Mid Century four unit apartment building located in the desirable area of Tahquitz River Estates, within walking distance to everything Palm Springs has to offer. The building was legally converted from five units to four units with permits. The four units consist of 1 3 bed/2 bath (owners), 1 2 bed/1 bath and 2 1 bed/1 bath. The 3 bed/2 bath possibly could be converted back to two units of 2 bed/1 bath and 1 bed/1 bath. Please confirm with the City of Palm Springs. Great opportunity for owner use or inve
Mid Century four unit apartment building located in the desirable area of Tahquitz River Estates, within walking distance to everything Palm Springs has to offer. The building was legally converted from five units to four units with permits. The four units consist of 1 3 bed/2 bath (owners), 1 2 bed/1 bath and 2 1 bed/1 bath. The 3 bed/2 bath possibly could be converted back to two units of 2 bed/1 bath and 1 bed/1 bath. Please confirm with the City of Palm Springs. Great opportunity for owner use or investor with great upside potential. Please do not disturb the tenants or enter property.
Mid Century four unit apartment building located in the desirable area of Tahquitz River Estates, within walking distance to everything Palm Springs has to offer. The building was legally converted from five units to four units with permits. The four units consist of 1 3 bed/2 bath (owners), 1 2 bed/1 bath and 2 1 bed/1 bath. The 3 bed/2 bath possibly could be converted back to two units of 2 bed/1 bath and 1 bed/1 bath. Please confirm with the City of Palm Springs. Great opportunity for owner use or investor with great upside potential. Please do not disturb the tenants or enter property.
SDMLS #301738557
Jul 13, 2018
Sold
$750,000
May 23, 2018
Listed
$775,000
SDMLS #130001656
Jun 28, 2013
Sold
$345,000
Mar 14, 2013
Pending
—
Mar 8, 2013
Pending
—
Feb 25, 2013
Price Changed
$350,000
Feb 25, 2013
Relisted
—
Jan 10, 2013
Listing Removed
—
Jan 10, 2013
Listed
$325,000
CRMLS #SW13000793
Jun 28, 2013
Sold
$345,000
Apr 25, 2013
Pending
—
Apr 24, 2013
Pending
—
Apr 4, 2013
Pending
—
Apr 1, 2013
Relisted
—
Mar 14, 2013
Pending
—
Mar 4, 2013
Pending
—
Feb 25, 2013
Relisted
—
Feb 22, 2013
Price Changed
$350,000
Jan 9, 2013
Pending
—
Jan 3, 2013
Listed
$325,000
1 building with 4 units. 7 bed 5 bath.
Public Records
Feb 22, 2000
Sold
$239,000
GPSMLS #2907842
Nov 2, 1999
Listing Removed
—
Aug 3, 1999
Listed
$245,000
GPSMLS #4801699
Aug 31, 1998
Sold
$229,000
Aug 31, 1998
Sold
$229,000
May 29, 1998
Listed
$249,500
Year
Property tax
Land + Additions
Assessment*
2025
$11,107 (−2.3%)
$167,326 + $669,307
$836,633
2024
$11,370 (−1.6%)
$167,326 + $669,307
$836,633
2023
$11,560
$164,046 + $656,184
$820,230
2022
$11,572 (+1.9%)
$160,830 + $643,318
$804,148
2021
$11,360 (+4.2%)
$157,677 + $630,704
$788,381
2020
$10,902 (+1.6%)
$154,586 + $618,338
$772,924
2019
$10,732 (+75.1%)
$153,001 + $611,998
$764,999
2018
$6,131 (+1.2%)
$150,001 + $599,999
$750,000
2017
$6,058 (+3.0%)
$79,574 + $286,477
$366,051
2016
$5,881 (+5.2%)
$79,574 + $286,477
$366,051
2015
$5,592 (+3.3%)
$78,014 + $280,860
$358,874
2014
$5,413 (+13.9%)
$75,340 + $271,225
$346,565
2013
$4,752 (+7.4%)
$75,340 + $271,225
$346,565
2012
$4,426 (+8.3%)
$71,135 + $227,152
$298,287
2011
$4,088 (−1.4%)
$69,741 + $222,699
$292,440
2010
$4,145
$68,374 + $218,333
$286,707
2009
$4,142 (+6.5%)
$67,864 + $216,702
$284,566
2008
$3,889
