OFF MARKET

Off market oct 2016 for $2.2M

—

Studio

•

— ba

•

—

sq ft

711 S Riverside Dr, Palm Springs, CA 92264

About this home

Zoned R3 & currently in process of hotel conversion. The Wesley Palm Springs is meticulously maintained w/ modern updates while adhering to it's Mid Century aesthetic. The grounds include a lush desert landscape, cabana sitting areas, pool, spa, outdoor living room & fire dining table, outdoor kitchen, & laundry facilities. Centrally located in a private/serene environment within walking or biking distance of all the best Palm Springs restaurants & shopping. The Wesley is carefully curated for the ideal Palm Springs guest experience & features resort class amenities for the modern savvy traveler. Made up of 10 flats ranging from deluxe studios to 2 bd, 2 bath, all flats feature private & lush garden patios to take in your morning ritual or to escape the late day warmth, cocktail in hand. Individual private patios w/ gas grills allow guests to enjoy outdoor dining at it's best. Cap rate of over 10% in it's first year with significant growth potential.

Multi-familyProperty Type

1955Year Built

0.29 acresLot Size

1 spaceParking

Listed by Valerie Fitzgerald •DRE #00974075 • Coldwell Banker Realty

•310-850-9242 (agent)

•Valerie@ValerieFitzgerald.com (agent)

Bought with Valerie Fitzgerald •DRE #00974075 • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:TheMLS #16-143668

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 92264, CA

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.1%

0.3% MoM

Median sale price

$585K

$82K MoM

Avg. days on market

98d

20 days MoM

Recently sold homes

184

12 MoM

New listings for sale

OPEN OCT 10, 11AM TO 2PM
$3,595,000
3 beds3.5 baths3,691 sq ft
38087 Maracaibo E, Palm Springs, CA 92264
NEW 33 HRS AGO
$2,195,000
3 beds4 baths3,449 sq ft
2087 S Toledo Ave, Palm Springs, CA 92264
OPEN SUN, 11AM TO 2PM
$3,480,000
3 beds3.5 baths3,804 sq ft
3150 Cody Ct, Palm Springs, CA 92264
OPEN SUN, 1PM TO 3PM
$490,000
2 beds2 baths1,116 sq ft
810 E Palm Canyon Dr #205, Palm Springs, CA 92264
$785,000
2 beds2 baths1,522 sq ft
260 Desert Lakes Dr, Palm Springs, CA 92264
$149,000
3 beds1 bath880 sq ft
142 Laguna Dr, Palm Springs, CA 92264
OPEN SUN, 11AM TO 2PM
$899,000
2 beds2 baths1,806 sq ft
2285 S Calle Palo Fierro, Palm Springs, CA 92264
$1,349,000
3 beds3 baths2,604 sq ft
71 Westlake Cir, Palm Springs, CA 92264
$1,995,000
3 beds3 baths2,105 sq ft
133 Desert Lakes Dr, Palm Springs, CA 92264
OPEN SUN, 10AM TO 12PM
$315,000
3 beds2 baths1,354 sq ft
1050 E Ramon Rd #119, Palm Springs, CA 92264
See all

Provided by Redfin

Sale history for 711 S Riverside Dr

Date

Event

Price

GPSMLS #41113357

Sep 18, 2019

Listing Removed

—

Aug 17, 2001

Listed

$625,000

TheMLS #16-143668

Oct 28, 2016

Sold

$2,250,000

Aug 16, 2016

Pending

—

Jul 14, 2016

Listed

$2,295,000

SDMLS #301720656

Oct 28, 2016

Sold

$2,250,000

Jul 7, 2016

Listed

$2,295,000

GPSMLS #216020612

Jul 13, 2016

Listing Removed

—

Jul 9, 2016

Listed

$2,295,000

SDMLS #301720452

Jul 13, 2016

Listing Removed

—

Jul 9, 2016

Listed

$2,295,000

CRMLS #EV13082770

Mar 5, 2014

Sold

$730,000

Feb 21, 2014

Pending

—

Aug 23, 2013

Relisted

—

Aug 14, 2013

Pending

—

Aug 5, 2013

Price Changed

$799,000

May 6, 2013

Listed

$845,000

GPSMLS #21434699

Mar 20, 2012

Listing Removed

—

Aug 19, 2011

Listed

$749,000

CRMLS #S329533

Nov 26, 2003

Sold

$745,000

Sep 11, 2003

Listed

$769,900

GPSMLS #41164514

Nov 26, 2003

Sold

$745,000

Nov 26, 2003

Sold

$745,000

Sep 9, 2003

Listed

$769,900

GPSMLS #21130904

Nov 1, 2002

Listing Removed

—

Mar 19, 2002

Listed

$650,000

SDMLS #301773226

Oct 31, 2002

Listing Removed

—

Mar 19, 2002

Listed

$650,000

SDMLS #301790850

Nov 17, 2001

Listing Removed

—

Aug 17, 2001

Listed

$625,000

Year

Property tax

Land + Additions

Assessment*

2016

$12,009 (+5.2%)

$207,106 + $548,832

$755,938

2015

$11,414 (−10.3%)

$207,106 + $548,832

$755,938

2014

$12,720 (+0.8%)

$237,757 + $626,306

$864,063

2013

$12,621 (+6.6%)

$237,757 + $626,306

$864,063

2012

$11,834 (+4.3%)

