225 W Vista Chino - Apartments FOR SALE


Palm Springs, CA 92262- Vista Las Palmas
$1,895,000 USD
310-704-2274
225 W Vista Chino, Palm Springs, CA for Sale
$1,895,000 USD
Apartments - FOR SALE
1/6
null | 4.5% Cap Rate

225 W Vista Chino
Palm Springs, CA 92262
Vista Las Palmas


HIGHLIGHTS

  • Classic Mid Century "Spanish Villa" Style Architecture
  • High Demand Rental Area
  • Attractive unit mix consisting of 3-1 +1's and 5 Studio's
  • All remodeled and/or updated units with private patio's
  • On site parking for 8 cars

OVERVIEW

Classic "Spanish Villa" Style 8 Unit Apartment building set against the Majestic San Jacinto Mountains. Individually metered for electric, possibly master metered for gas with several individual hot water heaters dispersed among the three single story structures. Property is located in the highly desirable and much coveted residential neighborhood between Vista Las Palmas and Chino Canyon area. Attractive remodeled units consisting of 3 - 1 bedroom 1 bath apartments plus 5 Studio apartments varying in size and configuration all with kitchen facilities. The Vista Chino property can be purchased separately or together with the adjacent 7 -unit apartment building located at 222 Via Sol.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$504 USD /SF

# OF UNITS

8

PRICE/UNIT

$236,875

CAP RATE

4.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R2

APN/PARCEL ID

505-162-003

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.