


  • AppliancesRefrigerator
  • HeatingOther
  • # of Stories2


Heat Pump(s), Zoned A/C, Room Refrig Air, Swamp Cooler(s) (N), Wall Unit(s), Wall or Window Units

Additional Information

  • Date ListedApril 15th, 2019
  • Days on Market52
  • ZoningR2

Listing Details

  • AgentP. Tomov(01915444)
  • OfficeColdwell Banker Residential Br
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Property Information

This property in Palm Springs is priced at $2,800,000 and located at 550 S El Cielo Rd.

P. Tomov(01915444), Coldwell Banker Residential Br.

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