$236,684 + $623,476

$860,160

2011

$11,343 (−0.3%)

$232,044 + $611,251

$843,295

2010

$11,379 (+0.1%)

$227,495 + $599,266

$826,761

2009

$11,366 (+6.9%)

$225,796 + $594,789

$820,585

2008

$10,634

$226,334 + $596,203

$822,537

Tax history for 711 S Riverside Dr

Year

Property tax

Land + Additions

Assessment*

2016

$12,009 (+5.2%)

$207,106 + $548,832

$755,938

2015

$11,414 (−10.3%)

$207,106 + $548,832

$755,938

2014

$12,720 (+0.8%)

$237,757 + $626,306

$864,063

2013

$12,621 (+6.6%)

$237,757 + $626,306

$864,063

2012

$11,834 (+4.3%)

$236,684 + $623,476

$860,160

2011

$11,343 (−0.3%)

$232,044 + $611,251

$843,295

2010

$11,379 (+0.1%)

$227,495 + $599,266

$826,761

2009

$11,366 (+6.9%)

$225,796 + $594,789

$820,585

2008

$10,634

$226,334 + $596,203

$822,537

*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

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

Year built

—

Style

Multi-Family (2-4 Unit)

County

Riverside County

APN

508191004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 18, 2019.

Property details

Parking

Garage
Other

Interior

Equipment
Other

Heating & Cooling
Central Cooling
Forced Air Heating

Multi-Unit Income
Gross Income: 375000
Gross Operating Income: $375,000
Net Operating Income: $230,000

Multi-Unit Expenses
Total Annual Expense: $145,000

Multi-Unit Other Financial Information
Cap Rate: 10
Gross Rent Multiplier: 6.12
Vacancy Rate: 25
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1
Type Of Units: 0
# of Buildings: 1

Unit 1 Information
# of Beds: 0
# of Baths: 0.00

Exterior

Property Information
Property Type: Residential Income

Lot Information
Lot Size (Sq. Ft.): 12,696
Zoning: R3

Financial

Assessment Information
Assessed Land Value: $203,996
Assessed Improvement Value: $540,589
Assessor Parcel Number: 508-191-004

Location

Community Information
# of Units in Complex (Total): 10

Location Information
Directions: Head south on S. Palm Canyon, turn left on E mesquite avenue, and take your first left on riverside dr.

Public facts

Beds: —
Baths: —
Sq. Ft.: 0
Stories: —
Lot Size: 0 square feet
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Riverside County
APN: 508191004

Home facts updated by county records on Aug 18, 2019

Other

Documents & Disclosures
Disclosures: As Is

Around this home

Schools

Cahuilla Elementary School

Public K-5 • Assigned • 0.2mi

3/10

Raymond Cree Middle School

Public 6-8 • Assigned • 2.4mi

5/10

Palm Springs High School

Public 9-12 • Assigned • 1.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Palm Springs, CA • 92264

Average low and high temperatures (°F)

101

104

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 7.4 hours in December, placing it above the U.S. average for solar exposure.

10.3 hrs

7.4 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 92264

OPEN OCT 10, 11AM TO 2PM

$3,595,000

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38087 Maracaibo E, Palm Springs, CA 92264

NEW 33 HRS AGO3D WALKTHROUGH

$2,195,000

3 beds4 baths3,449 sq ft

2087 S Toledo Ave, Palm Springs, CA 92264

OPEN SUN, 11AM TO 2PM

$3,480,000

3 beds3.5 baths3,804 sq ft

3150 Cody Ct, Palm Springs, CA 92264

OPEN SUN, 1PM TO 3PM

$490,000

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810 E Palm Canyon Dr #205, Palm Springs, CA 92264

$785,000

2 beds2 baths1,522 sq ft

260 Desert Lakes Dr, Palm Springs, CA 92264

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142 Laguna Dr, Palm Springs, CA 92264

OPEN SUN, 11AM TO 2PM

$899,000

2 beds2 baths1,806 sq ft

2285 S Calle Palo Fierro, Palm Springs, CA 92264

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3 beds3 baths2,604 sq ft

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Home values near 711 S Riverside Dr

Data from public records.

Address	Redfin Estimate
735 South Riverside Dr, Palm Springs, CA 8 Beds \| 6 Baths \| - Sq. Ft.	$1,639,037
747 South Riverside Dr Apartment 4, Palm Springs, CA 2 Beds \| 2 Baths \| 1043 Sq. Ft.	$341,562

Address	Redfin Estimate
747 South Riverside Dr Apartment 2, Palm Springs, CA 2 Beds \| 2 Baths \| 1046 Sq. Ft.	$344,067
747 South Riverside Dr Apartment 3, Palm Springs, CA 1 Beds \| 2 Baths \| 1043 Sq. Ft.	$422,829

Address	Redfin Estimate
747 South Riverside Dr Apartment 1, Palm Springs, CA 2 Beds \| 2 Baths \| 1046 Sq. Ft.	$350,753
747 South Riverside Dr Apartment 6, Palm Springs, CA 2 Beds \| 2 Baths \| 1026 Sq. Ft.	$394,402

Property information provided by TheMLS when last listed in 2016. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 92264, CA

Sale history for 711 S Riverside Dr

Tax history for 711 S Riverside Dr

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92264

Home values near 711 S Riverside Dr

More real estate resources