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Listed by: Heath Wilson (760) 668-3397 DRE #02080658 | Wilson-Meade Commercial Real Estate (760) 837-1880
$3,850,000
-- Bed
-- Bath
--sqft
588 E Mel Ave, Palm Springs, CA 92262
$3,850,000
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Multi Family
Built in 1964
$-- HOA
22,651 sqft lot
--/sqft
Description
Wilson Meade Commercial is pleased to exclusively present the opportunity to acquire the Hermosa Palms, a 20-unit multi-family asset in Palm Springs.This charming, single-story property is comprised of studio units arranged around a central pool, and is located in close proximity to Palm Springs' renowned shopping and dining district.The preferred location, coupled with the highly desirable studio mix, has contributed to the property's historically low vacancy rate.The units have been meticulously maintained, with most remodeled to include tile/vinyl flooring and modern fixtures. Each unit features a kitchen, walk-in closet, full bathroom, and LED lighting throughout.The ...
Continue Reading- Houzeo last checked: 2 Hours ago
- Listing updated: December 3, 2025 at 6:19 pm
- Source: California Regional MLS-CA | MLS#: 219139441DA
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
- sqft
Lot Size
22,651 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
219139441DA
MLS Status
Active
Days on Market
3
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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