$ 1,190,000
-
$1,190,000
Price -
0.18
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing oD2168 - D81408,d85543
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. Please note that 959 E Vista Chino (the apartment building next door) is also available.
Listing Highlights for 965 E Vista Chino
Interior Details
- Appliances: Dishwasher, Freezer, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
- Air Cond: Central Air
- Heating: Central,Forced Air,Natural Gas
- Fireplaces: Living Room
- Floor:
- Basement:
- Other: Balcony
- Water:
Exterior Details
- Lot Description: Corner Lot,Lawn,Landscaped,Level,Near Public Transit,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Roof:
- Others: Repairs Cosmetic,Updated/Remodeled,2+ Total Units
- Sewer:
- Parking Features: Garage,Garage Door Opener,Guest,On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 507041026
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
965 E Vista Chino Palm Springs, CA 92262
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
