587 South Calle Ajo Palm Springs, CA ^$ 1,400,000

587 South Calle Ajo

^$ 1,400,000

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587 South Calle Ajo

Palm Springs, CA, 92264

^$ 1,400,000

Studio Baths0.0 Sq 4,150

Monthly Estimate*

^$ 8,620

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Studio

Multi-Family Home for sale in Palm Springs, CA

for $1,400,000. This 4,150 square foot home was built in 1954 on a lot size of 0.24.

Charming 6-Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well-maintained six-unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one-bedroom units and two two-bedroom units, each featuring private patios and in-unit laundry amenities that significantly enhance tenant appeal. Upgrades include dual-pane windows, modern bathrooms, quality flooring, and fir interior doors, making this a turn-key investment. The property is fully occupied with long-term tenants, reflecting the strong demand in this sought-after south-end location.

Multi-Family Active

Price

^$ 1,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.24

Year Built

1954

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

PS26647315

Features

General

Living Area 4150.0

Sewer Sewer Paid

Heating Central

Cooling Central Air

Zoning R2

Architectural Style Traditional

Security Features Gated Community

Construction Materials Stucco

Year Built 1954

Tenant Pays Electricity Cable TV Gas

View Mountain(s)

Levels One

County Riverside

Net Operating Income 77124.0

New Construction No

Property Type C

Association Amenities Pool

HOA No

Subdivision Name Warm Sands

Facing Direction East

Status Active

City Palm Springs

Senior Community Y/N No

MLS Area 334 - Palm Springs South End

Lot Size Units Square Feet

Lot Size Square Feet 10454.0

Spa Features Gunite

Land Lease Y/N No

Structure Type None

Standard Status Active

Interior

Flooring Tile Carpet

Kitchen Appliances Dishwasher Refrigerator

Heater Fuel Type Natural Gas

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Laundry Features Washer Included Dryer Included

Total Baths 0

Exterior

Parking Features Uncovered Side by Side

Inclusions All attached appliances including washer and dryer

Lot Size Area 10454.0

Foundation Details Slab

Spa No

Pool Y/N? Yes

Building Area Total 4150.0

Lot Size Acres 0.24

Land Lease Type Fee

* Excluded Features

List By

Brady Sandahl

Listing Agent

Keller Williams Luxury Homes

Broker

Affordability Calculator

$8,620

Per Month

Monthly Principal & Interest: $8,620
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Palm Springs, CA

Average List Price ^$1,635,267

Percent of Sale Price 17%

About Palm Springs, CA

46,525 Population

9% Since 2002

^$49,313 Median Income

54.63 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/4/2026	$1,400,000		Listed Price

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587 South Calle Ajo, Palm Springs, CA, 92264 is a Multi-Family Home for sale at $1,400,000 with 4,150 sqft and a lot size of 0.24. 587 South Calle Ajo is a studio with 0.0 baths and was built in 1954. The property's zip code is 92264 which is in Palm Springs, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/5/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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587 South Calle Ajo

Multi-Family Home for sale in Palm Springs, CA

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