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Martin Valle-Valencia

martinvallevalencia@gmail.com +1(714) 766-1212

$ 1,750,000

Est. payment -/mo

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2200 E Sahara RD Palm Springs, CA 92262

0.56 Acres Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Desert Park Estates (33103)

MLS Listing ID CV26129354

HOA Y/N No

Year Built 1956

Annual Tax Amount $20,304

Lot Size 0.560 Acres

Property Sub-Type Apartment

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 331 - North End Palm Springs

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Pool Community, Fenced

Community Features Dog Park, Pool

Roof Type Flat

Total Parking Spaces 10

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 501352003

Energy Description 2400.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Gisele Pinedo MARCUS & MILLICHAP #02188347

Martin Valle-Valencia

Agent

+1(714) 766-1212

Martin Valle-Valencia

2200 E Sahara RD Palm Springs, CA 92262

Key Details

Location

Interior

Exterior

Building

Others

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2200 E Sahara RD