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Listed by: Margarita Junak (951) 809-8184 DRE #01893620 | RE/MAX TIME REALTY (909) 373-0880
$1,050,000
Monthly Est:$5,226
5 Beds
- 5 Baths
2,408sqft
587 El Placer Rd, Palm Springs, CA 92264
$1,050,000
$5,226/moEst:
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Quadruplex
Built in 1958
$-- HOA
11,326 sqft lot
$436/sq.ft
Description
RESORT-STYLE LIVING IN THE HEART OF PALM SPRINGS! Discover this beautifully mid-century modern four-unit complex. Ideally situated in the desirable Demuth Park neighborhood of South Palm Springs. Offering an exceptional combination of modern upgrades, privacy, and resort-inspired outdoor living, this unique property presents an outstanding opportunity for investors or owner-occupants.
Situated on an expansive 11,326 sq. ft. lot, with approximately 2,408 sq. ft. of total living space, this meticulously maintained property features four spacious units. Unit #2 offers 2 bedrooms and 2 bathrooms, while units #1, #3, and #4 each feature 1 bedroom and 1 bathroom. Units #2 and #4 are currently tenant-occupied, offering existing rental income potential, while the property's desirable location and extensive upgrades make it an excellent investment opportunity. Step outside and experience a private, resort-like retreat, surrounded by a six-foot perimeter wall and secured gated entrances. The thoughtfully designed common grounds feature inviting outdoor lounging and entertaining areas, beautifully landscaped walkways, decorative lighting, and low-maintenance desert landscaping with native plants, trees, pea gravel, and drip irrigation systems. Each residence also enjoys its own private backyard, complete with gated access to the common grounds or separate street entrances, offering additional privacy and convenience. Conveniently located near Demuth Park, Palm Springs International Airport, shopping centers, restaurants, cultural attractions, and vibrant downtown Palm Springs, this property offers easy access to the area's renowned dining, shopping, entertainment, and recreational destinations. A RARE OPPORTUNITY TO OWN A FOUR-UNIT PROPERTY WITH RESORT-STYLE AMENITIES IN ONE OF PALM SPRINGS' MOST DESIRABLE LOCATIONS! Perfect for those seeking an exceptional investment opportunity or a private desert retreat with additional income potential.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 27, 2026 at 12:53 am
- Source: California Regional MLS-CA | MLS#: CV26222265

Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
2,408 sqft
Lot Size
11,326 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26222265
MLS Status
Active
Days on Market
15
Cumulative Days on Market
11

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Interior
Heating
None
Sewer
Public Sewer
Utilities & Energy
Fireplace Features
None
Pool Features
None
Laundry Features
See Remarks
Water Source
See Remarks
Other Features
Subdivision Name
Demuth Park
Community Features
Street Lights, Sidewalks
Tenant Pays
Trash Collection, Water
Lot Features
Two To Five Units Acre
Price History
| Date | Event | Price |
|---|---|---|
10/15/2026 Source: | Listed for Sale | $1,050,000 +61664.71% $436/sqft |
10/03/2024 Source: | Off Market | $1,700 -99.79% $1/sqft |
08/04/2021 Source: | Price Increased | $825,000 +55.66% $343/sqft |
02/08/2018 Source: | Price Increased | $530,000 +0.95% $220/sqft |
12/22/2017 Source: | Price Increased | $525,000 +99.60% $218/sqft |
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Demuth Park Ranks #42 in Palm Springs, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 31, 2026, 03:45PM and /or other sources. 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. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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