Refine Search
Map
Sort by
$1,750,000
CV26129354 MLS ⋅ Active Status
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.

2200 E Sahara Road, Palm Springs
$295,000
1 Beds ⋅ 1 Baths ⋅ 26665279PS MLS ⋅ Active Status
ALL UTILITIES INCLUDED! Here is your chance to craft a custom Palm Springs escape in one of the desert's most celebrated communities. The iconic Ocotillo Lodge is a mid-century masterpiece designed by renowned architects William Krisel and Dan Palmer in 1957. Nestled on 10 acres of prime South Palm Springs fee simple land (you own the land), this upstairs condo offers a blank canvas to create your dream desert retreat. Delivered mostly furnished, this unit is ready for your personal touch to reimagine its 1957 charm with modern flair. Enjoy the unparalleled lifestyle of Ocotillo Lodge, where HOA dues cover it all: water, electric, Wi-Fi, cable, trash, pool, spa, clubhouse, and gym. Perfect for those seeking a vacation home or investment property, this community allows short-term rentals, making it an ideal choice for the savvy buyer. Savor the retro vibe of this Alexander Company gem, surrounded by the mid-century architecture and allure of the adjacent Twin Palms neighborhood. Don't miss your chance to invest in this legacy. The Ocotillo Lodge is a Class 1 Historic District in the City of Palm Springs, offering owners eligibility to apply for a Mills Act Contract.

1111 E Palm Canyon Drive Unit 225, Palm Springs

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.