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    Palm Springs, CA Apartment Buildings for Sale

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    Whitewater, CA Desert Hot Springs, CA Cathedral City, CA
    16 results
    Palm Springs Multifamily Investment Opportunity
    $1,400,000
    4,150 SF
    Palm Springs Multifamily Investment Opportunity

    587 S Calle Ajo, Palm Springs, CA 92264

    Six-unit apartment complex in Palm Springs' Warm Sands neighborhood.
    • Prime Palm Springs location in the desirable Warm Sands neighborhood, minutes from downtown.
    • Turn‑key investment opportunity with six well‑maintained units.
    • Fully occupied with long‑term tenants, indicating strong demand.
    • Each unit features private patios and in‑unit laundry.
    • Mix of unit types: four one‑bedroom and two two‑bedroom units.
    Updated: Feb 4
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    Palm Springs Multifamily Investment
    $1,688,000
    5,733 SF
    Palm Springs Multifamily Investment

    238 S Saturmino, Palm Springs, CA 92262

    Seven-unit apartment complex in desirable Palm Springs location.
    • 7‑unit apartment complex in Palm Springs
    • Located in a highly desirable area near downtown amenities
    • Strong rental corridor with high demand
    • Stable cash flow investment opportunity
    • Close proximity to shopping, dining, and major transportation routes
    Updated: Mar 2
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    Palm Springs Multifamily Investment Opportunity
    $925,000
    3,800 SF
    Palm Springs Multifamily Investment Opportunity

    Five-unit property in Demuth Park neighborhood with income potential.

    3737 E Calle De Carlos, Palm Springs, CA 92264

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    Palm Springs Multifamily Investment Opportunity
    $925,000
    3,800 SF
    Palm Springs Multifamily Investment Opportunity

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

    3737 Calle De Carlos, Palm Springs, CA 92264

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    Mixed-Use Investment in Downtown Palm Springs
    $3,995,000
    14,078 SF
    Mixed-Use Investment in Downtown Palm Springs

    Mixed-use property with retail and residential units in prime location.

    360 Palm Canyon Dr, Palm Springs, CA 92262

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    Deepwell Apartments Multifamily Investment Opportunity
    $5,995,000
    20,296 SF
    Deepwell Apartments Multifamily Investment Opportunity

    30+1 unit multifamily community in Palm Springs' Deepwell Estates.

    1680 Palm Canyon, Palm Springs, CA 92264

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    Renovated Palm Springs Multifamily Property
    $1,995,000
    Renovated Palm Springs Multifamily Property

    Fully renovated multifamily property in South Palm Springs with flexible uses.

    1425 ViA Soledad, Palm Springs, CA 92264

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    Deepwell Apartments Multifamily Investment Opportunity
    $5,995,000
    20,296 SF
    Deepwell Apartments Multifamily Investment Opportunity

    30+1 unit multifamily community in Palm Springs' Deepwell Estates.

    1680 East Palm Canyon Drive, Palm Springs, CA 92264

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    Palm Springs Mixed-Use Opportunity
    $1,550,000
    Palm Springs Mixed-Use Opportunity

    Mixed-use property with redevelopment potential in prime Palm Springs location.

    1059 N Palm Canyon Dr, Palm Springs, CA 92262

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    Palm Springs Multifamily Investment Opportunity
    $1,688,000
    5,733 SF
    Palm Springs Multifamily Investment Opportunity

    Seven-unit apartment complex in desirable Palm Springs location.

    238 S Saturmino, Palm Springs, CA 92262

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    Palm Springs 7-Unit Apartment Complex
    $1,688,000
    Palm Springs 7-Unit Apartment Complex

    7-unit apartment complex in desirable Palm Springs location.

    238 S Saturmino, Palm Springs, CA 92262

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    Palm Springs Multifamily Investment Opportunity
    $1,300,000
    5,231 SF
    Palm Springs Multifamily Investment Opportunity

    7-unit apartment building in desirable Sunrise Park, Palm Springs.

    1900 E Baristo Road, Palm Springs, CA 92262

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    Palm Springs Mid-Century Compound
    $1,995,000
    3,764 SF
    Palm Springs Mid-Century Compound

    Unique 5-unit apartment complex in Warm Sands.

