For Sale
No HOANo HOA
House for sale at 587 El Placer Rd, Palm Springs, CA 92264 | MLS# CV26222265 | Listing updated on 2026-10-27
Photo 1 of House for sale at 587 El Placer Rd, Palm Springs, CA 92264 | MLS# CV26222265 | Listing updated on 2026-10-27
Photo 2 of House for sale at 587 El Placer Rd, Palm Springs, CA 92264 | MLS# CV26222265 | Listing updated on 2026-10-27
Photo 3 of House for sale at 587 El Placer Rd, Palm Springs, CA 92264 | MLS# CV26222265 | Listing updated on 2026-10-27
Photo 4 of House for sale at 587 El Placer Rd, Palm Springs, CA 92264 | MLS# CV26222265 | Listing updated on 2026-10-27
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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

  • Beds Icon5 Beds
  • Beds Icon
    5 Baths
  • Beds Icon2,408sqft

587 El Placer Rd, Palm Springs, CA 92264

$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 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Riverside County

  • City

    Palm Springs

  • Neighborhood

    Demuth Park

  • 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

DateEventPrice

10/15/2026

Source: mls_logoCalifornia Regional MLS-CA #CV26222265

Listed for Sale

$1,050,000 +61664.71%

$436/sqft

10/03/2024

Source: mls_logoCalifornia Regional MLS-CA #CV24204744

Off Market

$1,700 -99.79%

$1/sqft

08/04/2021

Source: mls_logoCalifornia Regional MLS-CA #CV21117261

Price Increased

$825,000 +55.66%

$343/sqft

02/08/2018

Source: mls_logoCalifornia Regional MLS-CA #IG17271964

Price Increased

$530,000 +0.95%

$220/sqft

12/22/2017

Source: mls_logoCalifornia Regional MLS-CA #IG17271964

Price Increased

$525,000 +99.60%

$218/sqft

Show more

Demuth Park Ranks #42 in Palm Springs, CA

Homes for sale
21

Homes

Rental prices
$1,581

Rental Prices

Median Home Price
$550K

Median Home Price

Demuth Park, Palm Springs, CA neighborhood guide

Nearby Homes

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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