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

Apartment

Bedrooms

4

Building size

3,461 sqft

Lot size

7,841 sqft

Year built

1971

Stories

2

Garage spaces

0

Heating

None

Cooling

Central Air

Pool

Private

View

Mountain(s)

Status

Active

Days on market

2

MLS #

248755466

About this property

Located in the prestigious Historic Tennis Club neighborhood, 225 S Cahuilla Rd is a premier turnkey quadraplex offering a rare blend of historical prestige and modern income potential. Priced at $1,599,000 the property consists of four 1-bedroom, 1-bathroom units, three of which have been fully renovated with high-end finishes. Marketed for its exceptional walkability, the residence is steps away from downtown Palm Springs’ dining, the Art Museum, and scenic hiking trails. A standout feature is the communal in-ground heated spa, providing residents with iconic mountain views. Financially, the property is a robust asset, generating a Gross Scheduled Income of approximately $8700/month. Positioned in a high-demand micro-market surrounded by multi-million-dollar estates, it serves as an ideal "house-hack" or pure investment. In a balanced 2026 market, this property stands out for its renovated condition, premium location, and immediate cash-flow readiness.

Location

225 S Cahuilla

Palm Springs, Riverside, CA, 92262