Entity Owned Property summary
This exceptional investment opportunity presents a portfolio of three meticulously maintained apartment buildings totaling 32 units, situated on a single city block in desirable Palm Springs, CA. The portfolio comprises three separate properties located at 579, 561, and 509 South Highland Drive, all within the 92264 zip code. The properties boast a combined interior space exceeding 28,824 square feet and offer ample resident parking. Each building features a solar-heated pool and on-site… laundry facilities. The 10-unit building at 579 S Highland Dr. showcases Spanish-style architecture and approximately 9,000 square feet of interior space. Units feature updated kitchens, central air conditioning, private patios, and paver tile floors. The 5-unit building at 561 S Highland Dr. offers expansive units (just under 5,000 square feet of interior space), all with one bedroom and 1.5 bathrooms, and shares the amenities of the other buildings. Finally, the 17-unit building at 509 S Highland Dr. offers over 14,824 square feet of interior space and mirrors the features of the 579 S Highland Dr. building. This portfolio offers a compelling 4.75% cap rate and a price per unit of $218,593.75, making it an attractive investment opportunity in a thriving market. The properties are classified as Class B and have historically demonstrated minimal vacancy. This is a rare chance to acquire a substantial, well-maintained multifamily portfolio in a prime Palm Springs location. The asking price for this entire portfolio is $6,995,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,255 SF
- Lot area
- 0.47 ac
- Year built
- 1955
- Stories
- 1
- APN
- 680-032-007
- Zoning
- R2
- Assessed value · 2024
- $980,718
- Annual tax · 2024
- $14,646
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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