    Camino Parocela, Palm Springs, CA 92264

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    Palm Springs Multifamily Investment Opportunity
    $3,125,000
    19,602 SF
    Palm Springs Multifamily Investment Opportunity

    20-unit apartment complex in Palm Springs' Uptown neighborhood.

    N Indian Canyon Dr, Palm Springs, CA 92262

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    Palm Springs Apartment Community
    $7,999,888
    37,700 SF
    Palm Springs Apartment Community

    51-unit apartment community near Downtown Palm Springs.

    Twin Palms Drive, Palm Springs, CA 92264

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    Palm Springs Apartment Community
    $7,999,888
    2.34 Acres
    Palm Springs Apartment Community

    51-unit apartment community near Downtown Palm Springs.

    495 E Twin Palms Drive, Palm Springs, CA 92264

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Palm Springs, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 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.

    New Multifamily Units in Cathedral City
    $10,950,000
    19,868 SF
    New Multifamily Units in Cathedral City

    19 multifamily units under construction, prime location, Q1 2026 completion.

    68550 Grove Street, Cathedral City, CA 92234

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    Unique Multifamily Community with Upside
    $9,499,000
    Unique Multifamily Community with Upside

    26-unit multifamily community with strong rental appeal and upside.

    72805 Parkview Dr, Palm Desert, CA 92260

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    Seven-Unit Multifamily Investment Opportunity
    $1,250,000
    4,200 SF
    Seven-Unit Multifamily Investment Opportunity

    Seven units in Cathedral City near Palm Springs.

    27700 Avenida Terrazo, Cathedral City, CA 92234

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    Palm Desert Garden Apartments
    $3,995,000
    1.04 Acres
    Palm Desert Garden Apartments

    25-unit multifamily property in Palm Desert, California.

    73600 San Gorgonio Way, Palm Desert, CA 92260

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    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
    $155,000
    14,375.00 Acres
    San Jacinto Land with Utilities

    Unique lot with utilities available for multiple residential uses.

    0 Rosario, San Jacinto, CA 92583

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    El Monte Development Opportunity
    $515,000
    7,422.00 Acres
    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732

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    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres
    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065

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    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres
    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012

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    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)
    1,514 SF Lot: 0.34 Acres
    Value Estimation by Request

    525 Thornhill Rd, Palm Springs, CA 92264-7880

    View details
    520 Desert Vw Dr
    APARTMENT HOUSE (5+ UNITS)
    3,350 SF Lot: 0.23 Acres
    Estimated value
    $1,125,000

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

    View details
    509 Highland Dr
    APARTMENT HOUSE (5+ UNITS)
    14,824 SF Lot: 0.70 Acres
    Estimated value
    $3,245,000

    509 Highland Dr, Palm Springs, CA 92264-1070

    View details
    3941 Calle De Ricardo
    APARTMENT HOUSE (5+ UNITS)
    3,810 SF Lot: 0.23 Acres
    Estimated value
    $730,000

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

    View details
    280 Mel Ave
    APARTMENT HOUSE (5+ UNITS)
    2,032 SF Lot: 0.48 Acres
    Estimated value
    $1,655,000

    280 Mel Ave, Palm Springs, CA 92262-4817

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    579 Highland Dr
    APARTMENT HOUSE (5+ UNITS)
    4,255 SF Lot: 0.47 Acres
    Value Estimation by Request

    579 Highland Dr, Palm Springs, CA 92264-1054

    View details
    725 San Lorenzo Rd
    APARTMENT HOUSE (5+ UNITS)
    4,738 SF Lot: 0.26 Acres
    Estimated value
    $680,000

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

    View details
    817 Riverside Pl
    APARTMENT HOUSE (5+ UNITS)
    6,720 SF Lot: 0.57 Acres
    Estimated value
    $1,465,000

    817 Riverside Pl, Palm Springs, CA 92264-8158

    View details

    Palm Springs, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Palm Springs, CA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 144,183 square feet of properties for sale, with an estimated market value of $37,030,888.

    Sale prices for two-family homes in Palm Springs, CA start at $925,000, averaging $3,085,907, and reaching up to $7,999,888 — 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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    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    92262 $2.1M
    92264 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.39%
    Property Tax per SF $15.19 per sq ft
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

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