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.
For sale
Listing Provided by:
David Goldberg DRE #02027373 760-776-9898,
Coldwell Banker Realty,
Dean Liebl DRE #02120220 760-668-2871,
Coldwell Banker Realty
$1,195,000
965 E Vista Chino, Palm Springs, CA 92262
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1988
-- sqft lot
$1,153,900 Zestimate®
$--/sqft
$-- HOA
What's special
Shared poolPrivate patiosAmazing mountain views
- 102 days
- on Zillow |
- 233 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 04:49pm
Listing Provided by:
David Goldberg DRE #02027373 760-776-9898,
Coldwell Banker Realty,
Dean Liebl DRE #02120220 760-668-2871,
Coldwell Banker Realty
Source: CRMLS,MLS#: 219130153DA
Originating MLS: California Desert AOR & Palm Springs AOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Rooms
- Room types: Living Room
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Freezer, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
Features
- Balcony
- Has fireplace: Yes
- Fireplace features: Living Room
Property
Parking
- Total spaces: 8
- Parking features: Garage, Garage Door Opener, Guest, On Street
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: Community, Gunite, Electric Heat, In Ground
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 7,841 Square Feet
- Features: Corner Lot, Lawn, Landscaped, Level, Near Public Transit, Paved
Details
- Parcel number: 507041026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Permanent, Slab
Condition
- Repairs Cosmetic,Updated/Remodeled
- New construction: No
- Year built: 1988
Community & HOA
Community
- Features: Pool
- Subdivision: Desert Arches
Location
- Region: Palm Springs
Financial & listing details
- Tax assessed value: $806,517
- Annual tax amount: $11,049
- Date on market: 5/15/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
- Tenant pays: Cable TV, Electricity, Gas
- Loading
- Loading