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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

587 Calle Ajo, Palm Springs – $1,500,000

  • 6 Beds
  • 4 Baths
  • 4,150 Sqft
  • .24 Acres
  • 6 Beds
  • 4 Baths
  • 4,150 Sqft
  • .24 Acres

587 Calle Ajo

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.

Essential Information

  • MLS® #25569125PS
  • Price$1,500,000
  • Bedrooms6
  • Bathrooms4.00
  • Square Footage4,150
  • Acres0.24
  • Year Built1954
  • TypeResidential Income
  • StyleTraditional
  • StatusActive

Community Information

  • Address587 Calle Ajo
  • Area334 - South End Palm Springs
  • SubdivisionWarm Sands
  • CityPalm Springs
  • CountyRiverside
  • Zip Code92264

Amenities

  • Parking Spaces6
  • ParkingSide By Side, Uncovered
  • GaragesSide By Side, Uncovered
  • ViewMountain(s), Pool
  • Has PoolYes
  • PoolGunite

Interior

  • InteriorCarpet, Tile
  • HeatingCentral, Natural Gas
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Appliances

Dishwasher, Refrigerator, Dryer, Washer

Exterior

  • ExteriorStucco
  • ConstructionStucco
  • FoundationSlab

Additional Information

  • Date ListedJuly 24th, 2025
  • Days on Market13
  • ZoningR2

Listing Details

  • AgentBrady Sandahl
  • OfficeKeller Williams Luxury Homes
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Brady Sandahl, Keller Williams Luxury Homes.

Based on information from California Regional Multiple Listing Service, Inc. as of August 6th, 2025 at 1:42pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.