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Triplex at 502 S Highland Drive
$1,265,000
502 S Highland Drive
Palm Springs, Riverside, 92264
Triplex
Active · 1 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type
Triplex
Bedrooms
3
Building size
2,927 sqft
Lot size
0.22 sqft
Year built
1979
Stories
1
Garage spaces
0
Heating
Forced Air
Cooling
Central Air
Pool
In Ground
Status
Active
Days on market
1
MLS #
247353391

About this property

Fully renovated Palm Springs triplex offering three thoughtfully updated residences centered around a sparkling pool. Each approximately 1,000 SF unit features two bedrooms, one bathroom, a spacious living area, dining area, and upgraded kitchen. Extensive improvements include updated flooring and paint, beautifully renovated bathrooms, newer kitchen appliances, and on-site laundry with washer and dryer. Situated on a private, fully fenced corner lot with six parking spaces, the thoughtful configuration allows each residence to enjoy views of the pool while maintaining its own comfortable living space. All three units are currently tenant occupied, offering an attractive opportunity to acquire a turnkey multi-unit property in Palm Springs. Adding to the property's unique potential is its P (Professional) zoning, which provides for a variety of professional and compatible uses subject to applicable City requirements and approvals. Ideally located approximately 10 minutes from downtown Palm Springs with convenient access to shopping, dining, entertainment, and major thoroughfares.

Location

502 S Highland Drive

Palm Springs, Riverside, CA, 92264

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

502 S Highland Dr, Palm Springs CA | Multifamily for Sale