# 521 Desert Way, Palm Springs, CA 92264

> **TL;DR:** 8bd/5ba residential multi family, $1,357,900 ($348/sqft), built 1963, 3,900 sqft.
> Pool, Spa, A/C. Est. $7,262/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,357,900 |
| Price/sqft | $348 |
| Bedrooms | 8 |
| Bathrooms | 3 full |
| Square Feet | 3,900 |
| Year Built | 1963 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Why This Home Stands Out

- **Pool** - Private pool

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,866 |
| Estimated Insurance | $396 |
| **Total** | **$7,262** |

## Key Amenities

- Pool
- Spa
- A/C

## Property Highlights

- Built in 1963
- 0.23 acre lot
- 8 parking spaces
- Private pool

## Description

### Agent Description
Rare Palm Springs Demuth Park 5-Unit investment and owner -user opportunity . Beautifully renovated property offering immediate rental income, resort style living and exceptional zoning flexibility. This Desert Urban Retreat presents a unique opportunity. . Set on one of the areas most sought after streets, this 5 unit apartment building blends immediate potential income with comfort and sophistication with owner occupied living if you choose. . Located within walking distance to the new College of the Desert and the newly renovated Demuth Park which features a $7.5 million dollar investment that includes 22 new pickleball courts, large and small dog parks and entrance to the new valley wide CV Link. Nearby Prescott Reserve also adds value to the area., Currently you have 3 long term residents that offer dependable cash flow. R2 zoning adds valuable flexibility beyond traditional long term tenants Potential uses may include senior living, recovery retreats, assisted living, multi -generational housing, sober living ..all subjected to Palm Springs City approval. This is a turn key property with seller inventory list . All items outlined here are subjected to buyer verification .

## Location

- **Address:** 521 Desert Way, Palm Springs, CA 92264
- **County:** Riverside
- **Neighborhood:** Demuth Park
- **Coordinates:** 33.815342, -116.508259
- **Google Maps:** https://www.google.com/maps?q=33.815342,-116.508259

## Listing Agent

- **Name:** Faith P Messenger
- **Brokerage:** HomeSmart
- **Phone:** 7603335956

## Primary Photo

![521 Desert Way - Primary Photo](http://lh.rdcpix.com/2490126eeaf12638a93df248560d3e07l-f1117683143r.jpg)

*61 total photos available on [listing page](https://www.propertysimple.ai/listing/521-desert-way-palm-springs-ca-92264-19150331)*

---

**MLS#:** 219150331 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/521-desert-way-palm-springs-ca-92264-19150331)

---

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