700 N Riverside Dr
Palm Springs, CA 92264

Bd   — Ba   3,750 Sqft
Beautifully landscaped 8 unit corner apartment building situated in the Tahquitz River Estates area of Palm Springs. The property is located in the high demand rental area in very close proximity to downtown Palm Springs along the revitalized Tahquitz River Parkway. Controlled access entry to the property opens to a warm and spacious courtyard setting with an inviting pool set off to the side of the common area. Central heat & air, laundry room, master metered for utilities and off street parking for 11 cars. Moderate upside in the rents with the potential for more added value. Units 5 and 7 are projected rents. This is an ideal investment opportunity for the first time buyer or for a savvy investor who is interested in adding to their portfolio. Lot size is approximate. Please see attached docs. Please do not disturb tenants or walk on property.
  • Property Type: Single Family
  • MLS#: 16164392
  • MLS:
  • Listing Office: Miller & Desatnik Realty Co.
  • Listing Broker: Alan Wachman
  • Movoto last checked CRMLS for new data 39 minutes ago
  • CRMLS last updated this listing 3 days ago
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Real Estate Market Statistics of 700 N Riverside Drive , Palm Springs

Palm Springs, California

Total Inventory For Sale

886 Homes

+1% m/m +252% y/y

Median List Price


0% m/m +6% y/y

Median Days On Market

89 Days

-2% m/m -18% y/y

Median House Size

1,677 Sqft

0% m/m 0% y/y

Median Price Per Square Foot

$233 /Sqft

0% m/m +8% y/y

Median Price

700 N Riverside Dr is a single family home located in 92264 in Palm Springs, CA. It was last listed for $840,000, which is 117% above the current market median of $387,500 in 92264 and 111% above the market median of $399,000 in Palm Springs. 700 N Riverside Dr is approximately 3,750 square feet, which is 124% above the median size in Palm Springs of 1,677 Sqft and 118% above the median size in 92264 of 1,723 square feet. This property's price per Sqft was $224, which is 2% below the current median in 92264 of $228 and 4% below the Palm Springs median of $233. As of today, , there are 429 properties listed for sale in ZIP code 92264 and 886 properties listed for sale in the city of Palm Springs. Of those 886 properties, there are 450 single family houses and 436 condos.
Built in 1951, this single family house at 700 N Riverside Dr is approximately 3,750 square feet and does not come with a parking spot. It was last listed for $890,000 with a cost per Sqft of $224. 700 N Riverside Dr is located in the Taquitz Canyon River Estates neighborhood in the Palm Springs Unified School District. The closest school is Cahuilla Elementary School.

700 N Riverside Dr was on the market for 36 days. The median days on the market for properties in this area is 89 with a median list price of $399,000 and median cost per square foot of $233. Its current status is sold under the MLS #16164392.

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