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  • 521 Desert Way

521 Desert Way, Palm Springs, CA 92264

$1,357,900 Approx. USD 0 beds, 0 baths
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com
Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Faith Messenger | faithmessenger@yahoo.com
Lic#: 01094022
Broker: Courtesy of HomeSmart
Phone: (760) 333-5956

Agent Remarks

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 . Buyer to participate in a seller 1031 Exchange at no cost to the buyer.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 219150331DA
Price: $1,357,900
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1963
0.23 acres
Lot size: 0.2300
Subdivision: Demuth Park
County: Riverside
Parking description: Other
Lot description: Landscaped
Heating/cooling: Central Air
Heating description: Forced Air
MLS area: 334 - South End Palm Springs

Last Updated: 9/16/2026

 Days On Market (DOM): 80

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This listing belongs to the 334 - South End Palm Springs MLS area

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Lat/Long: 33.815342, -116.508259.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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