965 E Vista Chino , Palm Springs, CA 92262
$1,190,000
Est. Payment: $6,174.65/mo
0.18 Acres
Status: active | Days on site: 1
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House Description

Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Four-unit Apartment Building offered for sale, providing stable income and future value-add opportunity! Building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, their 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 past few years. 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. Please note that 959 E Vista Chino (the apartment building next door) is also available.

Highlights

Listed by David Goldberg , (760) 668-4558 and Dean Liebl , (760) 668-2871 Coldwell Banker Realty , (760) 776-9898. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1988

County

Riverside

Area

332 - Central Palm Springs

Neighborhood

Desert Arches

Listing ID

219154314DA

Questions about this listing?

Contact Agent

Interior Features

Appliances:Dishwasher, Freezer, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
Air Cond:Central Air
Fireplaces:Living Room
Other:
  • ▪ Additional:Balcony

Exterior Features

Lot:Corner Lot,Lawn,Landscaped,Level,Near Public Transit,No Land Lease
Garage Capacity:8
Others:
  • ▪ Additional:Repairs Cosmetic, Updated/Remodeled, 2+ Total Units
Parking Features:Garage,Garage Door Opener,Guest,On Street
Principal Interest
$6,175
Taxes
$759

Home Price

$1,190,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$238,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,174.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,174.65 $758.63 $0.00 $6,933.28
Yearly $74,095.85 $9,103.50 $0.00 $83,199.35
Total $2,222,875.40 $273,105.00 $0.00 $2,495,980.40

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Palm Springs, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T01:30:46.000Z

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