Under contract
  • Listing Provided by: 

    David Goldberg DRE #02027373 760-668-4558,

    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
    $1,121,700 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.
    158 days
    |
    228
    |
    13
    |
    • Loading