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Palm Springs, CA

Apartment Building

Palm Springs, CA Apartment Buildings for Sale

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Whitewater, CA Desert Hot Springs, CA Cathedral City, CA Indio, CA Sky Valley, CA Thousand Palms, CA Rancho Mirage, CA Idyllwild, CA

12 properties

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Renovated Five-Unit Apartment Building

Updated: Jul 15

Renovated Five-Unit Apartment Building

521 Desert Way, Palm Springs, CA 92264

$1,357,900

3,900 sqft 0.23 AC lot

Five‑unit apartment property with 3,900 square feet of building area
Renovated 1963 property on a 0.23‑acre lot
Three long‑term residents currently in place
R2 zoning with additional use possibilities subject to Palm Springs City approval
Private pool and spa included

7-Unit Apartment Building

Updated: Mar 2

7-Unit Apartment Building

238 S Saturmino, Palm Springs, CA 92262

$1,688,000

7‑unit apartment property
Built in 1963
Wall/window unit cooling
238 S Saturmino, Palm Springs, CA 92262

11-Unit Apartment Building

11-Unit Apartment Building

2080 S Camino Real, Palm Springs, CA 92264

$2,495,000

8,100 sqft 0.50 AC lot

Fully leased, single-story property with gated parking, a pool, and shared laundry amenities.

See hot listings in Palm Springs

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Palm Springs Multifamily Investment Opportunity

Palm Springs Multifamily Investment Opportunity

3737 E Calle De Carlos, Palm Springs, CA 92264

$799,000

3,800 sqft 0.23 AC lot

Five-unit income property in Palm Springs' Demuth Park submarket.

Palm Springs 7-Unit Apartment Complex

Palm Springs 7-Unit Apartment Complex

238 S Saturmino, Palm Springs, CA 92262

$1,688,000

5,733 sqft

7-unit apartment complex in desirable Palm Springs location.

Single-Story 10-Unit Apartment Building

Single-Story 10-Unit Apartment Building

2200 E Sahara Rd, Palm Springs, CA 92262

$1,695,000

0.57 AC lot

A fully occupied 10-unit, single-story apartment property with studio and one-bedroom layouts plus an on-site laundry facility.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

8-Unit Mixed-Use Property

8-Unit Mixed-Use Property

2231 N Palm Canyon Dr, Palm Springs, CA 92262

$1,250,000

Remodeled residences and a commercial storefront occupy a visible Palm Springs commercial corridor.

Renovated 5-Unit Multifamily Property

Renovated 5-Unit Multifamily Property

521 Desert Way, Palm Springs, CA 92264

$1,357,900

Renovated 5-unit apartment building offered with three long-term residents and R2 zoning flexibility subject to city approval.

24-Unit Apartment Community with Pools

24-Unit Apartment Community with Pools

1433 1455 N Indian Canyon Drive, Palm Springs, CA 92262

$3,500,000

Sunset Palms Apartments offers studios, one- and two-bedroom units with upgraded interiors, plus two gated pool courtyards and open parking.

Renovated Apartment Community

Renovated Apartment Community

Palm Springs, CA 92264

$5,855,000

Remodeled units, gated grounds, pool, mountain views, and upgraded air-conditioning systems define this Palm Springs multifamily property.

Apartment Community with Pools

Apartment Community with Pools

1433-1455 N Indian Canyon Dr, Palm Springs, CA 92262

$3,500,000

Upgraded unit interiors, gated courtyards, ductless HVAC, and open parking support resident convenience.

Palm Springs Apartment Community

Palm Springs Apartment Community

495 Twin Palms Drive, Palm Springs, CA 92264

$7,500,000

51-unit apartment community near Downtown Palm Springs.

Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 12 Active listings in Palm Springs, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with Private Lap Pool

Apartment Building with Private Lap Pool

74431 De Anza Way, Palm Desert, CA 92260

$1,485,000

0.41 AC lot

Five-unit income property on a 0.41-acre lot with no HOA and three units currently leased.

