525 S Thornhill Rd - Apartments FOR SALE


Palm Springs, CA 92264- Warm Sands
$1,525,000 USD
760-574-2299
525 S Thornhill Rd, Palm Springs, CA for Sale
$1,525,000 USD
Apartments - FOR SALE
1/38
null | 4.85% Cap Rate

525 S Thornhill Rd
Palm Springs, CA 92264
Warm Sands


HIGHLIGHTS

  • 1BR, 1BA bungalows (some with larger garden/yards) all benefit the privacy of an enclosed gated courtyard, with pool, laundry, covered parking for 5

OVERVIEW

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 which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $110,400—positioning it as both a reliable asset and a premium value-add candidate. Each residence is individually metered and comprises of approximately 800 sq ft. Each unit has a 1 bedroom, 1 bath layout with private courtyards and 1 assigned parking spot. The property offers comfort, livability, and the charm expected in a desert retreat, attracting quality tenants and sustaining consistent demand. Set against Palm Springs’ stunning mountain backdrop, the property sits minutes from world-class golf, boutique shopping, acclaimed dining, and the vibrant downtown scene. Its strategic location and boutique scale make it ideal for investors seeking a high-quality, low-maintenance asset in a premier rental market. Refined, income-producing, and poised for appreciation, 525 S Thornhill Rd is a standout addition to any luxury investment portfolio.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

5

PRICE/UNIT

$305,000

CAP RATE

4.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

R2, Palm Springs

APN/PARCEL ID

508-220-002

ASK ABOUT THIS PROPERTY

Richard MacMillanHomeSmartMore Info
760-574-2299

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Richard MacMillanHomeSmartMore Info
760-574-2299

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.