Multi Family Investment Properties for Sale in Palm Springs, CA
555- - Bed
- - Bath
- - sft
3917- 4 Bed
- 3 Bath
- 2096 sft
6850- - Bed
- - Bath
- - sft
- 2 Bed
- 1 Bath
- 800 sft
172- 2 Bed
- 1 Bath
- 960 sft
51- 3 Bed
- 3 Bath
- 1940 sft
147- 2 Bed
- 2 Bath
- 1440 sft
1195- 2 Bed
- 2 Bath
- 1317 sft
159- 3 Bed
- 1 Bath
- 1150 sft
179- 2 Bed
- 2 Bath
- 960 sft
146- 2 Bed
- 1 Bath
- 800 sft
179- 3 Bed
- 1 Bath
- 850 sft
173- 3 Bed
- 2 Bath
- 1000 sft
178- 2 Bed
- 1 Bath
- 672 sft
133- 2 Bed
- 2 Bath
- - sft
175- 2 Bed
- 1 Bath
- - sft
183- 3 Bed
- 2 Bath
- 1326 sft
144- 2 Bed
- 2 Bath
- 450 sft
154- 3 Bed
- 2 Bath
- 1148 sft
160- 2 Bed
- 1 Bath
- 864 sft
161- 4 Bed
- 2 Bath
- 1264 sft
183- 2 Bed
- 2 Bath
- 1248 sft
154- 4 Bed
- 2 Bath
- - sft
16- 3 Bed
- 2 Bath
- 1536 sft
144- 2 Bed
- 2 Bath
- 1344 sft
149- 3 Bed
- 3 Bath
- 1600 sft
159- 3 Bed
- 2 Bath
- 1727 sft
Why Invest in Palm Springs, California?
Multi-family properties in Palm Springs, CA offer strong potential for investors seeking steady cash flow amid a stabilizing market. Tourism and remote work migration sustain rental demand, with short-term rental opportunities despite new regulations limiting to 26 days annually. Average rents hold firm while inventory rises, supporting cap rates around 5-6%. Appreciation is projected at 3.6% for 2026 after recent dips, with renter occupancy near 60%. Limited supply and lifestyle appeal make multi-family a resilient choice for long-term holds.
Frequently Asked Questions
Yes, despite STR limits to 26 days, multi-family properties benefit from long-term rental demand driven by tourism and migration. Stable rents and improving inventory support positive cash flow. Investors should focus on updated units for best returns.
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