525 S Thornhill Road, Palm Springs, CA 92264

Local realty services provided by:ERA Donahoe Realty
525 S Thornhill Road,Palm Springs, CA 92264
$1,325,000
  • 5 Beds
  • 5 Baths
  • 3,250 sq. ft.
  • Multi-family
  • Active
Listed by: richard h macmillan, paige maccio-smith
Office: homesmart
MLS#:219138230
Source:CA_DAMLS

Price summary

  • Price:$1,325,000
  • Price per sq. ft.:$407.69

About this home

NEW LOWERED PRICE!!! Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations. Currently 80% occupied, minus the owner's unit (#4) which will generate an additional $2100 per month. At full occupancy the property will obtain a projected stabilized income of approximately $108,000—positioning it as both a reliable asset and a premium value-add candidate. Pro forma annual income would be $121,200 at market rents. Along with annual expenses of approximately $32,266.50 this provides a potential $88,933.50 annual net income (6.71% cap rate). There are 6 electric and gas meters., one for the common utilities and each residence has their individual meter. Each unit comprises of approximately 650 sq ft. with a layout of 1 bedroom

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Home facts

  • Year built:1978
  • Listing ID #:219138230
  • Added:43 day(s) ago
  • Updated:December 18, 2025 at 03:28 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,250 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning
  • Heating:Forced Air

Structure and exterior

  • Year built:1978
  • Building area:3,250 sq. ft.
  • Lot area:0.34 Acres

Utilities

  • Sewer:In Street Paid

Finances and disclosures

  • Price:$1,325,000
  • Price per sq. ft.:$407.69
Based on information from the California Desert Association of REALTORS® as of December 18, 2025. 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.

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