521 Desert Way, Palm Springs, CA 92264

Local realty services provided by:ERA North Orange County Real Estate
521 Desert Way,Palm Springs, CA 92264
$1,357,900
  • 8 Beds
  • 5 Baths
  • 3,900 sq. ft.
  • Multi-family
  • Active
Listed by: faith p messenger
Office: homesmart
MLS#:219150331
Source:CA_DAMLS

Price summary

  • Price:$1,357,900
  • Price per sq. ft.:$348.18

About this home

Rare Palm Springs Demuth Park 5-Unit investment and owner -user opportunity . Beautifully renovated property offering immediate rental income, resort style living and exceptional zoning flexibility. This Desert Urban Retreat presents a unique opportunity. . Set on one of the areas most sought after streets, this 5 unit apartment building blends immediate potential income with comfort and sophistication with owner occupied living if you choose. . Located within walking distance to the new College of the Desert and the newly renovated Demuth Park which features a $7.5 million dollar investment that includes 22 new pickleball courts, large and small dog parks and entrance to the new valley wide CV Link. Nearby Prescott Reserve also adds value to the area., Currently you have 3 long term residents that offer dependable cash flow. R2 zoning adds valuable flexibility beyond traditional long term tenants Potential uses may include senior living, recovery retreats, assisted living,...

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Home facts

  • Year built:1963
  • Listing ID #:219150331
  • Added:1 day(s) ago
  • Updated:July 16, 2026 at 05:25 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:3
  • Flooring:Ceramic Tile
  • Living area:3,900 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning, Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1963
  • Building area:3,900 sq. ft.
  • Lot area:0.23 Acres
  • Levels:1 Story

Utilities

  • Sewer:Connected and Paid, In

Finances and disclosures

  • Price:$1,357,900
  • Price per sq. ft.:$348.18

Features and amenities

  • Pool features:Community, In Ground
Based on information from the California Desert Association of REALTORS® as of July 16, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.