Central Palm Springs (332) Homes with Apartment Subtype

Welcome to Central Palm Springs, a vibrant and enchanting area nestled in the heart of California's Riverside County. Known for its stunning desert landscapes, this charming city offers a unique blend of relaxation and recreation that attracts residents and visitors alike.

Central Palm Springs boasts a rich tapestry of mid-century modern architecture, making it a haven for design enthusiasts. The neighborhood is dotted with beautiful homes that showcase the iconic styles of the 1950s and 60s, each telling a story of the golden age of Palm Springs. Among these architectural gems, you’ll find a variety of homes with apartment subtypes, perfect for those looking for a blend of space and convenience. Whether you're seeking a cozy studio or a spacious multi-bedroom apartment, Central Palm Springs has something to suit every lifestyle.

Living in Central Palm Springs means embracing an outdoor lifestyle. With over 350 days of sunshine each year, residents can enjoy numerous recreational activities, from hiking in the nearby San Jacinto Mountains to lounging by the pool in your own backyard. The area is also known for its vibrant arts scene, trendy boutiques, and world-class dining options, making it an ideal place for those who appreciate culture and community.

Additionally, Central Palm Springs is conveniently located near major attractions such as the Palm Springs Aerial Tramway and the bustling downtown area, ensuring that everything you need is just a stone's throw away. Whether you’re looking to buy your first home or invest in a vacation property, Central Palm Springs offers an unparalleled lifestyle infused with charm, warmth, and endless possibilities. Come discover your dream home in this desert oasis!

Newest Central Palm Springs (332) Homes with Apartment Subtype

$3,500,000

PW26156366 MLS ⋅ Active Status

We are pleased to present Sunset Palms Apartments, a well-maintained 24-unit apartment community located in Palm Springs, CA. The property offers an attractive unit mix consisting of spacious studios, one-bedroom, and two-bedroom units across three side-by-side individual parcels. Most units have been extensively upgraded with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless steel sinks, and new dual pane windows and sliding glass doors. Community amenities feature two sparkling swimming pools within gated courtyards, new ductless mini split air heating and air conditioning systems, and ample open parking. Sunset Palms offers an exceptional value-add investment opportunity with approximately 28% upside in rental income. The property is currently generating a 5.5% cap rate on in-place rents, with the potential to achieve an 8.2% cap rate as rents are brought to market, providing investors with a clear path to increased cash flow and long-term appreciation.

1433 1455 N Indian Canyon Drive, Palm Springs

$1,275,000

CV26045872 MLS ⋅ Active Status

Baristo Apartments is a 7-unit multifamily investment property located at 1900 E Baristo Road in Palm Springs, California. Situated on a corner lot at the intersection of Baristo Road and S. Saturmino Drive, the property is located within the desirable Sunrise Park submarket of Palm Springs. Built in 1970, the property consists of approximately 5,231 square feet of rentable building area situated on a 11,761 square foot R-2 zoned lot. The unit mix includes one studio, five one-bedroom / one-bathroom units, and one three-bedroom / two-and-a-half-bathroom unit. The property offers 7 open parking spaces, a community pool and a shared laundry room. Units 1 and 6 feature individual in-unit washer and dryer hookups. The property benefits from its proximity to Palm Springs High School, the public library, downtown Palm Springs retail and Dining, and Palm Springs International Airport. The surrounding area is characterized by established residential neighborhoods, strong year-round rental demand, and Palm Springs’ continued appeal as a resort destination and short-term rental market (subject to local regulations). The corner lot positioning provides added visibility, access, and overall curb appeal. 1900 E Baristo Road presents investors with the opportunity to acquire a well-located, income-producing asset within one of Southern California’s most established resort markets. Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property. For Further Information, Please Contact the Listing Agents.

1900 E Baristo Road, Palm Springs

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.