Fantastic location coupled with a wonderful opportunity to add value and turn around this 6-unit apartment building and increase cash flow and equity. The building has consistent rental income and is located west of Palm Canyon Drive and close to downtown. The property has excellent potential for redevelopment. Buyers to confirm with the city regarding zoning and development potential. All information is not guaranteed. Buyers to perform due diligence. Drive by only - Do not disturb tenants or walk the property without permission.
Multi-familyProperty Type
1947Year Built
0.46 acresLot Size
6 spacesParking
Listed by TTK Represents•DRE #01327863• Compass
•760-904-5234 (agent)
•ttkrepresents@compass.com (agent)
Bought with Michael Murphy•DRE #01100519• Michael Murphy, Broker
Tremendous investment opportunity in Palm Springs! Property has excellent potential for redevelopment. Recent changes to State law would allow construction of up to two ADUs (Accessory Dwelling Units) in addition to the redevelopment of the existing six units on the property. Six-unit apartment building with consistent rental income, located West of Palm Canyon Drive and within walking distance to downtown. Contact listing agent for additional information. Buyers to confirm with the city regarding zoning and development potential. All information not guaranteed. Buyers to perform due diligence. Drive by only - Do not disturb tenants or walk property without permission.
CRMLS #PW20210098
Jan 15, 2021
Sold
$795,000
Nov 18, 2020
Pending
—
Nov 3, 2020
Relisted
—
Oct 27, 2020
Pending
—
Oct 7, 2020
Listed
$785,000
Tremendous investment opportunity in Palm Springs! Six-unit apartment building with consistent rental income, located West of Palm Canyon Drive and within walking distance to downtown. Property has excellent potential for redevelopment. Recent changes to State law would allow construction of up to two ADUs (Accessory Dwelling Units) in addition to the redevelopment of the existing six units on the property. Contact listing agent for additional information. Buyers to confirm with the city regarding zoning and development potential. All information not guaranteed. Buyers to perform due diligence. Drive by only - Do not disturb tenants or walk property without permission.
CRMLS #EV14078061
Jun 17, 2014
Sold
$325,000
May 29, 2014
Pending
—
May 22, 2014
Relisted
—
May 17, 2014
Pending
—
May 10, 2014
Relisted
—
Apr 28, 2014
Pending
—
Apr 16, 2014
Listed
$399,000
Public Records
Jul 18, 1990
Sold
$115,000
Public Records
Jul 18, 1990
Sold
$165,000
Year
Property tax
Land + Additions
Assessment*
2025
$11,740 (−2.3%)
$248,959 + $611,570
$860,529
2024
$12,015 (−1.6%)
$248,959 + $611,570
$860,529
2023
$12,214 (−0.1%)
$244,078 + $599,579
$843,657
2022
$12,228 (+88.0%)
$239,293 + $587,823
$827,116
2021
$6,503 (+3.5%)
$234,601 + $576,298
$810,899
2020
$6,283 (+1.3%)
$226,498 + $141,559
$368,057
2019
$6,202 (+1.4%)
$224,176 + $140,108
$364,284
2018
$6,115 (+1.1%)
$219,781 + $137,361
$357,142
2017
$6,047 (+2.6%)
$211,248 + $132,028
$343,276
2016
$5,891 (+5.4%)
$211,248 + $132,028
$343,276
2015
$5,588 (+41.5%)
$207,106 + $129,440
$336,546
2014
$3,948 (+3.4%)
$120,640 + $86,800
$207,440
2013
$3,820 (+8.4%)
$120,640 + $86,800
$207,440
2012
$3,524 (+19.6%)
$120,096 + $86,408
$206,504
2011
$2,947 (−1.4%)
$117,742 + $84,714
$202,456
2010
$2,988
$115,434 + $83,053
$198,487
2009
$2,987 (+6.2%)
$114,572 + $82,433
$197,005
2008
$2,814
$114,846 + $82,630
$197,476
Tax history for 330 W Mariscal Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,740 (−2.3%)
$248,959 + $611,570
$860,529
2024
$12,015 (−1.6%)
$248,959 + $611,570
$860,529
2023
