2200 E Sahara Road, Palm Springs, CA, 92262

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$1,750,000
98 Days On Site

2200 E Sahara Road
Palm Springs, CA 92262

For Sale|Apartment|Active
0
Beds
0
Total Baths
5,650
SqFt
$310
/SqFt
1956
Built
Subdivision:
Desert Park Estates (33103)
County:
Riverside
Listed by Gisele Pinedo of MARCUS & MILLICHAP gisele.pinedo@marcusmillichap.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
2200 E Sahara Road2200 E Sahara Road2200 E Sahara Road2200 E Sahara Road
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Monthly Payment (Est.)

$7,984
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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.

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Listing Snapshot
Price 
$1,750,000
Days On Site 
98 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,650 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.56 Acres
Year Built 
1956
MLS® Number 
CV26129354
Status 
Active
Property Tax 
$20,304
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen on site
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.56
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
None
Parking Spaces 
10
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5650
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
CommunityFenced
Roof 
Flat
Community Features
Association Amenities 
Dog Park
Community Features 
Pool
MLS Area 
331 - North End Palm Springs
Financing Terms Available 
Cash
Building Access 
1


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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