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587 S Calle Ajo
Palm Springs CA 92264 US

$1,500,000

Active Listing ID 25569125PS
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8 bed
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Lot: 0.24 Acres
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Other

$1,500,000

Active Listing ID 25569125PS
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587 S Calle Ajo 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. With a Cap Rate of 5.89%, this is a solid addition to any investment portfolio.

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Tile
  • Roof Type: Asphalt
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 587 S Calle Ajo
  • postalcity: Palm Springs
  • stateorprovince: CA
  • country: US
  • postalcode: 92264
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.24
  • lotsizeunits: Acres
  • lotsizearea: 0.24
  • livingarea: 4150
  • livingareaunits: Square Feet
  • listagentfullname: Brady Sandahl
  • listagentemail: brady@bradysandahl.com
  • listagentkey: 3yd-CLAWCA-44069
  • listagentmlsid: 44069
  • listagentpreferredphone: 7603222286
  • listagentofficephone: 7603222286
  • listofficekey: 3yd-CLAWCA-4760
  • listofficemlsid: 4760
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1954
  • listingcontractdate: 2025-07-24
  • listagenturl: http://www.kw.com
  • countyorparish: Riverside
  • parcelnumber: 508-121-008
  • cooling: Central Air
  • constructionmaterials: Stucco
  • flooring: Carpet, Tile
  • heating: Central
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 6
  • parkingfeatures: Side by Side
  • roof: Asphalt
  • view: Mountain
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: New Traditional
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brady@bradysandahl.com", "ListBrokerageCity":"Rancho Mirage", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw444@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/d4ee52b16c9d11e293cb12313813fbfc/20130823232305918.png", "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"(760) 969-1002", "ListBrokeragePostalCode":"92270", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"70005 Mirage Cove Drive", "ListBrokerageWebsiteUrl":"http://www.kw.com", "ListOfficeAddress1":"435 N Palm Canyon Drive", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"49565", "ListOfficeCity":"Palm Springs", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw444@kw.com", "ListOfficePostalCode":"92270", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Traditional - Palm Springs, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/587-S-Calle-Ajo_Palm-Springs_CA_92264_M15954-32973?f=listhub&s=CLAWCA&m=25569125PS&c=rexren", "MLSModificationTimestamp":"2025-07-31T10:37:05Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/31/2025 8:32:08 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Brady Sandahl, Keller Williams Luxury Homes, brady@bradysandahl.com

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.