$68,026 + $217,218
$285,244
Tax history for 735 S RIVERSIDE Dr
Year
Property tax
Land + Additions
Assessment*
2025
$11,107 (−2.3%)
$167,326 + $669,307
$836,633
2024
$11,370 (−1.6%)
$167,326 + $669,307
$836,633
2023
$11,560
$164,046 + $656,184
$820,230
2022
$11,572 (+1.9%)
$160,830 + $643,318
$804,148
2021
$11,360 (+4.2%)
$157,677 + $630,704
$788,381
2020
$10,902 (+1.6%)
$154,586 + $618,338
$772,924
2019
$10,732 (+75.1%)
$153,001 + $611,998
$764,999
2018
$6,131 (+1.2%)
$150,001 + $599,999
$750,000
2017
$6,058 (+3.0%)
$79,574 + $286,477
$366,051
2016
$5,881 (+5.2%)
$79,574 + $286,477
$366,051
2015
$5,592 (+3.3%)
$78,014 + $280,860
$358,874
2014
$5,413 (+13.9%)
$75,340 + $271,225
$346,565
2013
$4,752 (+7.4%)
$75,340 + $271,225
$346,565
2012
$4,426 (+8.3%)
$71,135 + $227,152
$298,287
2011
$4,088 (−1.4%)
$69,741 + $222,699
$292,440
2010
$4,145
$68,374 + $218,333
$286,707
2009
$4,142 (+6.5%)
$67,864 + $216,702
$284,566
2008
$3,889
$68,026 + $217,218
$285,244
*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
8
Baths
6
Stories
1
Lot width
—
Lot depth
—
Lot size
9,100
Year renovated
2020
Sq. Ft.
—
Year built
1952
Style
Multi-Family (2-4 Unit)
County
Riverside County
APN
508191005
Parking Spaces
9
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
Views, Waterfront, Pool
Last updated by owner on Dec 3, 2023.
R3
Multiple-Family Residential And Hotel Zone
The R-3 Zone is intended to provide for the development of high density apartments, hotels and similar permanent and resort housing and certain limited commercial uses directly related to the housing facilities.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Hotel / motel
Property details
Interior
Heating & Cooling
Cooling: Swamp Cooler(s)
Exterior
Exterior Features
Construction: Stucco
Building Information
# of Buildings: 1
Total Stories: 1
Pool Information
Pool Type: Below Ground
Property Information
Res Income 2-4 Units
Location
Multi-Unit Information
# of Units: 4
# of Units With Patios: 4
# of Units With Range/Oven: 3
# of Units With Refrigerator: 3
Annual Expense (Actual): $14,256
Net Operating Income (Actual): $2,244
Unit 1 Information
Unit Number: 1
# of Bedrooms: 3
# of Baths (Total): 2
Parking Garage Space: 0
Unit 2 Information
Unit Number: 2
# of Bedrooms: 1
# of Baths (Total): 1
Parking Garage Space: 0
Unit 3 Information
Unit Number: 3
# of Bedrooms: 2
# of Baths (Total): 1
Parking Garage Space: 0
Rent (Actual): $875
Unit 4 Information
Unit Number: 4
# of Bedrooms: 1
# of Baths (Total): 1
Parking Garage Space: 0
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: —
Stories: 1.0
Parking Spaces: 9
Basement: No
Accessible: No
Lot Size: 9,100 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1952
Year Renovated: 2020
County: Riverside County
APN: 508191005
HOA Dues: —
Garage: No
Features: Views, Waterfront, Pool
Home facts updated by owner on Dec 3, 2023
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
19% chance of being in a wildfire in next 30 years
9/10 Heat Factor
9 days above 110° expected this year, 26 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 • 92264
Average low and high temperatures (°F)
69
48
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60
91
66
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104
79
104
79
97
75
90
66
75
54
73
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.74M – $2.10M
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