225 S Cahuilla, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath
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Palm Springs, California 92262
This Turnkey Quadruplex represents a Strong Value Opportunity, listed at $1,687,000—positioned well below the $1,692,448 Fair Market Value by 0.32%. With three of four units fully renovated and a Condition Rating of 2, this asset offers immediate cash-flow readiness. Residents enjoy a communal heated spa with Iconic Mountain Views in the prestigious Historic Tennis Club neighborhood. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand "house-hack" in a premier Palm Springs location.
Property is new construction or fully renovated.
Although built in 1971, the property is a turnkey quadraplex where three of the four units have undergone a full high-end renovation within the last 5 years. Interior images show modern kitchens with new stainless steel appliances (some still with protective film), updated large-format tile flooring, recessed lighting, and contemporary fixtures throughout, indicating excellent condition with no immediate maintenance required.
Situated in the prestigious Historic Tennis Club neighborhood, the property offers unparalleled walkability to downtown Palm Springs' dining, museums, and scenic hiking trails.
With a gross scheduled income of approximately $9,000 per month and three out of four units already renovated, the property provides immediate cash-flow readiness for investors.
The property features a communal heated spa and iconic mountain views, set within a high-demand micro-market surrounded by multi-million-dollar estates.
While three units are fully updated with high-end finishes, the fourth unit remains unrenovated, requiring additional capital expenditure to achieve property-wide consistency.
The property consists exclusively of 1-bedroom, 1-bathroom units, which may limit the tenant pool and rental upside compared to assets with more diverse unit configurations.
Located in the prestigious Historic Tennis Club neighborhood, 225 S Cahuilla Rd is a premier turnkey quadraplex offering a rare blend of historical prestige and modern income potential. Priced at $1,687,000, the property consists of four 1-bedroom, 1-bathroom units, three of which have been fully renovated with high-end finishes. Marketed for its exceptional walkability, the residence is steps away from downtown Palm Springs’ dining, the Art Museum, and scenic hiking trails. A standout feature is the communal in-ground heated spa, providing residents with iconic mountain views. Financially, the property is a robust asset, generating a Gross Scheduled Income of approximately $9000/month. Positioned in a high-demand micro-market surrounded by multi-million-dollar estates, it serves as an ideal "house-hack" or pure investment. In a balanced 2026 market, this property stands out for its renovated condition, premium location, and immediate cash-flow readiness.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1971 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 3, 2026
$1,597,000
$1,649,000
-3% Price Drop
Initial Listing
May 29, 2026
$1,649,000
$1,687,000
-2% Price Drop
Initial Listing
May 12, 2026
$1,687,000
Initial Listing
Nov 16, 2021
$1,250,000
Public Record
May 5, 2006
$775,000
Public Record
Feb 7, 2003
$550,000
Public Record
Jul 18, 2001
$329,000
Public Record
Jan 23, 1998
$195,000
Public Record