2200 E Sahara RD, Palm Springs, CA 92262
2200 E Sahara RD, Palm Springs, CA 92262
2200 E Sahara RD, Palm Springs, CA 92262
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$1,750,000
Est. payment /mo
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4 Beds
10 Baths
5,650 SqFt
New

2200 E Sahara RD Palm Springs, CA 92262

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,650 sqft

Price per Sqft $309

Subdivision Desert Park Estates

MLS Listing ID CV26129354MR

Bedrooms 4

Year Built 1956

Annual Tax Amount $20,304

Lot Size 0.560 Acres

Acres 1.0

Property Sub-Type Multi-Family

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 entertainment destinations, Sahara Road Apartments presents investors with the opportunity to acquire a well-maintained multifamily asset offering strong in-place occupancy, desirable amenities, and long-term investment potential within a highly sought-after Palm Springs location.

Location

State CA

County Riverside

Area Palm Springs North End

Interior

Laundry Community

Exterior

Parking Features None

Garage Spaces 10.0

Pool Fenced

Community Features Dog Park

Roof Type Flat

Building

Story 1

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by MARCUS & MILLICHAP

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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2200 E Sahara RD