959 East Vista Chino

Palm Springs, CA 92262

$1,362,500
Price
8
Beds
8
Baths
4,048 Sq. Ft.
$337 / Sq. Ft.
4,048
Sq. Ft.
$337
per Sq. Ft.

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 4,048 SF on...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.
  1. Listed by David Goldberg • DRE #02027373 • Coldwell Banker Realty
  2. Listed by Dean Liebl • DRE #02120220 • Coldwell Banker Realty

Property Details for 959 East Vista Chino

Architectural Style
Contemporary
Subdivision Name
Desert Arches
Carport Spaces
.00
Garage Spaces
4.00
View
Mountain(s)
Cross Street
E Vista Chino & N Avenida Caballeros
LISTING UPDATED: 11/19/2024 08:01 PM

Property Details for 959 East Vista Chino

StatusActive
MLS #219114911
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.22 AC / 9,583 SF
CountyRiverside County

Building Information for 959 East Vista Chino

Stories2Residences-Year Built1988Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for 959 East Vista Chino

Summary
Location and General Information
  • Accessibility Features: No Interior Steps
  • Community Features: Community Mailbox
  • City: Palm Springs
  • Country: US
  • Directions: Check Google Maps.Cross Streets: E. Vista Chino & N. Avenida Caballeros
  • Levels: Two
  • Area: 332 - Palm Springs Central
  • Postal Code Plus4: 3200
  • Senior Community: No
  • Unparsed Address: 959 E Vista Chino, Palm Springs, CA 92262
  • Walk Score: 0
Parking
  • Parking Features: Garage Door Opener, Guest, On Street, Total Covered Spaces
Taxes and HOA Information
  • Association Fee: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Landscaped, Level, Near Public Transit
  • Lot Size Acres: .00
  • Lot Size Square Feet: .00
  • Lot Size Area: 9,583.00
  • Lot Size Source: Assessor
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
Property and Assessments
  • Documents Count: 1
  • New Construction: No
  • Property Condition: Repair Cosmetic, Updated/Remodeled
  • Sign On Property: No
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Sewer: In Connected and Paid
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Permanent, Slab
  • Patio And Porch Features: Covered
  • Pool Features: Community, Gunite, Heated, In Ground, Safety Fence
  • Pool Private: Yes
  • Pool: Yes
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: Dishwasher, Refrigerator, Gas Range, Freezer, Vented Exhaust Fan, Disposal, Water Heater
  • Bathrooms Full: 8
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 8
  • Fireplace Features: Unknown, Living Room
  • Fireplace: Yes
  • Fireplaces Total: 4
  • Flooring: Mixed
  • Heating: Natural Gas, Central, Forced Air
  • Heating: Yes
  • Interior Features: Quartz Counters
  • Laundry Features: In Closet, In Garage
  • Living Area: 4,048.00
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas, Air Cond/Heat Main

Property History for 959 East Vista Chino

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 959 East Vista Chino

Taxable ValueLand$208,080Additions$676,260Total$884,340
Tax Record2024$11,760 ($980 / month)
Home Facts
Total Finished SqFt4,372 SqFtAbove Grade Finished SqFt4,372 SqFtStories2Lot Size9,583 SqFtStyleQuadraplexYear Built1988ZoningRRCountyRIVERSIDEAPN507-041-025

Schools near 959 East Vista Chino

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Katherine Finchy Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Desert Learning Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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959 East Vista Chino is a multi-family home for sale in Palm Springs, CA 92262. This property was listed for sale on August 3, 2024 by Coldwell Banker Realty, it's currently listed at $1,362,500. It has been on the market for a total of 110 days and was last sold on January 31, 2022. This listing's school district is Palm Springs Unified School District. Nearby schools include Katherine Finchy Elementary School, Raymond Cree Middle School and Palm Springs High School. 959 East Vista Chino is a 8-bed, 8-bath, 4,048 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, David Goldberg, DRE #02027373; Coldwell Banker Realty, Dean Liebl, DRE #02120220

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.