595 S Thornhill RD Palm Springs, CA 92264 Active Under Contract

UPDATED: 08/18/2026 09:25 PM ON SITE: 15 days on site

$925,000

7 Beds7 Baths4,267 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,267 sqft

Price per Sqft $216

Subdivision Warm Sands

MLS Listing ID 219151275

Bedrooms 7

Three Quarter Bath 7

HOA Y/N No

Year Built 1958

Lot Size 0.340 Acres

Property Sub-Type Apartment

Property Description

Sago Palms -- Six-Unit Multifamily Property in the heart of Palm Springs.

Located in the Warm Sands area of Palm Springs, Sago Palms is a unique six-unit multifamily property with a history as a former hotel. The property offers a mix of residential units, attractive amenities, and stunning mountain views.

The property consists of:
One, 2-bedroom, 2-bathroom unit with -- currently needs work
Three, 1-bedroom, 1-bathroom units -- currently in rentable condition and
Two studio apartments.
A total of three gas fireplaces in various units.
Community pool
Shared laundry room -- no additional income
Street/open parking
Separate utility meters
Leased solar system
Upgraded plumbing
Two tankless water heaters
Stunning mountain views

The property is being sold AS-IS.

There are currently three tenants and one owner-occupant living on the property. All occupants are on month-to-month rental agreements, providing flexibility for a future owner.

Current Rental Income:
One bedroom units: $1200 per month
Two bedroom units: $1600 per month.
Studio apartments: $1085 per month.
Vacancy in on Studio and the 2 bed, 2 bath unit (needs remodeling).

Solar lease is $524.85 per month with Sun run. Expires in 2035. Current buy out is $46,455.88.

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