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Geoffrey Moore

120 W Arenas Road, Ste 7
Palm Springs, CA
92262

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520 S Highland Dr, Palm Springs, CA – $689,800

  • 6 Beds
  • 3 Baths
  • 3,385 Sqft
  • 40 DOM
  • 6 Beds
  • 3 Baths
  • 3,385 Sqft
  • 40 DOM
  1. Home
  2. Palm Springs
  3. 520 S Highland Dr Palm Springs, CA - 92264

520 S Highland Dr

Incredible opportunity to own a 3 unit apartment complex in Central Palm Springs! Each unit is a king-sized 2 BR / 1 BA with a big kitchen with cabinet space and counter tops galore. There are also 8 off street paved parking spaces and the units pride themselves with semi-private backyard patios to enjoy the weather or head out to the pool. Currently 100% rented (each tenant on a month to month) the property produces an attractive cap rate of 4.20%. Imagine, move in one unit and rent our the others! FHA owner occupancy only requires 15% for owner occupants. Investors, this property could be part of your desert renaissance portfolio. One unit is completely detached; perfect for the owner's unit while you rent the others.

Essential Information

  • MLS® #19498534PS
  • List Price$689,800
  • Bedrooms6
  • Bathrooms3.00
  • Square Footage3,385
  • Acres0.00
  • Year Built1979
  • TypeResidential Income
  • Sub-TypeTriplex
  • StyleSouthwestern
  • StatusActive

Community Information

  • Address520 S Highland Dr
  • AreaPalm Springs South End (334)
  • SubdivisionNOT IN A DEVELOPMENT
  • CityPalm Springs
  • CountyRiverside
  • StateCA
  • Zip Code92264

Amenities

  • Parking Spaces6
  • ParkingAssigned
  • WaterfrontCity
  • Has PoolYes
  • PoolAssociation Pool, Heated

Interior

  • Interior FeaturesOpen Floor Plan (N)
  • HeatingCentral Furnace, Forced Air
  • # of Stories1
  • StoriesOne Level

Cooling

Air Conditioning, Ceiling Fan(s)

Exterior

  • ExteriorStucco
  • Lot DescriptionBack Yard
  • RoofClay Tile
  • ConstructionFrame and Stucco

Additional Information

  • Land TypeFee
  • Date ListedAugust 10th, 2019
  • Days on Market40
  • ZoningR2
  • HOA Fees0.00

Listing Details

  • AgentRoddy De La Garza(01995374)
  • OfficeRedfin Corporation
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Property Information

This property in Palm Springs with 6 bedrooms and 3 bathrooms is priced at $689,800 and located at 520 S Highland Dr.

Roddy De La Garza(01995374), Redfin Corporation.

Based on information from CARETS as of September 19th, 2019 at 12:02pm PDT. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.