509 S Highland Drive, Palm Springs, CA 92264
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
509 S Highland Drive,Palm Springs, CA 92264
$3,415,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:tyler leeson
Office:marcus & millichap re invest
MLS#:OC25251506
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,415,000
About this home
509 & 561 South Highland Drive is a 2-property, 21-unit multifamily investment portfolio located in Palm Springs, CA. Situated on two neighboring parcels encompassing a combined 0.93 acres, 509 & 561 South Highland Drive offer a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 2, studio units and 3, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. The properties feature attractive amenities including secure keypad entry, private patios, swimming pools, ample surface parking, and on-site laundry facilities. Additionally, the properties feature exclusively single-story construction, a highly desirable characteristic to prospective renters. Furthermore, 509 & 561 South Highland Drive have recently undergone significant capital improvements including new plumbing, electrical, plaster, and tile as well as updated building systems including roofing, solar panels, and more. 509 & 561 South Highland Drive are situated in an optimal Palm Springs location, just moments away from shops and restaurants at El Cielo Center and The Springs. The properties are within a 0.85-mile radius of Demuth Park and Sunrise Park, two sprawling community centers granting residents convenient access to a plethora of outdoor activities. Additionally, the properties benefit from their close proximity to Palm Springs International Airport, a major employment and economic driver for the area, with tourism being a significant part of the local economy. Furthermore, Ramon Road, situated just to the nor
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Home facts
- Listing ID #:OC25251506
- Added:1 day(s) ago
- Updated:November 02, 2025 at 12:38 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Finances and disclosures
- Price:$3,415,000
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