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$1,800,000
New Listing

579 S Highland Drive
Palm Springs, CA 92264

For Sale|Apartment|Active
0
Beds
0
Total Baths
8,963
SqFt
$201
/SqFt
1955
Built
Subdivision:
Demuth Park (33443)
County:
Riverside
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]
579 S Highland Drive579 S Highland Drive579 S Highland Drive579 S Highland Drive
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Monthly Payment (Est.)

$8,212
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579 South Highland Drive is a 10-unit multifamily investment property located in Palm Springs, CA. 579 South Highland is available in conjunction with 509 & 561 South Highland Drive, a 2-property, 21-unit multifamily portfolio. Situated on a spacious parcel measuring 0.47 acres, 579 South Highland Drive offers a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 1, studio unit and 2, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. The property features attractive amenities including secure keypad entry, private patios, a swimming pool, & ample surface parking. Additionally, the property features exclusively single-story construction, a highly desirable characteristic to prospective renters. Furthermore, 579 South Highland Drive has recently undergone significant capital improvements including new plumbing, electrical, plaster, and tile as well as updated building systems including roofing, solar panels, and more. 579 South Highland Drive is situated in an optimal Palm Springs location, just moments away from shops and restaurants at El Cielo Center and The Springs. The property is within a 0.85-mile radius of Demuth Park and Sunrise Park, two sprawling community centers granting residents convenient access to a plethora of outdoor activities. Additionally, the property benefits from its close proximity to Palm Springs International Airport, a major employment and economic driver for the area, with tourism being a significant part of the local economy. Furthermore, Ramon Road, situated just to the north of the property, provides easy access to Downtown Palm Springs, the heart of the city featuring a plethora of unique shops, restaurants, and entertainment options. 579 South Highland Drive’s desirable single-story construction and upgraded facilities are primary draws for potential renters. The overall demand for well-maintained and amenitized rental units will be a key driver in the continued growth and success at the property.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,963 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.47 Acres
Year Built 
1955
MLS® Number 
OC25155870
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing first seen on site
20 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.47
Number Of Stories 
1
Parking Spaces 
15
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8963
Stories 
One
Water Source 
Public
Zoning 
R2
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
Community
Community Features
Building Access 
First level
Community Features 
CurbsSidewalksPool
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
334 - South End Palm Springs


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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