965 E Vista Chino, Palm Springs, CA 92262

Property Description

Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Four-unit Apartment Building offered for sale, providing stable income and future value-add opportunity! Building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, their 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 past few years. 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.

Listing Status:

Active

Date Added:

May 15, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : (760) 776-9898

Listing Agent:

David Goldberg : (760) 668-4558

MLS ID:

219130153DA

Interior

• General: Balcony
• Appliances: DishwasherFreezerDisposalGas RangeRefrigeratorVented Exhaust FanWater Heater
• A/C: Central Air
• Heating: CentralForced AirNatural Gas
• Fireplace: Living RoomFireplace

Exterior

• Style: Contemporary
• Pool: CommunityGuniteElectric HeatIn Ground
• Parking: GarageGarage Door OpenerGuestOn StreetParking spaces: 8

Construction

• General: 2PermanentSlab

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CDAR
• County: Riverside

Lot

• Zoning: 507041026
• View: Mountain(s)View

Financial

• Source: CRMLS_CDAR

This listing courtesy of David Goldberg, Coldwell Banker Realty