Solid income potential, 10 units close to downtown Palm Springs. Off street parking with the possibility for 2 additional spaces. Exceptional investment opportunity with an upside in rental income. Building consists of one (1) bedroom, eight (8) studios and one spacious three (3) bedroom, 2 bath former owners' unit. Several units renovated in 2018. 100% occupied, showings will require a 48 hour notice. Attached documents include the current rent roll and current/projected income and expenses. Please do not disturb tenants. Strong cash flow potential. For showings contact listing agents.
Multi-familyProperty Type
1952Year Built
0.39 acresLot Size
$287Price/Sq.Ft.
11 spacesParking
Listed by Scott Timberlake•DRE #01257645• Realty Trust
Listed by Sandra Quinn•DRE #01391280• Berkshire Hathaway HomeServices California Properties
Bought with Laurie Ridgeway•DRE #01394645• HomeSmart
*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
0.39 Acres
Year renovated
1966
Sq. Ft.
—
Year built
1966
Style
Multi-Family (5+ Unit)
County
Riverside County
APN
508181011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
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
Parking
Parking and Garage Information
Parking Spaces/Information: Total Uncovered/Assigned Spaces: 11.00
Parking Spaces/Information: Total Parking Spaces: 11.00
Parking Spaces/Information: Total Garage Spaces: 0.00
Parking Spaces/Information: Total Covered Spaces: 0.00
Parking Spaces/Information: Total Carport Spaces: 0.00
Parking: Side By Side, Unassigned
Interior
Bedroom Information
Bedroom Features: All Bedrooms Down, Main Floor Bedroom
Appliances: Dryer, Gas Range, Exhaust Fan, Washer, Refrigerator
Heating & Cooling
Heating Fuel: Natural Gas
Heating: Central, Forced Air
Cooling Type: Air Conditioning, Wall/Window Unit(s), Other, Ceiling Fan(s)
Multi-Unit General Information
Water Heater: Yes
Electricity, Water, Trash Collection, Pool Service, Gas, Gardener
No
Tenant Pays: Electricity
Multi-Unit Property Counts
Total Units: 10
# of Buildings: 1
Exterior
Building Information
Roofing: Foam, Flat
Foundation: Slab
Exterior Construction: Stucco, Siding, Stone
Levels: One, Ground
Building Style: Mid Century
Building # of Stories: 1
Year Built Source: Assessor
Exterior Features
Security Safety: Gated Community
Disability Access: No Interior Steps
Other Structural Features: Slab
Entry Floor Number: 1
Pool Information
Pool Location: Private
Pool Description: Fenced, In Ground
Pool Construction: In Ground, Tile
Pool Accessories: Safety Fence
Yes
Land Information
Land Type: Fee
Land Type: Fee Simple
Irrigation: Sprinkler System, Sprinkler Timer
Lot Information
Lot Location: Cul-De-Sac
Lot Description: Fenced, Utilities - Overhead, Private, Street Public, Street Paved, Level, Landscaped, Lawn
Lot Size Source: Assessor
Property Features
View Type: Pool
Property Orientation Faces: Front Door Faces East, Leisure Faces East, Leisure Faces West, Leisure Faces North, Front Door Faces West, Front Door Faces South
Property Condition: Fixer
Sq Ft Source: Other
View: Yes
No
Property Attached/Detached: Detached
Utilities
Utilities Information
Water: Water District Name: Desert Water Agency
TV Services: Cable TV
Water: Water District
Sewer: In, Connected and Paid
Counts: # Water Meters: 1
Counts: # Gas Meter: 6
Counts: # Electric Meters: 10
Location
School Information
School District: Palm Springs Unified
Location Information
Directions: Heading South on S Palm Canyon Drive, turn left on E Sunny Dunes Road. Immediate right onto N Riverside Drive. Turn left on Riverside place, complex will be on the right.
Cross Streets: N Riverside Drive & Riverside Place
Community Information
Community Features: Community Mailbox
Unit Total in Complex: 10
Gated Community: Yes
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 1.0
Lot Size: 0.39 acres
Style: Multi-Family (5+ Unit)
Year Built: 1966
Year Renovated: 1966
County: Riverside County
APN: 508181011
Home facts updated by county records on Aug 7, 2026
Other
Documents & Disclosures
Property As Is
Listing Information
Sale Type: Standard
Subject To Tenants Rights
Conventional, Cash to New Loan, Cash
Around this home
Schools
Cahuilla Elementary School
Public K-5 • Assigned • 0.2mi
3/10
Raymond Cree Middle School
Public 6-8 • Assigned • 2.3mi
5/10
Palm Springs High School
Public 9-12 • Assigned • 1.2mi
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
18% 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
76
55
82
60
83
60
91
66
101
74
103
77
104
79
97
75
90
66
75
54
73
50
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.