723 E Cottonwood RD, Palm Springs, CA 92262
723 E Cottonwood RD, Palm Springs, CA 92262
723 E Cottonwood RD, Palm Springs, CA 92262
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$1,469,000
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8 Beds
4 Baths
3,500 SqFt
New

723 E Cottonwood RD Palm Springs, CA 92262

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Roxana Fierro

Roxana Fierro

+1(702) 576-1282

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $419

Subdivision El Mirador

MLS Listing ID 219154632PS

Bedrooms 8

Full Baths 4

Construction Status Updated/Remodeled

Year Built 1977

Lot Size 0.260 Acres

Property Sub-Type Multi-Family

Property Description

Reimagined Mid-Century Fourplex. A distinctive Palm Springs take on multifamily living, this extensively renovated four-unit property was thoughtfully reimagined in 2021 as a boutique mid-century apartment community, with all four units are occupied by long-term tenants, offering immediate rental income and a compelling opportunity for an investor.The renovation was extensive:stucco was repaired and repainted, while new windows and doors enhance appearances and energy efficiency. Units 2 and 3 received thoughtfully reconfigured kitchens that open to the living spaces, accented by breeze block, integrated workspaces, and custom shelving, with all 4 units getting refreshed.At the heart of the property, the pool courtyard was completely reimagined with expanded lounge space, colorful shade sails, breeze-block accents, and a custom Marilyn Monroe mural all surrounded by grounds transformed into a lush, resort-like setting.The property's infrastructure and common areas have been equally well cared for. The parking area was patched, resurfaced and restriped; a new mailbox cluster reinforces the mid-century aesthetic; and the foam roof was recoated in 2026. Translucent milk-glass entry gates replaced the original see-through metal gates, adding privacy, security and a sophisticated architectural detail.Unit 4 offers an especially compelling owner-user opportunity. The living area was substantially redesigned to capture the pool and courtyard views, with the kitchen relocated to the north wall and two new sliding glass doors creating a stronger indoor-outdoor connection. A new clerestory window brings morning light into the primary bedroom. The private courtyard was opened to the sky, with new patterned concrete paving, colorful shade sails and breeze-block detailing. A separate stackable washer/dryer, outdoor shower with mosaic tile and new tankless water heater complete the upgrades.Unit 1 remains attractively positioned below market, providing an additional value-add opp

Location

State CA

County Riverside

Area Palm Springs Central

Interior

Heating Central, Other

Cooling Air Conditioning

Flooring Cement, Other, Tile

Exterior

Parking Features Assigned

Garage Spaces 6.0

Pool Community, Gunite, Heated, In Ground

Community Features Community Mailbox

View Y/N Yes

View Mountains, Pool

Roof Type Flat

Building

Lot Description Landscaped, Secluded

Story 1

Sewer In Connected and Paid

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Trust

NEARBY SCHOOL & BUSINESS

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Roxana Fierro

Roxana Fierro

Agent

+1(702) 576-1282

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723 E Cottonwood RD