959 E Vista Chino, Palm Springs, CA 92262 - Berkshire Hathaway HomeServices California Properties

959 E Vista Chino, Palm Springs, CA 92262

$1,295,000 Approx. USD 0 beds, 0 baths

Listing Agent


David Goldberg | david.ari@me.com
Lic#: 02027373
Broker: Courtesy of Coldwell Banker Realty

Co Listing Agent


Dean Liebl | dean@davidanddean.com
Lic#: 02120220
Broker: Courtesy of Coldwell Banker Realty

Agent Remarks

Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,048 SF on a 9,583 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 last 36 months. 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 219114911DA
List price is $1,295,000 Reduced by $54,000 on 1/17/2025
Price: $1,295,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Living Room fireplaces
Built in 1988
2 stories
0.22 acres
Lot size: 0.2200
Subdivision: Desert Arches
County: Riverside
Property style: Contemporary
Interior features: Balcony
Appliances: Dishwasher,Freezer,Disposal,Gas Range,Refrigerator,Vented Exhaust Fan,Water Heater
Parking description: Garage,Garage Door Opener,Guest,On Street
Lot description: Lawn,Landscaped,Level,Near Public Transit,Paved
Heating/cooling: Central Air
Heating description: Central,Forced Air,Natural Gas
MLS area: 332 - Central Palm Springs

Last Updated: 2/4/2025

 Days On Market (DOM): 232

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This listing belongs to the 332 - Central Palm Springs MLS area

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The style of this listing is Contemporary.
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Lat/Long: 33.844589, -116.537513.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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