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    Palm Springs, CA Residential Income Properties for Sale

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    Income-Producing Property in Palm Springs
    Updated: Mar 5
    Income-Producing Property in Palm Springs

    147 Sage Drive, Palm Springs, CA 92264

    $259,000
    1,440 sqft 0.08 AC lot
    Remodeled manufactured home with 2 bedrooms and 2 bathrooms on owned land
    Private pool and spa on the property
    Central heating and central air; vinyl flooring
    Carport parking; tenant‑paid utilities with home currently leased at $2,050/month
    HOA around $330/month (paid by landlord) in El Dorado Palm Estates, a 55+ community
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    This listing looks promising.

    Here's a quick look at some key insights for

    147 Sage Drive, Palm Springs, CA 92264

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $333K
      Above asking

    • Property Type

      Mobile Home
      Built 1973
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    Renovated 5-Unit Apartment Building
    Updated: Jul 15
    Renovated 5-Unit Apartment Building

    521 Desert Way, Palm Springs, CA 92264

    $1,357,900
    3,900 sqft 0.23 AC lot
    5‑unit apartment building in Palm Springs’ Demuth Park area; offers 3 long‑term residents for dependable cash flow
    Private pool and spa at the property
    Renovation includes ceramic tile flooring; heating is forced air and cooling is central air
    R2 zoning offers flexibility beyond traditional long‑term tenants (uses subject to Palm Springs City approval)
    Demuth Park nearby with a $7.5M investment, including 22 new pickleball courts, large/small dog parks, and the CV Link entrance
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    Spanish-Style Triplex with Pool
    Spanish-Style Triplex with Pool

    3760 El Dorado Boulevard, Palm Springs, CA 92262

    $1,590,000
    3,351 sqft 0.22 AC lot

    Fully leased triplex featuring Spanish architecture, a private yard, and an on-site pool and spa.

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    Single-Story 10-Unit Apartment Building
    Single-Story 10-Unit Apartment Building

    2200 E Sahara Road, Palm Springs, CA 92262

    $1,750,000
    5,650 sqft 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.

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    Spanish-Style Triplex With Pool
    Spanish-Style Triplex With Pool

    3760 El Dorado Boulevard, Palm Springs, CA 92262

    $1,590,000
    0.22 AC lot

    Fully leased triplex featuring a pool and spa, plus a private yard and oversized balconies.

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    7-Unit Apartment Complex
    7-Unit Apartment Complex

    238 S Saturmino, Palm Springs, CA 92262

    $1,688,000

    For sale 7-unit apartment complex positioned near downtown amenities and major transportation routes.

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    Licensed Hotel with Saltwater Pool
    Licensed Hotel with Saltwater Pool

    520 Chuckwalla Road, Palm Springs, CA 92262

    $1,595,000
    20,909 sqft

    Active, licensed hotel property with six suites, saltwater pool and spa, plus nine on-site parking spaces.

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    Palm Springs Multifamily Investment Opportunity
    Palm Springs Multifamily Investment Opportunity

    3737 Calle De Carlos, Palm Springs, CA 92264

    $870,000
    3,800 sqft 0.23 AC lot

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

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    Deepwell Apartments Multifamily Investment Opportunity
    Deepwell Apartments Multifamily Investment Opportunity

    1680 East Palm Canyon Drive, Palm Springs, CA 92264

    $5,995,000
    20,296 sqft 0.94 AC lot

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

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    Residential Income Mobile Home Park
    Residential Income Mobile Home Park

    305 Kona Lane, Palm Springs, CA 92264

    $199,000
    1,512 sqft

    For sale within a Palm Canyon Mobile Club community, offering a residential income opportunity in Riverside County.

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    Residential Income Property
    Residential Income Property

    311 Kona Lane, Palm Springs, CA 92264

    $225,000
    630 sqft

    For sale residential income property located at 311 Kona Lane in Riverside County.

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    Residential Income Property
    Residential Income Property

    56 Black Hawk Street, Palm Springs, CA 92264

    $120,000
    480 sqft

    Residential income property offered for sale in Palm Springs, Riverside County.

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    Mobile Home Park Property
    Mobile Home Park Property

    356 Saguaro Drive, Palm Springs, CA 92264

    $350,000
    1,539 sqft

    For sale mobile home park property with on-site roadway access from the main gate entrance.

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    Turnkey Quadplex with Private Patios
    Turnkey Quadplex with Private Patios

    225 S Cahuilla, Palm Springs, CA 92262

    $1,685,000
    3,380 sqft 0.18 AC lot

    Turnkey quadplex with four 1-bedroom, 1-bath units, private patios, and off-street parking.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    408 Kona Ln, Palm Springs, CA 92264

    $310,000
    1,000 sqft

    Gated mobile home community with resort amenities including a pool, spa, clubhouse, and on-site management.

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    Mobile Home & RV Park Property
    Mobile Home & RV Park Property

    156 Caravan Street, Palm Springs, CA 92264

    $225,000
    760 sqft

    For sale mobile home and RV park located at 156 Caravan Street in Palm Springs within Riverside County.

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    Residential Income Property
    Residential Income Property

    145 Calle Arriba, Palm Springs, CA 92264

    $183,000
    1,392 sqft

    Residential income property at 145 Calle Arriba in Palm Springs, CA 92264.

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    Two-Story Condominium Community
    Two-Story Condominium Community

    588 E San Lorenzo Rd, Palm Springs, CA 92264

    Contact for pricing
    12,164 sqft 0.73 AC lot

    Fully renovated in 2012, this gated 12-unit condominium community offers two- and three-bedroom layouts with a pool and courtyard.

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    Mid-Century Modern Retreat in Palm Springs
    Mid-Century Modern Retreat in Palm Springs

    2499 S Palm Canyon, Palm Springs, CA 92264

    $1,100,000
    0.41 AC lot

    Furnished desert escape with mountain views and resort vibes.

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    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.

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    Mobile Home & RV Park
    Mobile Home & RV Park

    27 Jupiter St, Palm Springs, CA 92264

    Contact for pricing
    480 sqft

    Horizon Mobile Village is sold as-is and includes clubhouse, pool and spa, fitness room, and laundry amenities.

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    Residential Income Property
    Residential Income Property

    266 Araby Street, Palm Springs, CA 92264

    $159,000
    1,040 sqft

    Located within Sahara Mobile Home Park, with access from Araby Street.

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    24-Unit Apartment Community with Pools
    24-Unit Apartment Community with Pools

    1433 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.

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    Palm Springs 7-Unit Apartment Complex
    Palm Springs 7-Unit Apartment Complex

    238 S Saturmino, Palm Springs, CA 92262

    $1,688,000

    7-unit apartment complex in desirable Palm Springs location.

    View details

    Palm Springs, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Palm Springs, CA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 84,723 square feet of properties for sale, with an estimated market value of $39,581,800.

    Sale prices for residential income properties in Palm Springs, CA start at $120,000, averaging $1,465,992, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 37
    Apartment buildings 13
    Mobile home & RV parks 11
    Quadplexes 5
    Triplexes 4

    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 $1.7M
    92264 $2.9M

    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.

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    Most Searched ZIP Codes in Palm Springs, CA

    • 92264
    • 92262

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