THIS IS A SMOKING DEAL!!! CHECK OUT LATEST PALM SPRING SALE COMPS ATTACHED IN SUPPLEMENTS. PRICES RANGE FROM $1,035,000 TO $1,579,000! AND WE ARE ASKING $899,000!!! This fine 4Plex is located just off Highway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER WILL PROVIDE FINANCING WITH ONLY $250,000 DOWN!!! THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. All units have laundry hook ups! Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.39 Gross Rent Multiplier, a 9.31% Cap Rate, and a robust 19.31% Cash on Cash Return. Check out FOUR NEARBY RENT COMPS AT $1,995 MONTHLY in Supplements attached!! For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached.
Sold for $855,000 on 09/19/25
$855,000
343 W Tramview Rd, Palm Springs, CA 92262
--beds
--baths
3,200sqft
Quadruplex
Built in 1965
-- sqft lot
$849,500 Zestimate®
$267/sqft
$2,613 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 11, 2025 at 07:09pm
Source: CRMLS,MLS#: SW25057294
Originating MLS: California Regional MLS
Facts & features
Interior
Heating
- None
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 7,405 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 669401003
- Zoning: RGA
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Gutter(s)
Location
- Region: Palm Springs
- Subdivision: Tranview
Other
Other facts
- Listing terms: Cash,Cash to New Loan
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$849,500
2% more+$16,990
With Zillow Showcase(estimated)$866,490