587 El Placer Road, Palm Springs, CA 92264 (MLS # CV26222265)
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RESORT-STYLE LIVING IN THE HEART OF PALM SPRINGS! Discover this beautifully mid-century modern four-unit complex. Ideally situated in the desirable Demuth Park neighborhood of South Palm Springs. Offering an exceptional combination of modern upgrades, privacy, and resort-inspired outdoor living, this unique property presents an outstanding opportunity for investors or owner-occupants. Situated on an expansive 11,326 sq. ft. lot, with approximately 2,408 sq. ft. of total living space, this meticulously maintained property features four spacious units. Unit #2 offers 2 bedrooms and 2 bathrooms, while units #1, #3, and #4 each feature 1 bedroom and 1 bathroom. Units #2 and #4 are currently tenant-occupied, offering existing rental income potential, while the property's desirable location and extensive upgrades make it an excellent investment opportunity. Step outside and experience a private, resort-like retreat, surrounded by a six-foot perimeter wall and secured gated entrances. The thoughtfully designed common grounds feature inviting outdoor lounging and entertaining areas, beautifully landscaped walkways, decorative lighting, and low-maintenance desert landscaping with native plants, trees, pea gravel, and drip irrigation systems. Each residence also enjoys its own private backyard, complete with gated access to the common grounds or separate street entrances, offering additional privacy and convenience. Conveniently located near Demuth Park, Palm Springs International Airport, shopping centers, restaurants, cultural attractions, and vibrant downtown Palm Springs, this property offers easy access to the area's renowned dining, shopping, entertainment, and recreational destinations. A RARE OPPORTUNITY TO OWN A FOUR-UNIT PROPERTY WITH RESORT-STYLE AMENITIES IN ONE OF PALM SPRINGS' MOST DESIRABLE LOCATIONS! Perfect for those seeking an exceptional investment opportunity or a private desert retreat with additional income potential.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/15/2026 |
|---|---|---|---|
| TRACT | Demuth Park | YEAR BUILT | 1958 |
| COMMUNITY | 332 - Central Palm Springs | COUNTY | Riverside |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | 332 - Central Palm Springs |
|---|---|
| HEAT | None |
| LOT | 0.26 acre(s) |
| LOT DIMENSIONS | 11326 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Demuth Park |
| WATER | See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 10/15/26 10:38 PM PDT and /or other sources. 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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