Properties

Palm Springs, CA 92262 965 E Vista Chino

965 E Vista Chino Palm Springs, CA - Image 1965 E Vista Chino Palm Springs, CA - Image 2965 E Vista Chino Palm Springs, CA - Image 3
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Presented By: David Goldberg with Coldwell Banker Realty;
  • MLS# 219130153DA
  • 05/15/2025
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  • Garage • 4

Home Details

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.
Presented By: David Goldberg with Coldwell Banker Realty;

Interior Features for 965 E Vista Chino

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Fireplace FeaturesLiving Room
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesBalcony
Total Stories2

General for 965 E Vista Chino

AppliancesDishwasher, Freezer, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
Architectural StyleContemporary
Carport Spaces
CityPalm Springs
Community FeaturesPool
CoolingCentral Air
CountyRiverside
DirectionsSee Google Maps
DisclosuresEasement(s), HOA Disclosure
Garage Spaces4
Garage Y/NYes
HOA Fee$
HeatingCentral, Forced Air, Natural Gas
Insurance Expense2871
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Lot Size Square Feet7841
Lot Size UnitsSquare Feet
MLS Area332 - Central Palm Springs
Net Operating Income63421
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces0
Pool FeaturesCommunity, Gunite, Electric Heat, In Ground
PossessionClose Of Escrow
PostalCityPALM SPRINGS
Property Attached Y/NYes
Property ConditionRepairs Cosmetic, Updated/Remodeled
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameDesert Arches
Tenant PaysCable TV, Electricity, Gas
ViewMountain(s)
Year Built1988
Year Built SourceAssessor

Exterior for 965 E Vista Chino

Foundation DetailsPermanent, Slab
Lot FeaturesCorner Lot, Lawn, Landscaped, Level, Near Public Transit
Lot Size Acres0.18
Lot Size Area7841
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesGarage, Garage Door Opener, Guest, On Street
Private PoolYes
SpaNo
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,192,500
MLS#219130153DA
List Date 05/15/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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