959 East Vista Chino
$1,362,500
8
8
4,048
4,048
$337
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.
- Listed by David Goldberg • DRE #02027373 • Coldwell Banker Realty
- Listed by Dean Liebl • DRE #02120220 • Coldwell Banker Realty
Property Details for 959 East Vista Chino
Architectural Style
Contemporary
Subdivision NameDesert Arches
Carport Spaces.00
Garage Spaces4.00
ViewMountain(s)
Cross StreetE Vista Chino & N Avenida Caballeros
LISTING UPDATED: 11/19/2024 08:01 PM
Property Details for 959 East Vista Chino
Status | Active |
---|---|
MLS # | 219114911 |
Days on Market | 110 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1988 |
Lot Size | 0.22 AC / 9,583 SF |
County | Riverside 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
Property History for 959 East Vista Chino
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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