579 S Highland Drive, CA

$5,995,000

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3

Beds

1.40

Acres

About 579 S Highland Drive

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 Ro

Features of 579 S Highland Drive

MLS® # OC25082158
Price $5,995,000
Bedrooms 3
Bathrooms 0.00
Acres 1.40
Type Residential Income
Status ACTIVE

Community Information

Address 579 S Highland Drive
Area RIV CTY-PALM SPRINGS (92264)
County Riverside
State CA
Zip Code 92264

Amenities

Is Waterfront No
Has Pool Yes
Pool Community/Common

Interior

Heating N/K
Fireplace No
# of Stories 1

Exterior

Lot Description Curbs, Sidewalks

Additional Information

Date Listed April 14th, 2025
Days on Market 1
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap RE Invest

Listing Map

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