Map location of 509 S Highland Drive, Palm Springs, CA 92264
$3,415,000
Unlock Price Rating!

509 S Highland Drive, Palm Springs, CA 92264

 Contact
3 Beds
3 Baths
- Sq Ft

509 & 561 South Highland Drive is a 2-property, 21-unit multifamily investment portfolio located in Palm Springs, CA. Situated on two neighboring parcels encompassing a combined 0.93 acres, 509 & 561 South Highland Drive offer a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 2, studio units and 3, two-bedroom units - ideally suited for singles, couples, and retirees seeking well-located housing. The properties feature attractive amenities including secure keypad entry, private patios, swimming pools, ample surface parking, and on-site laundry facilities. Additionally, the properties feature exclusively single-story construction, a highly desirable characteristic to prospective renters. Furthermore, 509 & 561 South Highland Drive have recently undergone significant capital improvements including new plumbing, electrical, plaster, and tile as well as updated building systems including roofing, solar panels, and more. 509 & 561 South Highland Drive are situated in an optimal Palm Springs location, just moments away from shops and restaurants at El Cielo Center and The Springs. The properties are within a 0.85-mile radius of Demuth Park and Sunrise Park, two sprawling community centers granting residents convenient access to a plethora of outdoor activities. Additionally, the properties benefit from their close proximity to Palm Springs International Airport, a major employment and economic driver for the area, with tourism being a significant part of the local economy. Furthermore, Ramon Road, situated just to the north of the properties, provides easy access to Downtown Palm Springs, the heart of the city featuring a plethora of unique shops, restaurants, and entertainment options. 509 & 561 South Highland Drives desirable single-story construction and upgraded facilities are primary draws for potential renters. The overall demand for well-maintained and amenitized rental units will be a key driver in the continued growth and success at the properties.

Listing By: Tyler Leeson - Marcus & Millichap RE Invest casmls-r Realty.com
  • MLS# OC25251506
  • Date Listed10/31/2025
  • Days on Realty 21 Days
  • Bedrooms 3
  • Bathrooms 3 baths
  • Lot Size 0.93 acres (40,510 sq. ft)
  • County Riverside

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.93
  • Lot Size SQFT 40,510.00
  • Lot Features -

Directions

Cross Streets of South Highland Drive & Ramon Road

Financial Considerations

Nearby Schools

Source: School Digger

Agua Caliente Elementary School

Public • PK - 5 • Serves this home

1.66 mi

Distance

Cahuilla Elementary School

Public • PK - 5

2.62 mi

Distance

Katherine Finchy Elementary School

Public • PK - 5

3.56 mi

Distance

Rio Vista Elementary School

Public • PK - 5

4.23 mi

Distance

Sunny Sands Elementary School

Public • PK - 5

4.95 mi

Distance

Vista Del Monte Elementary School

Public • PK - 5

5.16 mi

Distance

Cathedral City Elementary School

Public • PK - 5

5.54 mi

Distance

Desert Learning Academy

Public • 7 - 10 • Serves this home

1.02 mi

Distance

Raymond Cree Middle School

Public • 6 - 8

3.56 mi

Distance

James Workman Middle School

Public • 6 - 8

5.14 mi

Distance

Nellie N. Coffman Middle School

Public • 6 - 8

5.16 mi

Distance

Palm Springs High School

Public • 9 - 12 • Serves this home

1.02 mi

Distance

Cathedral City High School

Public • 9 - 12

5.16 mi

Distance

Rancho Mirage High

Public • 9 - 12

6.6 mi

Distance

Desert Chapel Christian School

Private • KG - 12

1.82 mi

Distance

Palm Valley School

Private • PK - 12

6.29 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92264

Source: Walkscore

50/100

Somewhat Walkable

Walk Score ®

32/100

Some Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 28/100, Transit Score: 16/100, Bike Score: 35/100.

Property Change History

Agent added 24 new photos to the listing
0 → 24 photos

Points of Interest near 509 S Highland Drive, Palm Springs, CA 92264

Frequently Asked Questions for 509 S Highland Drive

Source: Realty.com

509 S Highland Drive, Palm Springs, CA 92264 is a Multi Family, Residential Income property listed for $3,415,000 The property is - sq. ft with 3 bedrooms and 3 bathrooms

Realty.com has 24 photos of 509 S Highland Drive.

The full address for this home is 509 S Highland Drive, Palm Springs, CA 92264.

509 S Highland Drive has been listed on Realty.com since Fri October 31, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 28/100, Transit Score: 16/100, Bike Score: 35/100.

There are 3 schools assigned to this home. Check out the schools near 509 S Highland Drive. Agua Caliente Elementary School (Grades: PK - 5), Desert Learning Academy (Grades: 7 - 10), Palm Springs High School (Grades: 9 - 12)

Listing provided courtesy of: Marcus & Millichap Re Invest (tel: 949-419-3200)
Listing agent: Tyler Leeson (tel: 949-419-3326) (#CR-OCLEESTYL)

This content last refreshed on 2025-11-21 19:06:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 509 S Highland Drive, Palm Springs, CA 92264 : MLS# OC25251506

Message
Tour
Chat