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520 S Desert View Drive Palm Springs, CA $ 1,350,000
520 S Desert View Drive
$ 1,350,000
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520 S Desert View Drive

Palm Springs, CA, 92264
$ 1,350,000
Baths1.0 Sq 10,019

Monthly Estimate*

$ 8,422

Listed by PAEZ REALTY COMPANY
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Studio

Multi-Family Home for sale in Palm Springs, CA

for $1,350,000 with 1 full bath. This 10,019 square foot home was built in 1963 on a lot size of 0.23.

Seller Financing Available! The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.23

Year Built

1963

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

CV25050079

Days on Market

278

Features
General
Sewer Unknown
Heating Central
Cooling Central Air
Appliances Dryer Washer
Zoning R2
Garage Spaces 0
Pool Features Community
Year Built 1963
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 109860
Community Features Curbs Street Lights Urban Pool
County Riverside
Net Operating Income 70837
Operating Expense 36227
Insurance Expense 3800
New Construction 0
Property Type Residential Income
Subdivision Name Demuth Park (33443)
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions On Ramon Road after passing El Cielo Road you turn right on Desert View Drive
City Palm Springs
Entry Location Desert View Drive
Senior Community Y/N 0
Number Of Units Total 5
MLS Area 334 - South End Palm Springs
Lot Size Units Square Feet
Lot Size Square Feet 10019
Listing Terms Conventional
Property Attached Y/N 1
Land Lease Y/N 0
Trash Expense 600
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 2
Property Sub Type Additional Apartment
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Interior
Fireplace Features Bath Kitchen Primary Bedroom Outside
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 1
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 2-5 Units/Acre
Total Parking 0
Lot Size Area 10019
Number of Buildings 2
Building Area Total 10019
Lot Size Acres 0.23
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Paez Realty Company

Broker

BIlly@vma.com

Email

Affordability Calculator

$8,422
Per Month
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Monthly Principal & Interest
$8,422
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,350,000 Listed Price

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520 S Desert View Drive, Palm Springs, CA, 92264 is a Multi-Family Home for sale at $1,350,000 with 10,019 sqft and a lot size of 0.23. 520 S Desert View Drive is a studio with 1.0 baths and was built in 1963. The property's zip code is 92264 which is in Palm Springs, CA