Central Palm Springs (332) Homes with Apartment Subtype

**Discover Central Palm Springs: A Gem in the Desert**

Nestled in the heart of California's Riverside County, Central Palm Springs offers a vibrant blend of modern luxury and timeless charm. This enchanting region is renowned for its stunning desert landscapes, picturesque mountains, and an inviting atmosphere that captures the essence of Southern California living. With its rich history and cultural significance, Central Palm Springs is not just a place to live; it’s a lifestyle.

Central Palm Springs boasts a diverse array of homes, with a notable focus on apartment-style living. These residences offer the perfect balance of comfort and convenience, making them ideal for those seeking a low-maintenance lifestyle without sacrificing style. Many of these apartments feature contemporary designs, spacious layouts, and breathtaking views of the surrounding mountains and lush landscapes. Whether you’re a young professional, a retiree, or anyone in between, you’ll find a welcoming community that caters to your needs.

The region is also home to a plethora of amenities, including trendy boutiques, gourmet restaurants, and vibrant nightlife options. Outdoor enthusiasts will love the nearby hiking trails and golf courses, while art lovers can explore the local galleries and cultural events that make Palm Springs a hub of creativity and inspiration.

In Central Palm Springs, every day feels like a vacation. With its sunny weather, friendly neighbors, and a plethora of activities at your fingertips, this is a place where you can truly thrive. Experience the allure of Central Palm Springs and discover your dream apartment in this captivating desert oasis!

Newest Central Palm Springs (332) Homes with Apartment Subtype

$3,500,000

PW26156366 MLS ⋅ Active Status

We are pleased to present Sunset Palms Apartments, a well-maintained 24-unit apartment community located in Palm Springs, CA. The property offers an attractive unit mix consisting of spacious studios, one-bedroom, and two-bedroom units across three side-by-side individual parcels. Most units have been extensively upgraded with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless steel sinks, and new dual pane windows and sliding glass doors. Community amenities feature two sparkling swimming pools within gated courtyards, new ductless mini split air heating and air conditioning systems, and ample open parking. Sunset Palms offers an exceptional value-add investment opportunity with approximately 28% upside in rental income. The property is currently generating a 5.5% cap rate on in-place rents, with the potential to achieve an 8.2% cap rate as rents are brought to market, providing investors with a clear path to increased cash flow and long-term appreciation.

1433 1455 N Indian Canyon Drive, Palm Springs

$1,275,000

CV26045872 MLS ⋅ Active Status

Baristo Apartments is a 7-unit multifamily investment property located at 1900 E Baristo Road in Palm Springs, California. Situated on a corner lot at the intersection of Baristo Road and S. Saturmino Drive, the property is located within the desirable Sunrise Park submarket of Palm Springs. Built in 1970, the property consists of approximately 5,231 square feet of rentable building area situated on a 11,761 square foot R-2 zoned lot. The unit mix includes one studio, five one-bedroom / one-bathroom units, and one three-bedroom / two-and-a-half-bathroom unit. The property offers 7 open parking spaces, a community pool and a shared laundry room. Units 1 and 6 feature individual in-unit washer and dryer hookups. The property benefits from its proximity to Palm Springs High School, the public library, downtown Palm Springs retail and Dining, and Palm Springs International Airport. The surrounding area is characterized by established residential neighborhoods, strong year-round rental demand, and Palm Springs’ continued appeal as a resort destination and short-term rental market (subject to local regulations). The corner lot positioning provides added visibility, access, and overall curb appeal. 1900 E Baristo Road presents investors with the opportunity to acquire a well-located, income-producing asset within one of Southern California’s most established resort markets. Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property. For Further Information, Please Contact the Listing Agents.

1900 E Baristo Road, Palm Springs

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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.