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$899,000

343 W Tramview Rd Palm Springs, CA 92262

0.2 acres
Multi-Family

Property details

About 343 W Tramview Rd

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.

Highlights

Home typeQuadruplex
StatusActive
Lot size0.17 Acres
Year built1965
MLS #SW25057294

Summary

  • Private Pool: No
  • Heating: None
  • List Price: $899,000
  • HOA Amount: $0
  • Annual Tax Amount: $9,629
  • Tax Year: 2024
  • Directions: Hwy 111 to Tramview
  • Year Built: 1965
  • Stories: 1
  • Lot Size: 0.17 Acres
  • MLS Number: SW25057294
  • MLS Name: CRMLS
  • Office Name: Burton Commercial, Inc.
  • Office Phone: (951) 375-7433
  • Listing Agent: Tony Burton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 4:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 21, 2022
Home Sold
$720,000
Aug 31, 2009
Home Sold
$150,000
Dec 27, 2000
Home Sold
$121,000

Tax history

YearAssessmentProperty Tax
2024$749,088$9,629
2023$734,400$9,806
2022$182,439$2,876
2021$178,863$2,827
2020$177,030$2,720
2018$170,157$2,637
2017$166,821$2,538

History based on county public records data.

Nearby schools

4

Vista Del Monte Elementary School

Public District KG-5

0.9 mi

2744 N Via Miraleste

5

Katherine Finchy Elementary School

Public District KG-5

2.2 mi

777 E Tachevah Dr

5

Rio Vista Elementary School

Public District KG-5

4.0 mi

67700 Verona Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,631. The most common annual income of people living in Palm Springs, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

26%
<35k
51%
35k-100k
18%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
16%
Single, with Kids
18%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Horse RacesHorse Races
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • LongHorn SteakhouseLongHorn Steakhouse
  • QdobaQdoba

What do the neighbors drive?

  • VolvoVolvo
  • BuickBuick
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Contemporary InspirationalContemporary Inspirational
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

About 343 W Tramview Rd

The listing price of 343 W Tramview Rd property is $899,000.

The property 343 W Tramview Rd is a multi located in Palm Springs, California, 92262.

Active Listing: 343 W Tramview Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 343 W Tramview Rd are: Vista Del Monte Elementary School (GreatSchools Rating 4/10), Katherine Finchy Elementary School (GreatSchools Rating 5/10), Rio Vista Elementary School (GreatSchools Rating 5/10), Raymond Cree Middle School (GreatSchools Rating 4/10), Cielo Vista Charter (GreatSchools Rating 6/10), James Workman Middle School (GreatSchools Rating 5/10), Palm Springs High School (GreatSchools Rating 7/10), Desert Learning Academy (GreatSchools Rating 4/10), Mt. San Jacinto High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $9,629 (source: MLS/based on county public records data).

The last sale was on June 21, 2022 for $720,000 (source: MLS/tax record).

The year of construction for 343 W Tramview Rd is 1965.

This home is located at 343 W Tramview Rd in Palm Springs, CA and zip code 92262 in the Desert Highland Gateway Estates neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $899,000.

In June 2025 more than 2 listings in Palm Springs, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between May and June 2025, Palm Springs, CA real estate market has seen increase in the number of listings by 9.7%. In June 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $510,000.

From Rocket Homes Real Estate and based on county public records data.

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