509 S Highland Drive, Palm Springs, CA 92264

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Sean Beattie

sean@brivio.com +1(415) 716-7190

Listed by Tyler Leeson • Marcus & Millichap RE Invest

$3,950,000

Est. payment - /mo

18,304 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 18,304 sqft

Price per Sqft $215

MLS Listing ID CROC25155892

HOA Y/N No

Year Built 1962

Lot Size 0.930 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

509 & 561 South Highland Drive is a 2-property, 21-unit multifamily investment portfolio located in Palm Springs, CA. 509 & 561 South Highland is available in conjunction with 579 South Highland Drive, a 10-unit multifamily property. 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-

Location

State CA

County Riverside

Interior

Heating None

Fireplace No

Laundry Common Area

Building

Lot Description Level

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

509 S Highland Drive Palm Springs, CA 92264

Sean Beattie

Key Details

Location

Interior

Building

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