579 S Highland Drive, Palm Springs, CA 92264 - Berkshire Hathaway HomeServices California Properties
579 S Highland Drive Palm Springs, CA 92264
$5,995,000 0 beds, 0 baths
0 sqft

Agent Remarks

Highland Portfolio is a 3-property, 31-unit multifamily investment portfolio located in Palm Springs, CA. Seller financing is available on the Highland Portfolio. Situated on three neighboring parcels encompassing a combined 1.40 acres, the Highland Portfolio offers a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 1, studio unit and 2, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. The portfolio features attractive amenities including secure keypad entry, private patios, swimming pools, ample surface parking, and on-site laundry facilities. Additionally, the properties feature exclusively single-story construction, a highly desirable characteristic to prospective renters. Furthermore, the Highland Portfolio has recently undergone significant capital improvements including new plumbing, electrical, plaster, and tile as well as updated building systems including roofing, solar panels, and more. The Highland Portfolio is situated in an optimal Palm Springs location, just moments away from shops and restaurants at El Cielo Center and The Springs. The properties are within a 0.85-mile radius of Demuth Park and Sunrise Park, two sprawling community centers granting residents convenient access to a plethora of outdoor activities. Additionally, the Highland Portfolio benefits from its close proximity to Palm Springs International Airport, a major employment and economic driver for the area, with tourism being a significant part of the local economy. Furthermore, Ramon Road, situated just to the north of the Portfolio, provides easy access to Downtown Palm Springs, the heart of the city featuring a plethora of unique shops, restaurants, and entertainment options. The portfolio’s desirable single-story construction and upgraded facilities are primary draws for potential renters. The overall demand for well-maintained and amenitized rental units will be a key driver in the continued growth and success at the Highland Apartments.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# OC25082158
List price is $5,995,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1955
1 story
1.40 acres
Lot size: 1.4000
Subdivision: Other
County: Riverside
Zoning: R2
Lot description: Street Level
Heating description: None
MLS area: 332 - Central Palm Springs

Last Updated: 4/15/2025

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This listing belongs to the 332 - Central Palm Springs MLS area

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Lat/Long: 33.814400, -116.509141.
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Listing Agent: Tyler Leeson
Lic#: 01234982
Office Name: Mission Viejo

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