Properties
Palm Springs, CA 92262 238 S Saturmino
$1,688,000
23 more
Presented By: Michelle Bagi with REALTY MASTERS & ASSOCIATES; 909-642-0201
Baths • 6
SQFT • 5,733
Home Details
Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.
Presented By: Michelle Bagi with REALTY MASTERS & ASSOCIATES; 909-642-0201
Interior Features for 238 S Saturmino
Other Interior Features
Air Conditioning Y/NYes
Laundry FeaturesInside
Total Stories1
Other Rooms
Entry Level1
General for 238 S Saturmino
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6
CityPalm Springs
CoolingWall/Window Unit(s)
CountyRiverside
Current UseMulti-Family
DirectionsNorth S Palm Canyon Dr. turn east on E Baristo Rd. turn south onto S Saturmino Dr. Complex on the right.
Electric Expense
Insurance Expense7660
Land Lease Y/NNo
Lease Considered Y/NNo
Listing TermsCash, 1031 Exchange, Submit
Lot Size Square Feet13939
Lot Size UnitsSquare Feet
MLS Area332 - Central Palm Springs
MaintenanceExpense1200
Net Operating Income107640
Number Of Units Total7
Number of Units Leased7
Occupancy TypeTenant
Operating Expense32160
PostalCityPALM SPRINGS
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount12540
Trash Expense4800
Water Sewer Expense1800
Year Built1963
Year Built SourceOther
Exterior for 238 S Saturmino
Building Area Total5733
FencingBlock
Lot FeaturesRectangular Lot
Lot Size Acres0.32
Lot Size Area13939
Number of Buildings1
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
