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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
    : 
    Multi Family
    Built in 1988
    -- sqft lot
    $1,153,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Shared poolPrivate patiosAmazing mountain views
    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.
    102 days
    on Zillow
    |
    233
    |
    10
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    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#: 219130153DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR
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    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
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