CA > Palm Springs > Desert Arches
Palm Springs, CA 92262,965 E Vista Chino
Palm Springs, CA 92262,965 E Vista Chino
Palm Springs, CA 92262,965 E Vista Chino
33
See all 33 photos
$1,362,500
Est. payment /mo
Save
8 BD
8 BA
4,372 SqFt
Active

965 E Vista Chino Palm Springs, CA 92262

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jason Tomei

Jason Tomei

+1(702) 802-8142

UPDATED:

11/20/2024 04:01 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,372 sqft

Price per Sqft $311

Subdivision Desert Arches

MLS Listing ID 219114912

Style Contemporary

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1988

Lot Size 7,841 Sqft

Property Description

Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its 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 last 36 months. 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.

Location

State CA

County Riverside

Area 332 - Palm Springs Central

Interior

Heating Central, Forced Air, Natural Gas

Cooling Air Conditioning, Ceiling Fan(s), Central Air

Fireplaces Number 4

Fireplaces Type Unknown, Living Room

Fireplace true

Exterior

Exterior Feature Balcony

Garage Spaces 4.0

Pool Community, Gunite, Heated, In Ground, Safety Fence

Utilities Available Cable Available

View Y/N true

View Mountain(s)

Private Pool Yes

Building

Lot Description Landscaped, Level, Corner Lot, Near Public Transit

Story 2

Entry Level Two

Sewer In, Connected and Paid

Architectural Style Contemporary

Level or Stories Two

Others

Senior Community No

Acceptable Financing 1031 Exchange, Cash, Cash to New Loan, Conventional, Submit

Listing Terms 1031 Exchange, Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

Listed by Coldwell Banker Realty

GET MORE INFORMATION

Jason Tomei

Agent | RE.S.0176035

+1(702) 802-8142

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

965 E Vista Chino