520 S Desert View Drive, Palm Springs, CA 92264

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Sold Price
$1,300,000
List Price
$1,350,000
Closing Date
Feb 13, 2026
Status
CLOSED
MLS#
CV25050079
Year Built
1963
Lot Size
10,019
Acres
0.23
Lot Location
2-5 Units/Acre
Days on Market
326
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level
Neighborhood
Demuth Park (33443)

Property Description

Seller Financing Available! The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.

Additional Information

Appliances
Dryer, Washer
Pool Description
Community
Fireplace Description
Bath, Kitchen, Primary Bedroom, Outside
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Sewer
Unknown
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$109,860
Operating Expense
36227

Listing courtesy of Listing Agent: William Melton (BIlly@vma.com) from Listing Office: PAEZ REALTY COMPANY.

Listing sold by William Melton from PAEZ REALTY COMPANY

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.