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521 Desert Way
Palm Springs CA 92264 US

$1,357,900

Active Listing ID 219150331
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8 bed
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5.00 Bath (3 Full)
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Lot: 0.23 Acres
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Other

$1,357,900

Active Listing ID 219150331
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521 Desert Way Rare Palm Springs Demuth Park 5-Unit investment and owner -user opportunity . Beautifully renovated property offering immediate rental income, resort style living and exceptional zoning flexibility. This Desert Urban Retreat presents a unique opportunity. . Set on one of the areas most sought after streets, this 5 unit apartment building blends immediate potential income with comfort and sophistication with owner occupied living if you choose. . Located within walking distance to the new College of the Desert and the newly renovated Demuth Park which features a $7.5 million dollar investment that includes 22 new pickleball courts, large and small dog parks and entrance to the new valley wide CV Link. Nearby Prescott Reserve also adds value to the area., Currently you have 3 long term residents that offer dependable cash flow. R2 zoning adds valuable flexibility beyond traditional long term tenants Potential uses may include senior living, recovery retreats, assisted living, multi -generational housing, sober living ..all subjected to Palm Springs City approval. This is a turn key property with seller inventory list . All items outlined here are subjected to buyer verification .

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • 3/4 Bathrooms: 2
  • Cooling System: Central Air
  • Floor Covering: Tile - Ceramic
  • Heating Fuels: Forced Air
  • Additional Features
  • Pool

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1357900
  • unparsedaddress: 521 Desert Way
  • postalcity: Palm Springs
  • stateorprovince: CA
  • country: US
  • postalcode: 92264
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 2
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 3900
  • livingareaunits: Square Feet
  • latitude: 33.815342
  • longitude: -116.508259
  • listagentfullname: Faith P Messenger
  • listagentemail: faithmessenger@yahoo.com
  • listagentkey: 3yd-CDARCA-D25258
  • listagentmlsid: D25258
  • listagentpreferredphone: 7603335956
  • listofficekey: 3yd-CDARCA-oD22725
  • listofficemlsid: oD22725
  • disclaimer: Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CDARCA
  • yearbuilt: 1963
  • listingcontractdate: 2026-07-15
  • listagenturl: http://www.HSprofessionals.com
  • countyorparish: Riverside
  • parcelnumber: 680033011
  • cooling: Central Air
  • flooring: Tile - Ceramic
  • heating: Forced Air
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 8
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 8, Bedroom 3, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 7, Bathroom 5, Bedroom 2
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: True
  • spayn: True
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -116.50826, 33.815342
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart Professionals", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"faithmessenger@yahoo.com", "ListBrokerageCity":"Palm Springs", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rich@richlarue.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CDARCA/c5ababf0233298e80123332cc7120034/20120501030829337.png", "ListBrokerageName":"HomeSmart Professionals", "ListBrokeragePhone":"(760) 844-7500", "ListBrokeragePostalCode":"92262", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"431 S. Palm Canyon Drive", "ListBrokerageWebsiteUrl":"http://www.HSprofessionals.com", "ListOfficeAddress1":"73301 Fred Waring Dr., Ste 101 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"oD22725", "ListOfficeCity":"Palm Desert", "ListOfficeCountry":"US", "ListOfficeEmail":"mike@mikejeppson.com", "ListOfficePostalCode":"92260", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Palm Springs, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/521-Desert-Way-Apt-3_Palm-Springs_CA_92264_M22798-45361?f=listhub&s=CDARCA&m=219150331&c=rexren", "MLSModificationTimestamp":"2026-07-16 17:19:29", "Neighborhoods":[{"Description":null, "Name":"Demuth Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/24/2026 6:10:33 PM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: Faith P Messenger, HomeSmart, faithmessenger@yahoo.com

Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.