Millman Team Real Estate

$1,195,000
0.22 Acre Lot

959 E Vista Chino, Palm Springs, California 92262

  • Residential Income Property Type
  • Garage Cars Garage
  • 1988 Year Built
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 4,048 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.

Basic Details
Residential Income
For Sale
219137364DA
$1,195,000
Mountain(s)
1988
0.22 Acre
Active Under Contract
1
Features
: Gunite, Community, In Ground, Electric Heat
: Central, Forced Air, Natural Gas
: Central Air
: Living Room
: Garage, Garage Door Opener, Guest, On Street
: Contemporary
: Balcony
1
$0
Appliances
: Dishwasher, Gas Range, Disposal, Refrigerator, Water Heater, Vented Exhaust Fan, Freezer
Address Map
CA
Riverside
Palm Springs
Desert Arches
92262
Vista Chino
959
Check Google Maps.Cross Streets: E. Vista Chino & N. Avenida Caballeros
332 - Central Palm Springs
E
Additional Information
$0
$0
$0
$0
$0
: Pool
: Slab, Permanent
4.0
: Two
: Landscaped, Lawn, Level, Near Public Transit
4
2025-10-21
2
2
Broker/Agent Information
Coldwell Banker Realty
David Goldberg
Listing Information
Dean Liebl
CDAR-d85543
CDAR-o D2168
Coldwell Banker Realty
CDAR-D81408
CDAR-oD2168
Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
Active Under Contract
2025-11-01T05:32:59Z
CRMLS
: Standard
2025-10-20T22:00:00Z
Agent info
Ray Millman
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