965 E Vista Chino, Palm Springs, CA 92262
$1,190,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
8
Square Footage:
4,372
Status:
Active
Current Price:
$1,190,000
List Date:
5/19/2026
Last Modified:
5/19/2026
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.
More Information MLS# 219148045
Listing, Location and Property Info
New Construction: No
Entry Date: 2026-05-18
Land Type: Fee
General Property Information
Total Units: 4
SqFt Source: Assessor
Fireplace: Yes
Building # of Stories: 2
Total Fireplaces: 4
Pool: Yes
Paved: Yes
Total Bedrooms: 8
Full Baths: 8
Total Baths: 8
Approx SqFt: 4372
Lot Size: 7841
Lot Size Source: Assessor
Year Built: 1988
Cross Streets: East Vista Chino & North Avenida Caballeros
Listing Info
Number of Buildings: 1
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Own
Elevator: No
Tax Info
Tax Mello Roos: No
Property Info
View: Yes
Senior Community: No
Gated Community: No
Counts
# Electric Meters: 4
# Gas Meter: 4
# of Dishwashers: 4
# of Disposals: 4
# of Patios: 6
# of Ranges: 4
# of Refrigerators: 4
# of Rented Garages: 4
# Water Meters: 1
Income & Expenses
Annual Gross Rent $: 86532
Monthly Gross Income $: 7211
Net Operating Income $: 63421
Expense Management $: 9000
Insurance $: 2871
Total Annual Operating Expenses $: 23111
Total Taxes $: 11240
Owner Pays
Water: 1
Other: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Air Cond/Heat Main: 1
Community Features
Community Mailbox: 1
Curbs: 1
Sidewalks: 1
Street Lighting: 1
Sale Type
Standard: 1
Road Surface Type
Paved: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Cash to New Loan: 1
Conventional: 1
Submit: 1
Possession
Close Of Escrow: 1
Parking Spaces/Information
Total Covered Spaces: 4
Total Uncovered/Assigned Spaces: 0
Lot Description
Landscaped: 1
Lawn: 1
Level: 1
Single Lot: 1
Storm Drains: 1
Street Public: 1
Utilities Underground: 1
Lot Location
Corner Lot: 1
Near Public Transit: 1
View Type
Mountain(s): 1
Other Structural Features
Balcony: 1
Property Condition
Repair Cosmetic: 1
Updated/Remodeled: 1
Irrigation
Sprinkler System: 1
Sprinkler Timer: 1
Disclosures
Easements: 1
Homeowners Association: 1
Building Style
Contemporary: 1
Levels
Two: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Exhaust Fan: 1
Freezer: 1
Gas Range: 1
Refrigerator: 1
Washer: 1
Range Hood
Yes: 1
Kitchen Features
Laminate Counters: 1
Quartz Counters: 1
Exterior Construction
Stucco: 1
Foundation
Permanent: 1
Slab: 1
Flooring
Mixed: 1
Cooling Type
Air Conditioning: 1
Ceiling Fan(s): 1
Central Air: 1
Pool Location
Community: 1
Pool Accessories
Safety Fence: 1
Pool Construction
Gunite: 1
In Ground: 1
Pool Description
Community: 1
Gunite: 1
Heated: 1
In Ground: 1
Heating
Central: 1
Forced Air: 1
Heating Fuel
Natural Gas: 1
Fireplace Location
Living Room: 1
Fireplace Features
Unknown: 1
Rooms
Dining Area: 1
Living Room: 1
Interior Features
Living Room Balcony: 1
TV Services
Cable TV: 1
Laundry
In Closet: 1
In Garage: 1
Security Safety
None: 1
Disability Access
No Interior Steps: 1
Patio Features
Covered: 1
Sewer
In, Connected and Paid: 1
Water
Mutual Water Source: 1
Water District: 1
Water District Name: DWA
Water Heater Feature
Water Heater Unit: 1
Parking
Garage Door Opener: 1
Guest: 1
On Street: 1
Unit Information
Number of Units Leased: 4
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 507041026
Status: Active
Listing Date: 2025-05-15
Original List Price: 1190000
List Price: $1,190,000
Current Price: $1,190,000
Street #: 965
Street Direction: E
Street Name: Vista Chino
County: Riverside
State: CA
Zip Code: 92262
Area: 332 - Palm Springs Central
Country: US
Status Change Info
Status Change Date: 2026-05-18
Parking SpacesInformation
Total Garage Spaces: 4
Total Parking Spaces: 8
Property Features
Owner Pays: Water; Other
Tenant Pays: Air Cond/Heat Main; Cable TV; Electricity; Gas
Sale Type: Standard
Listing Terms: 1031 Exchange; Cash; Cash to New Loan; Conventional; Submit
Possession: Close Of Escrow
Lot Description: Landscaped; Lawn; Level; Single Lot; Storm Drains; Street Public; Utilities Underground
Lot Location: Corner Lot; Near Public Transit
View Type: Mountain(s)
Other Structural Features: Balcony
Property Condition: Repair Cosmetic; Updated/Remodeled
Irrigation: Sprinkler System; Sprinkler Timer
Disclosures: Easements; Homeowners Association
Community Features: Community Mailbox; Curbs; Sidewalks; Street Lighting
Building Style: Contemporary
Levels: Two
Appliances: Dishwasher; Disposal; Dryer; Exhaust Fan; Freezer; Gas Range; Refrigerator; Washer
Range Hood: Yes
Kitchen Features: Laminate Counters; Quartz Counters
Exterior Construction: Stucco
Foundation: Permanent; Slab
Flooring: Mixed
Cooling Type: Air Conditioning; Ceiling Fan(s); Central Air
Pool Location: Community
Pool Accessories: Safety Fence
Pool Construction: Gunite; In Ground
Pool Description: Community; Gunite; Heated; In Ground
Heating: Central; Forced Air
Heating Fuel: Natural Gas
Fireplace Location: Living Room
Fireplace Features: Unknown
Rooms: Dining Area; Living Room
Interior Features: Living Room Balcony
TV Services: Cable TV
Laundry: In Closet; In Garage
Security Safety: None
Disability Access: No Interior Steps
Patio Features: Covered
Sewer: In, Connected and Paid
Water: Mutual Water Source; Water District
Water Heater Feature: Water Heater Unit
Parking: Garage Door Opener; Guest; On Street
Road Surface Type: Paved
Land Lease Type: Fee Simple
Listing Office:
Coldwell Banker Realty
Listing Agent:
David Goldberg
Last Updated: May - 19 - 2026
Information deemed reliable but not guaranteed.
