222 W Via Sol - Apartments FOR SALE


Palm Springs, CA 92262- Vista Las Palmas
$1,749,000 USD
310-704-2274
222 W Via Sol, Palm Springs, CA for Sale
$1,749,000 USD
Apartments - FOR SALE
1/5
null | 4.41% Cap Rate

222 W Via Sol
Palm Springs, CA 92262
Vista Las Palmas


HIGHLIGHTS

  • Classic Mid Century Modern Architecture
  • Individually Metered for Utilities
  • 5 of the 7 units have been meticulously remodeled
  • Approximately 12% upside in rents
  • Off Street Parking for 9 cars

OVERVIEW

Classic Palm Springs Mid Century Modern 7-unit apartment building set against the Majestic San Jacinto Mountains. Property is located in the highly desirable and much coveted residential neighborhood of Vista Las Palmas - Chino Canyon area. In addition to the 5 - 1 bedroom 1 bath units, there is a very spacious freestanding 2 bedroom 2 bath apartment and another spacious freestanding 1 bedroom 1 bath unit overlooking the common area pool. Onsite laundry room owned by the building provide free washer and dryer for the tenants. The Via Sol property can also be purchased with the adjacent 8 unit parcel located at 225 Vista Chino.

FOR SALE DETAILS

PRICE

$1,749,000 USD

PRICE/SF

$368 USD /SF

# OF UNITS

7

PRICE/UNIT

$249,857

CAP RATE

4.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,354 SF

ZONING

R2, Palm Springs

APN/PARCEL ID

505-162-004

ASK ABOUT THIS PROPERTY

Alan WachmanMiller & Desatnik Realty Corp.More Info
310-704-2274

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Alan WachmanMiller & Desatnik Realty Corp.More Info
310-704-2274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.