959 E Vista Chino, Palm Springs, CA 92262
Local realty services provided by:Better Homes and Gardens Real Estate Champions
959 E Vista Chino,Palm Springs, CA 92262
$1,195,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: david goldberg, dean liebl
Office: coldwell banker realty
MLS#:219138642DA
Source:CRMLS_CDAR
Price summary
- Price:$1,195,000
About this home
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 4,048 SF on a 9,583 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.
Contact an agent
Home facts
- Year built:1988
- Listing ID #:219138642DA
- Added:599 day(s) ago
- Updated:December 23, 2025 at 12:18 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace, Forced Air, Natural Gas
Structure and exterior
- Year built:1988
- Lot area:0.22 Acres
Finances and disclosures
- Price:$1,195,000
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