965 E Vista Chino Palm Springs, CA 92262
Listing Courtesy of: Desert Area MLS / Coldwell Banker Realty / David Goldberg / Dean Liebl

  965 E Vista Chino Palm Springs, CA 92262

Active (5 Days)
$1,195,000
8
BED
8
BATH
4,372
SQFT

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.

MLS #:
219130153
Type
Multifamily
Year Built
1988
Style
Contemporary
Views
Mountain(s)
County
Riverside County

Listed By

David Goldberg, DRE #02027373 CA, Coldwell Banker Realty
Dean Liebl, DRE #02120220 CA, Coldwell Banker Realty
Source
Desert Area MLS
Last checked May 20 2025 at 9:17 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 8
Interior Features
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Freezer
  • Gas Range
  • Refrigerator
  • Washer
Subdivision
  • Desert Arches
Lot Information
  • Landscaped
  • Level
  • Corner Lot
  • Near Public Transit
Property Features
  • Fireplace: Unknown
  • Fireplace: Living Room
  • Foundation: Permanent
  • Foundation: Slab
Heating and Cooling
  • Central
  • Forced Air
  • Natural Gas
  • Air Conditioning
  • Ceiling Fan(s)
  • Central Air
Pool Information
  • Community
  • Gunite
  • Heated
  • In Ground
  • Safety Fence
Flooring
  • Mixed
Utility Information
  • Sewer: In, Connected and Paid
Parking
  • Garage Door Opener
  • Guest
  • On Street
  • Total Covered Spaces
Living Area
  • 4,372 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Copyright 2025 Desert Area MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/20/25 14:17