525 S Thornhill Road, Palm Springs, CA 92264

Local realty services provided by:Better Homes and Gardens Real Estate Champions
525 S Thornhill Road,Palm Springs, CA 92264
$1,325,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: richard macmillan, paige maccio-smith
Office: homesmart
MLS#:219138230DA
Source:CRMLS_CDAR

Price summary

  • Price:$1,325,000

About this home

NEW LOWERED PRICE!!!Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.Currently 80% occupied, minus the owner's unit (#4) which will generate an additional $2100 per month. At full occupancy the property will obtain a projected stabilized income of approximately $108,000--positioning it as both a reliable asset and a premium value-add candidate. Pro forma annual income would be $121,200 at market rents. Along with annual expenses of approximately $32,266.50 this provides a potential $88,933.50 annual net income (6.71% cap rate). There are 6 electric and gas meters., one for the common utilities and each residence has their individual meter. Each unit comprises of approximately 650 sq ft. with a layout of 1 bedroom

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Home facts

  • Year built:1978
  • Listing ID #:219138230DA
  • Added:48 day(s) ago
  • Updated:December 23, 2025 at 12:18 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1978
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$1,325,000
Based on information from the California Desert Association of REALTORS © as of December 23, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data Updated: December 23, 2025

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