579 S Highland Drive

Palm Springs, CA 92264

  • 0 Bed(s)
  • 0 Bath(s)
  • 27,267 Sqft
  • 60984
    Sqft(Lot)
$5,995,000

Description

Highland portfolio is a 3-property, 31-unit multifamily investment portfolio located in palm springs, ca. seller financing is available on the highland portfolio. situated on three neighboring parcels encompassing a combined 1.40 acres, the highland portfolio offers a mix of studio, one, and two-bedroom floor plans. the majority of the units feature one bedroom, along with 1, studio unit and 2, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. the portfolio features 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, the highland portfolio has recently undergone significant capital improvements including new plumbing, electrical, plaster, and tile as well as updated building systems including roofing, solar panels, and more. the highland portfolio is 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 highland portfolio benefits from its 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 north of the portfolio, provides easy access to downtown palm springs, the heart of the city featuring a plethora of unique shops, restaurants, and entertainment options. the portfolio’s desirable single-story construction and upgraded facilities are primary draws for potential renters. the overall demand for well-maintained and amenitized rental units will be a key driver in the continued growth and success at the highland apartments.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    49366285

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Heating Source

    • None
    • Has Heating

  • Building Information

    • Year Built: 1955
    • Building Area Total: 27,267

    Pool Features

    • Community

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.4
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 60984

  • Listing Price Information

    • Original List Price: 5,995,000
    • Listing Contract Date: 2025-04-14

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 680032007

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 332 - Central Palm Springs
    • Postal Code Plus 4: 1054
    • Directions: Cross Streets of South Highland Drive & Ramon Road
    • Zoning: R2
    • Source Property Type: Residential Income
    • Area: 332 - Central Palm Springs
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 70
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/26/2025 @ 02:18

  • MLS: OC25082158
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 27,267 sqft, 60,984 sized lot, and 0 parking. are nearby neighborhoods.