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    525 S Thornhill Rd Palm Springs, CA 92264

    New
    For Sale
    $1,525,000

    MULTI_FAMILY - Spanish - Palm Springs, CA

    Property size:
    3,890 SF
    Lot size:
    0.34 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 525 S Thornhill Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-2
    Rooms
    Bathroom 1, Bedroom 1
    Bedrooms
    1
    Bathrooms
    1
    APN
    508220002
    Parking
    15
    Parking features
    Carport, Assigned, Covered
    Pool private
    1
    Appliances
    Dishwasher, Electric Oven, Microwave Oven, Refrigerator
    Size
    3,890 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1978
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Mixed
    Architectural style
    Spanish

    HomeSmart Professionals (760) 844-7500 [email protected]

    Listing agent Richard H MacMillan (760) 574-2299

    Listing date Dec 4, 2025

    MLS# 219138230 Listing URL

    Copyright © 2025 California Desert Association of REALTORS®, 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

    Palm Springs Multifamily Investment Opportunity

    Located in Palm Springs, this multifamily property features five residences, presenting a blend of stable income and long-term growth potential. The property is currently 80% occupied; the owner's unit, when rented, is projected to generate $2000 per month. At full occupancy, the property is projected to achieve a stabilized income of approximately $110,400. Each residence has approximately 800 square feet of living space, featuring a 1-bedroom, 1-bath layout, along with private courtyards and one assigned parking spot. The property, zoned R-2, sits on a 0.34-acre lot. There is also a section of the lot that can be utilized for added parking or another potential unit. The property has a total of 6 electric and 6 gas meters. Each residence is individually metered for gas and electric.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.533406
    Latitude
    33.815325

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    FAQs

    What type of property is this?
    Apartment building - Five-residence multifamily property with income potential in Palm Springs.
    Where is this apartment building located?
    The property is located at 525 S Thornhill Rd Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: - Five-residence multifamily property in Palm Springs.; - Projected stabilized income of approximately $110,400 at full occupancy.; - Each unit is individually metered for gas and electric.
    (760) 574-2299
    Request Owner's contact information
    525 S Thornhill Rd 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
    525 S Thornhill Rd Palm Springs, CA 92264
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