$12,214 (−0.1%)
$244,078 + $599,579
$843,657
2022
$12,228 (+88.0%)
$239,293 + $587,823
$827,116
2021
$6,503 (+3.5%)
$234,601 + $576,298
$810,899
2020
$6,283 (+1.3%)
$226,498 + $141,559
$368,057
2019
$6,202 (+1.4%)
$224,176 + $140,108
$364,284
2018
$6,115 (+1.1%)
$219,781 + $137,361
$357,142
2017
$6,047 (+2.6%)
$211,248 + $132,028
$343,276
2016
$5,891 (+5.4%)
$211,248 + $132,028
$343,276
2015
$5,588 (+41.5%)
$207,106 + $129,440
$336,546
2014
$3,948 (+3.4%)
$120,640 + $86,800
$207,440
2013
$3,820 (+8.4%)
$120,640 + $86,800
$207,440
2012
$3,524 (+19.6%)
$120,096 + $86,408
$206,504
2011
$2,947 (−1.4%)
$117,742 + $84,714
$202,456
2010
$2,988
$115,434 + $83,053
$198,487
2009
$2,987 (+6.2%)
$114,572 + $82,433
$197,005
2008
$2,814
$114,846 + $82,630
$197,476
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
1947
Sq. Ft.
—
Year built
1947
Style
Multi-Family (5+ Unit)
County
Riverside County
APN
504300007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 11, 2026.
RGA6
Garden Apartment and Cluster Residential Zone
Zones are designed to provide for the development of low-density multiple-family residential uses.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Hotel / motel
Property details
Parking
Garage
Side By Side, Other, Unassigned, Uncovered
Parking
# of Parking Spaces (Total): 6
Interior
Laundry Information
Community Laundry, Laundry Outside
Equipment
Range/Oven
Heating & Cooling
Wall/Window Unit Cooling
Wall Heat
Multi-Unit Income
Gross Income: 62484
Gross Operating Income: $62,484
Net Operating Income: $36,757
Multi-Unit Expenses
Total Annual Expense: $25,726
Multi-Unit Other Financial Information
Gross Rent Multiplier: 20.72
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Apartments
Management Company Name: Utopia Management
Management Company Phone:
# of Buildings: 1
Unit 1 Information
# of Beds: 0
# of Baths: 1.00
Rent: $824
Projected Rent: $824
Actual Rent: $4,123
# of Units: 5
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,570
Projected Rent: $1,570
Actual Rent: $1,570
# of Units: 1
Exterior
Building Information
Total Floors: 1
One Level
Attached
Property Information
Land Lease Type: Fee
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 20,038
Lot Size (Acres): 0.46
Zoning: RGA
Property Features
Has View
View: Mountains
Financial
Assessment Information
Assessed Total Value: $827,116
Assessed Land Value: $239,293
Assessed Land %: 28.93
Assessed Improvement Value: $587,823
Assessed Improvement %: 71.07
Assessor Parcel Number: 504-300-007
Location
Community Information
# of Units in Complex (Total): 6
Location Information
Directions: From Palm Canyon go west on Vista Chino, right at Via Norte, right at Mariscal Road. Building is on the left hand side.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 1.0
Lot Size: 0.46 acres
Style: Multi-Family (5+ Unit)
Year Built: 1947
Year Renovated: 1947
County: Riverside County
APN: 504300007
Home facts updated by county records on Sep 11, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Katherine Finchy Elementary School
Public K-5 • Assigned • 1.0mi
4/10
Raymond Cree Middle School
Public 6-8 • Assigned • 0.8mi
5/10
Palm Springs High School
Public 9-12 • Assigned • 2.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
20% chance of being in a wildfire in next 30 years
9/10 Heat Factor
8 days above 112° expected this year, 24 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Palm Springs, CA • 92262
Average low and high temperatures (°F)
66
50
73
55
79
60
79
60
86
66
96
75
101
80
101
80
91
74
87
68
72
56
71
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.8 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.