2200 E Sahara Road, Palm Springs, CA 92262
2200 E Sahara Road, Palm Springs, CA 92262
2200 E Sahara Road, Palm Springs, CA 92262
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$1,750,000
Est. payment /mo
1 Bed
4 Baths
0.56 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Desert Park Estates (33103)

MLS Listing ID CV26129354

Bedrooms 1

Lot Size 0.560 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present Sahara Road Apartments, a 10-unit multifamily investment opportunity located at 2200 E Sahara Road in the desirable Desert Park Estates neighborhood of Palm Springs, California. Situated on an expansive 0.57-acre lot, the property offers investors the opportunity to acquire a stabilized, pride-of-ownership asset in one of the Coachella Valley's most established and desirable rental markets. Sahara Road Apartments consists of (4) one-bedroom / one-bathroom units and (6) studio units and is 100% occupied. The community features desirable single-story construction, attractive open floor plans, and well-maintained interiors that have been updated throughout the years of ownership. This true pride-of-ownership asset offers investors a stabilized investment opportunity with strong occupancy and an attractive resident environment. Residents enjoy a highly amenitized living environment featuring a swimming pool, gated dog park area, lush landscaped grounds, and an on-site laundry facility. Additionally, seven units feature private grass yards and three units feature private patios, further enhancing tenant appeal. The property is individually metered for electricity, while ownership currently pays water, sewer, trash, and gas. Additional operational features include two water heaters and a variety of electric cooling systems throughout the property, including central air conditioning, mini-split systems, and wall-mounted A/C units. Ideally located near Downtown Palm Springs, Palm Springs International Airport, major retail corridors, restaurants, and enter

Location

State CA

County Riverside

Zoning Public Rec

Direction East on Vista Chino, left on Cerritos Rd, right on Sahara Rd. Property is located at the northeast corner of Cerritos Rd and Sah

Interior

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 501352003

Acceptable Financing Cash

Listing Terms Cash


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MLS Router / San Diego MLS
Listed by Gisele Pinedo, DRE#02188347 MARCUS & MILLICHAP 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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2200 E Sahara Road