My Company's Sold Listings

$5,855,000 (USD)
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Deepwell Apartments Area Multi-Family Home

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1680 E Palm Canyon Palm Springs, CA 92264

Bed
0 Baths
20296 sqft
We are proud to present an exceptional opportunity to acquire Deepwell Apartments, a superbly maintained 30+1 unit multifamily community located at 1680 E Palm Canyon Drive in Palm Springs, CA.

This investment offers an attractive 6.59% current Cap Rate and a 6.07% Cash-on-Cash return, with the property yielding $705,600 annually. The ±20,296 SF building stands on a generous ±40,946 SF lot in the prestigious Deepwell Estates, a neighborhood celebrated for its historic mid-century modern architecture and high-end residential appeal. The asset features a diverse unit mix of studios, 1B/1B, 2B/1B, and a premier 3B/2B unit, perfectly catering to the desert’s sophisticated renter demographic.

The asset has undergone substantial recent renovations, positioning it as a “turn-key” luxury investment with a sophisticated aesthetic. All units feature high-end finishes, including woodgrain-look ceramic tile flooring, designer tile in kitchens and bathrooms, and stainless steel appliances. Ownership has taken a proactive approach to capital preservation, recently replacing air conditioning units and upgrading the gated exterior to ensure tenant privacy and security. These comprehensive interior and exterior improvements significantly reduce near-term CAPEX requirements, allowing a new owner to focus on yield-driven operations. Furthermore, the property offers a curated “resort-style” living experience characterized by a crystal-clear pool, contemporary desert landscaping, and unobstructed mountain views.

Deepwell Apartments is strategically positioned in a submarket showing robust signs of population and rental growth. Located along the historic Palm Canyon Drive corridor, the property offers an enviable “walk score” with proximity to the Smoke Tree Shopping Center, world-class hiking trails, and the high-end boutiques and restaurants of downtown Palm Springs. With immediate access to State Route 111, the property provides seamless connectivity to the broader Coachella Valley’s primary tourism and employment hubs.

Deepwell Apartments is an excellent income-producing asset in the Inland Empire and a long-term investment opportunity. All units have been remodeled with resort-like amenities, making this a perfect asset for any investor seeking a strong risk-adjusted return. The property offers unparalleled stability for any type of investor, whether it be a first-time purchaser, a seasoned institutional investor, or those seeking a high-quality 1031 Exchange asset.
Listing Courtesy of CRMLS / Listed By: Eric Chen, Cb Richard Ellis
$5,600,000 (USD)
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Corona Del Mar Area Single Family Home

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216 Poppy Avenue Corona Del Mar, CA 92625

3 Bed
2 Baths
2058 sqft
Located in the Flower Streets of Corona del Mar, just three homes off Ocean Boulevard, this single-level home captures the essence of coastal village living. The approximately 2,058 sq ft floor plan includes 3 bedrooms, 2 baths, and a two-car garage situated below—an uncommon convenience this close to the ocean.



Wide windows, vaulted ceilings, and a central fireplace anchor the main living spaces, while a set of French doors brings in light, ocean air, and treetop outlooks. The kitchen opens to the dining area and a private front patio, creating a seamless indoor-outdoor flow for casual gatherings or morning coffee.



The primary suite features vaulted ceilings and generous storage, while recent interior updates such as new flooring, Calacatta Prado countertops and fresh paint keep the home fresh and functional for today’s lifestyle.



Its A+ location puts you moments from Little Corona Beach, scenic coastal paths, and a short stroll to local favorites including Five Crowns, CdM Restaurant, Sherman Library & Gardens, and Bristol Farms, along with boutique shopping on PCH.



For those seeking long-term potential, the property’s 40-foot wide lot presents an exciting redevelopment or second-story possibility—with ocean views achievable if repositioned.



With walkability, width, and proximity to the coastline, this address represents a rare opportunity in one of CDM’s most sought-after neighborhoods.
Listing Courtesy of CRMLS / Listed By: Keven Stirdivant, Kase Real Estate