965 E Vista Chino
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1988
- Lot size
- 7,841 sq ft
- Parking
- 8 spaces
- Garage
- 4 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Architectural style
- Contemporary
Features & Amenities
Interior
- Balcony
Appliances
- Dishwasher
- Freezer
- Disposal
- Gas Range
- Refrigerator
- Vented Exhaust Fan
- Water Heater
Parking
- Garage
- Garage Door Opener
- Guest
- On Street
Pool
- Community
- Gunite
- Electric Heat
- In Ground
Lot
- Corner Lot
- Lawn
- Landscaped
- Level
- Near Public Transit
Community, Schools & Utilities
Community
- Subdivision
- Desert Arches
- Fireplace
- Yes
- Private pool
- Yes
- View
- Mountains
Utilities
- Heating
- Central,ForcedAir,NaturalGas
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 965 E Vista Chino
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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