Share this with your friends
+17604096789
Equity Union
965 E Vista Chino, Palm Springs, CA 92262
- $1,190,000
- 8
- BD
- 8
- BA
- 4,372
- SqFt
- List Price
- $1,190,000
- MLS#
- 219154314DA
- Year Built
- 1988
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 4,372
- Lot Size
- 7,841
- Lot Location
- Corner Lot, Near Public Transit
- Days on Market
- 29
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- 2
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. Please note that 959 E Vista Chino (the apartment building next door) is also available.
/u.realgeeks.media/michaelstray2/michael-profile.jpeg)
Additional Information
- Lot Description
- Landscaped, Lawn, Lot-Level/Flat, Single Lot, Storm Drains, Street Public, Utilities Underground
- Kitchen Features
- Laminate Counters
- Pool
- Yes
- Pool Description
- Community, Gunite, Heated, In Ground, Safety Fence
- Heat
- Central, Forced Air, Natural Gas
- Cooling
- Air Conditioning, Ceiling Fan, Central
- View
- Mountains
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Door Opener, On street, Parking for Guests
- Garage Spaces Total
- 4
- Water
- Mutual Water Source, Water District
What's Your Home Worth?
Thinking of selling or interested in learning about a neighbor's house? We can help you see what it's worth.
Mortgage Calculator
Courtesy of Coldwell Banker Realty, David Goldberg - CA DRE#02027373
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).