965 Vista Chino, Palm Springs, CA 92262
  • MLS#: 219130153DA ( Multi-Family )
  • Street Address: 965 Vista Chino
  • Viewed: 1
  • Price: $1,195,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1988
  • Bldg sqft: 0
  • Days On Market: 61
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Springs
  • Zipcode: 92262
  • Subdivision: Desert Arches
  • Provided by: Coldwell Banker Realty
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Property Type
  1. Multi-Family