587 S Calle Ajo
Palm Springs, CA 92264
8
Bed
0
Bath
4,150Sqft
10,454Sqft(Lot)
Charming 6-Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well-maintained six-unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one-bedroom units and two two-bedroom units, each featuring private patios and in-unit laundry amenities that significantly enhance tenant appeal. Upgrades include dual-pane windows, modern bathrooms, quality flooring, and fir interior doors, making this a turn-key investment. The property is fully occupied with long-term tenants, reflecting the strong demand in this sought-after south-end location.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 6 Full Baths: 0 Half Baths: 0Water/Sewer
Sewer: Sewer Tap Paid -
Interior Features
Property Appliances: Dishwasher,Refrigerator,Dryer,Washer Flooring: Carpet,Tile -
Cooling Features
Central Air Air ConditioningHeating Source
Central,Natural Gas Has Heating
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Building Information
Year Built: 1954 Building Area Total: 4,150 Construction: Stucco -
Foundation
SlabSecurity Features
Gated Community -
Pool Features
GunitePatio And Porch
Open,Patio
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.24 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 10454
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Listing Price Information
Original List Price: 1,400,000 Listing Contract Date: 2026-02-04 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 508121008
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Garage and Parking
Garage Description: Side By Side,UncoveredHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 334 - South End Palm Springs Postal Code Plus 4: 7435 Directions: FROM DOWNTOWN PALM SPRINGS: Take South Palm Canyon southbound passing Ramon Road. Left on Camino Parocela. Left on Calle Ajo. Zoning: R2 Source Property Type: Residential Income Area: 334 - South End Palm Springs -
Building and Construction
Property Age: 72 Year Built Source: Vendor Enhanced Total Square Feet Living: 4150 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1967 Marguerite Street, Palm Springs, CA, 92264 | $749,000 | 4 | 2 | 1,750 | 1,750 SqFt |
| 1605 Candela Court, Palm Springs, CA, 92264 | $899,995 | 4 | 2 | 2,295 | 2,295 SqFt |
| 2020 Lawrence Street, Palm Springs, CA, 92264 | $650,000 | 2 | 2 | 1,000 | 1,000 SqFt |
| 145 Calle Arriba, Palm Springs, CA, 92264 | $183,000 | 2 | 1 | 1,392 | 1,392 SqFt |
| 9 Calle Abajo, Palm Springs, CA, 92264 | $135,000 | 2 | 1 | 1,440 | 1,440 SqFt |
| 268 Encino Drive, Palm Springs, CA, 92264 | $399,000 | 3 | 2 | 1,493 | 1,493 SqFt |
| 147 Sage Drive, Palm Springs, CA, 92264 | $259,000 | -- | -- | -- | |
| 2030 S Bob O Link Lane, Palm Springs, CA, 92264 | $1,195,000 | 3 | 2 | 1,673 | 1,673 SqFt |
| 4351 E Calle De Carlos, Palm Springs, CA, 92264 | $649,900 | 3 | 2 | 1,560 | 1,560 SqFt |
| 4385 E Paseo Caroleta, Palm Springs, CA, 92264 | $849,000 | 4 | 2 | 1,592 | 1,592 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 01:53
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