Commercial

Commercial

27700 Avenida Terrazo, Cathedral City, CA 92234

$1,200,000

4,200 sqft 19.73 AC lot

Apartment buildings · 4,200 SF

Palm Desert Condo Near El Paseo

Palm Desert Condo Near El Paseo

72682 Thrush Road, Palm Desert, CA 92260

$230,000

810 sqft

Charming 2-bedroom condo near El Paseo's shopping and dining.

Renovated 12-Unit Apartment Building

Renovated 12-Unit Apartment Building

Cathedral City, CA 92234

$1,540,000

Single-story apartment community with a gated courtyard pool, renovated interiors, central HVAC, and on-site laundry.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

San Jacinto Land with Utilities

San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000

0.33 AC lot

Unique lot with utilities available for multiple residential uses.

Off-Market Properties in Palm Springs, CA

Consider similar Off-Market properties in Palm Springs, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

525 Thornhill Rd

APARTMENT HOUSE (5+ UNITS)

525 Thornhill Rd, Palm Springs, CA 92264-7880

Estimated value: by Request

1,514 sqft 0.34 AC lot

520 Desert Vw Dr

APARTMENT HOUSE (5+ UNITS)

520 Desert Vw Dr, Palm Springs, CA 92264-1040

Estimated value:

$825,000

3,350 sqft 0.23 AC lot

509 Highland Dr

APARTMENT HOUSE (5+ UNITS)

509 Highland Dr, Palm Springs, CA 92264-1070

Estimated value:

$3,245,000

14,824 sqft 0.70 AC lot

3941 Calle De Ricardo

APARTMENT HOUSE (5+ UNITS)

3941 Calle De Ricardo, Palm Springs, CA 92264-1239

Estimated value:

$745,000

3,810 sqft 0.23 AC lot

280 Mel Ave

APARTMENT HOUSE (5+ UNITS)

280 Mel Ave, Palm Springs, CA 92262-4817

Estimated value:

$2,370,000

2,032 sqft 0.48 AC lot

579 Highland Dr

APARTMENT HOUSE (5+ UNITS)

579 Highland Dr, Palm Springs, CA 92264-1054

Estimated value:

$140,000

4,255 sqft 0.47 AC lot

725 San Lorenzo Rd

APARTMENT HOUSE (5+ UNITS)

725 San Lorenzo Rd, Palm Springs, CA 92264-8124

Estimated value:

$255,000

4,738 sqft 0.26 AC lot

817 Riverside Pl

APARTMENT HOUSE (5+ UNITS)

817 Riverside Pl, Palm Springs, CA 92264-8158

Estimated value:

$330,000

6,720 sqft 0.57 AC lot

508 Desert Vw Dr

APARTMENT HOUSE (5+ UNITS)

508 Desert Vw Dr, Palm Springs, CA 92264-1037

Estimated value:

$675,000

2,372 sqft 0.23 AC lot

584 Calle Palo Fierro

APARTMENT HOUSE (5+ UNITS)

584 Calle Palo Fierro, Palm Springs, CA 92264-7483

Estimated value:

$620,000

1,296 sqft 0.15 AC lot

482 Pico Rd

APARTMENT HOUSE (5+ UNITS)

482 Pico Rd, Palm Springs, CA 92262-1918

Estimated value:

$860,000

3,475 sqft 0.23 AC lot

1945 Calle Lileta

APARTMENT HOUSE (5+ UNITS)

1945 Calle Lileta, Palm Springs, CA 92262-7100

Estimated value:

$1,370,000

4,360 sqft 0.30 AC lot

Palm Springs, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Palm Springs, CA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 21,533 square feet of properties for sale, with an estimated market value of $32,685,800.

Sale prices for apartment complexes in Palm Springs, CA start at $799,000, averaging $2,723,816, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 46K

Population Growth (5Y) -3.4%

Median Household Income $72,583

College Educated 32.1%

High-Yield Neighborhoods for Investment

Identify Palm Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
92262	$2.2M
92264	$3.2M

Taxes & Financing

Tax Rate (average for all types) 1.39%

Property Tax per SF $15.19 per SF

Tax Rate vs County Average 0.20 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Palm Springs fall within the 10,000 to 25,000 square foot range.

How Realmo verifies these figures

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