$1,325,000

525 S Thornhill Road, Palm Springs, CA 92264

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.Currently 80% occupied, minus the owner's unit which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $106,800--positioning it as both a reliable asset and a premium value-add candidate. The property has a total of 6 electric and 6 gas meters. Each residence is individually metered for gas and electric and has approximately 800 sq ft. of living space. Every unit comprises of a 1 bedroom and 1 bath layout along with private courtyards and 1 assigned parking spot. There is also a section of the lot on Thornhill Rd. that can be utilized for added parking or another potential unit. This property offers comfort, livability, and the charm expected in a desert retreat,

Listing Status:
Active
Date Added:
November 4, 2025 at 06:00AM
Listing Office:
HomeSmart : (760) 844-7500
Listing Agent:
Richard MacMillan : (760) 574-2299
MLS ID:
219138230DA
  • Appliances: DishwasherElectric OvenMicrowaveRefrigeratorWater Heater
  • A/C:
  • Heating: Forced Air
  • Style: Spanish
  • Pool: CommunityIn Ground
  • Parking: Detached CarportParking spaces: 15
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CDAR
  • County: Riverside
  • Zoning: R-2508220002
  • View: Mountain(s)View
  • Source: CRMLS_CDAR

This listing courtesy of Richard MacMillan, HomeSmart

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cahuilla Elementary School

833 E Mesquite Ave, Palm Springs, CA, 92264

Grades KG-5

0.57 miles away

D

Desert Learning Academy

2248 E Ramon Rd, Palm Springs, CA, 92264

Grades KG-12

0.63 miles away

D

Desert Learning Academy

2248 E Ramon Rd, Palm Springs, CA, 92264

Grades KG-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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