965 E Vista Chino Palm Springs, CA 92262
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4, 372 SF on a 7, 841 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
- Property TypeMulti-Family
- NeighborhoodDesert Arches
- CountyRiverside
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number219114912DA
- Home Size Source N/A
- Year Built1988
- Lot Size0.18 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 965 E Vista Chino Palm Springs, CA 92262
3 weeks ago | |
3 weeks ago | |
2 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Style Contemporary
- Parking Garage Door OpenerGuestStreet
- Parking Spaces 8
- Number of Stories 22
- Acreage 0.18
- Garage Spaces 4
- Foundation PermanentSlab
- Listing Conditions Standard
- Property Condition Updated/ Remodeled
Interior Features
- Cooling Central Air
- Heating Natural GasCentralForced Air
- Appliances DishwasherDisposalVented Exhaust FanFreezerGas RangeRefrigeratorWater Heater
- Interior Living Room Balcony
- Fireplace Features Living Room
- Fireplace Yes
Exterior Features
- View Mountain(s)
- Pool true
- Spa No
- Pool Features CommunityGuniteElectric HeatIn Ground
- Private Pool true
- Lot LandscapedLawnLevelPavedCorner LotNear Public Transit
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 332 - Central Palm Springs