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    520 S Desert View Dr Palm Springs, CA 92264

    For Sale
    $1,350,000

    Apartment - Palm Springs, CA

    Type:Apartment
    Property size:
    10,019 SF
    Lot size:
    10,019.00 Acres
    Days on Market:
    275
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 520 S Desert View Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    680032002
    Parking features
    Assigned
    Exterior features
    Community Features Included: Curbs, Street Lights, Urban, 2-5 Units/Acre
    Size
    10,019 SF
    Lot size
    10,019.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    5
    Architectural style
    Other

    Paez Realty Company (909) 476-3552 [email protected]

    Listing agent William Melton (909) 476-3552 License #01342816

    Listing date Mar 6, 2025

    MLS# CV25050079 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Palm Springs Apartment Building

    The Dots Apartments is a completely renovated apartment building in excellent condition, presenting a turnkey, low-maintenance asset with immediate cash flow. The property features a desirable unit mix of two-bedroom, one-bathroom units, each with private patios or backyards. Tenants benefit from open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit is equipped with a stacked washer and dryer. The units are separately metered for electricity and gas. There is over 10% upside in rents through annual rent increases. The property has a modern atmosphere and consists of a single-story building constructed with a wood frame, stucco exteriors, and a concrete slab foundation, situated on 0.23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. The location provides easy access to Palm Springs' dining, entertainment, and cultural hotspots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.5094861
    Latitude
    33.8153632

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    FAQs

    What type of property is this?
    Apartment building - Turnkey apartment building with immediate cash flow and upside potential.
    Where is this apartment building located?
    The property is located at 520 S Desert View Dr Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Completely renovated, turnkey property offering immediate cash flow and low maintenance.; - Highly desirable unit mix: all two-bedroom, one-bathroom units with private patios/backyards.; - In-unit stacked washer and dryer included.
    (909) 476-3552
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    520 S Desert View Dr Palm Springs, CA 92264
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    Palm Springs, CA 92264
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 S Desert View Dr Palm Springs, CA 92264
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