Discover an exceptional investment opportunity for this first time on the market four-plex near the Ace Hotel in Twin Palms and close to downtown Palm Springs. This beautifully remodeled four-unit multifamily property is ideally situated, and features three spacious 2-bedroom, 2-bath units, each over 1,200 sq. ft. and one expansive 2-bedroom, 2-bath unit with two additional rooms, boasting over 1,800 sq. ft. Each unit has been meticulously updated with modern finishes and amenities, ensuring comfort and style. Relax by the sparkling pool or unwind in the landscaped outdoor area perfect for Palm Springs' sunny climate. There is a dedicated parking lot, offering convenience for residents, and is close to local attractions, dining, and shopping. Don't miss your chance to own a piece of paradise in Palm Springs! Buyer to comply with seller's 1031 exchange.
Sold for $1,475,000
Tax assessed value
$1,475,000
1965 S Camino Real, Palm Springs, CA 92264
8beds
8baths
5,590sqft
Multi Family
Built in 1990
-- sqft lot
$1,849,100 Zestimate®
$264/sqft
$3,297 Estimated rent
Home value
$1,849,100
$1.59M - $2.18M
$3,297/mo
Zestimate® history
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$3,297/mo
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$9,520/mo
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Est. payment
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List your homeWhat's special
Sparkling poolModern finishesLandscaped outdoor area
Zillow last checked:
Listing updated:
Listed by:
Jade Devitt DRE # 02070642 323-806-5020,
PLG Estates 310-788-0700,
Jason Boritz DRE # 02229779 323-378-9259,
PLG Estates
Bought with:
James Wilson, DRE # 01401456
COMPASS
Source: CLAW,MLS#: 24-454125
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range/Oven, Dishwasher, Microwave
Interior area
- Total structure area: 5,590
- Total interior livable area: 5,590 sqft
Property
Parking
- Total spaces: 7
- Parking features: Detached Carport, Parking Space
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.37 Acres
Details
- Additional structures: None
- Parcel number: 511150033
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1990
Community & HOA
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $651,843
- Annual tax amount: $18,138
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $1,475,000-4.8%$264/sqft |
Source:  CLAW #24-454125 Report a problem | ||
| 11/3/2024 | Contingent | $1,550,000$277/sqft |
Source: CLAW #24-454125 Report a problem | ||
| 10/18/2024 | Listed for sale | $1,550,000$277/sqft |
Source: CLAW #24-454125 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,138 +102.6% | $1,475,000 +126.3% |
| 2024 | $8,951 -1.7% | $651,843 +2% |
| 2023 | $9,105 -0.1% | $639,063 +2% |
| 2022 | $9,115 +1.9% | $626,533 +2% |
| 2021 | $8,947 +4.3% | $614,249 +1% |
| 2020 | $8,580 +1.6% | $607,952 +2% |
| 2019 | $8,445 +1.7% | $596,033 +2% |
| 2018 | $8,302 +1.4% | $584,347 +2% |
| 2017 | $8,190 | $572,890 +2% |
| 2016 | $8,190 +7.6% | $561,657 +1.5% |
| 2015 | $7,614 +2% | $553,222 +2% |
| 2014 | $7,464 | $542,387 +0.5% |
| 2013 | -- | $539,939 +2% |
| 2012 | -- | $529,352 +2% |
| 2011 | -- | $518,973 +0.8% |
| 2010 | -- | $515,096 -0.2% |
| 2009 | -- | $516,322 +2% |
| 2008 | -- | $506,199 +2% |
| 2007 | -- | $496,274 +2% |
| 2006 | -- | $486,544 +2% |
| 2005 | -- | $477,005 +3.9% |
| 2003 | -- | $459,084 +2% |
| 2002 | -- | $450,083 +2% |
| 2001 | $5,536 +2.3% | $441,259 +2% |
| 2000 | $5,413 | $432,608 |
Find assessor info on the county website
Neighborhood: 92264
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Nearby schools
GreatSchools rating
- 3/10Cahuilla Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 3.4 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$1,849,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,849,100
- California
- Riverside County
- Palm Springs
- 92264
- 1965 S Camino Real
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