Multi Family homes for sale & real estate in 92240, CA

Multi Family Home for sale in 92240, CA:

Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Four-unit Apartment Building offered for sale, providing stable income and future value-add opportunity! Building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, their own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,372 SF on a 7,841 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new own

Multi Family Home for sale in 92240, CA:

BUYER INCENTIVES AVAILABLE! Seller is willing to help with closing costs, interest-rate buydowns, and other allowable home-buying costs. Experience the peaceful charm of rural living in Morongo Valley, CA, where a relaxed lifestyle meets the beauty of the high desert. Known for its scenic hiking trails and exceptional bird watching, the community is conveniently located just 25 miles north of Palm Springs, 15 miles west of Yucca Valley, and a short drive from Morongo Casino Resort & Spa. This duplex consists of 1,788 total square feet of living space, featuring a 660-square-foot front unit with 2 bedrooms and 1 bathroom, and a spacious 1,128-square-foot rear unit with 2 bedrooms, 2 ba

Multi Family Home for sale in 92240, CA:

Charming Triplex in Palm Springs located in Movie Colony East. Discover a unique investment opportunity in the heart of Palm Springs! Ideally located in the desirable Movie Colony East neighborhood, this charming 1936 Spanish-influenced triplex offers mountain views, character-rich architecture, and flexible ownership options. Live in one unit while generating rental income from the other two, or rent all three units for an income-producing investment property. Conveniently situated near shopping, restaurants, Ruth Hardy Park, and Palm Canyon Drive. The property features three separate units, each with its own street address. Original architectural details include beamed ceilings and firepl

Multi Family Home for sale in 92240, CA:

Rare opportunity to own a well-positioned five-unit multifamily property in Palm Springs’ desirable Racquet Club West neighborhood. Situated on an approximately 10,019-square-foot lot, this unique property offers five separate units, including four one-bedroom/one-bath units and one two-bedroom/one-bath unit, providing flexibility for investors, extended living, or a combination of both. Each residence features its own private walled patio, full kitchen, dedicated living space, and a blend of classic Palm Springs character and functional design, including vaulted beamed ceilings, concrete and tile flooring, built-ins, and ample storage. Residents can enjoy a shared in-ground heated po

Multi Family Home for sale in 92240, CA:

Excellent investment opportunity on highly visible North Palm Canyon Drive in Palm Springs. This 8-unit mixed-use property consists of 7 residential units plus 1 commercial storefront, offering a strong combination of current income and additional upside. Several of the units have undergone substantial remodeling along with a renovated commercial storefront. The property features excellent street frontage, private patios for the residential units, six ground-floor residences, and one upstairs unit. The current rent roll demonstrates the property's ability to command strong rents and still has upside potential. Located along one of Palm Springs' primary commercial corridors, this property pr

Multi Family Home for sale in 92240, CA:

If you are looking for an income producing investment, put this 4-plex at the top of your list. Consisting of one 4-bed, 2 bath unit with private pool plus three 2+2s, this secure compound in Chino Canyon is in a great location with terrific views and long term tenants. Unit one has the private pool and would be perfect as an owners unit. It is currently vacant and available to be shown Tenant vacated on 9/1/26 Monthly rent totals $8615. The property has been well maintained and upgraded over time but unit 1 had a fairly comprehensive remodel in 2025. Property has 6 dedicated parking spots, onsite laundry room (controlled by an app). Each unit is separately metered. All offers should be