$1,195,000

965 E Vista Chino Palm Springs, CA 92262

El Mirador Neighborhood

Estimated payment $7,200/month

Total Views 6,434
8 Beds
8 Baths
4,372 Sq Ft
$273 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Property is near public transit
  • Palm Springs High School Rated A-
  • Contemporary Architecture
  • Living Room with Fireplace

About This Home

Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Four-unit Apartment Building offered for sale, providing stable income and future value-add opportunity! Building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, their own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,372 SF on a 7,841 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the past few years. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.

Listing Agent

David Goldberg

Coldwell Banker Realty License #02027373 Listed on: 05/15/2025

Coldwell Banker Realty

Co-Listing Agent

Dean Liebl

Coldwell Banker Realty License #02120220

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Lawn

Home Design

  • Contemporary Architecture
  • Permanent Foundation
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 4,372 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Area
  • Mountain Views

Kitchen

  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Shared Water Source
  • Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near public transit

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 507041026

Community Details

Overview

  • 4 Units
  • Desert Arches Subdivision

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,871
  • Gross Income $7,211
  • Net Operating Income $63,421

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 4
  • Building Style: Contemporary
  • Disability Access: No Interior Steps
  • List Price per Sq Ft: 273.33
  • View Type: Mountain(s)
  • Water District Name: DWA
  • Year Built: 1988
  • Co Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 776-1666
  • Internal Listing I D: 20250515230756495217000000
  • Listing I D: 219130153
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • List Office Board Code: California Desert Association of Realtors
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Desert Arches
  • Unit Information Number Of Units Leased: 4
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Exhaust Fan, Washer, Refrigerator, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Number Of Disposals: 4
  • Number of Ranges: 4
  • Fireplace Features: Unknown
  • Flooring: Mixed
  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Kitchen Features: Laminate Counters, Quartz Counters
  • Laundry Equipment: Own
  • Laundry: In Closet, In Garage
  • Estimated Sq Ft: 4372.00

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Foundation: Slab, Permanent
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: Gunite, In Ground
  • Pool Description: Community, In Ground, Heated, Gunite
  • Pool Location: Community
  • View: Yes
  • Numberof Patios: 6
  • Paved: Yes

Garage/Parking

  • Parking: On Street, Garage Door Opener, Guest
  • Parking Info Total Covered Spaces: 4.00
  • Parking Info Total Garage Spaces: 4.00
  • Parking Info Total Parking Spaces: 8.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 4
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Mutual Water Source, Water District
  • Water Heater Feature: Water Heater Unit
  • Number Gas Meter: 4
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Community Features: Community Mailbox, Curbs, Street Lighting, Sidewalks

Lot Info

  • Assessor Parcel Number: 507041026
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Lawn, Utilities Underground, Storm Drains, Street Public, Single Lot, Level, Landscaped
  • Lot Location: Corner Lot, Near Public Transit
  • Lot Size: 7841.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Air Cond/Heat Main, Gas, Electricity, Cable TV
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 4
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Rented Garages: 4
  • Total Units: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,049 $822,646 $162,364 $660,282
2023 $11,049 $790,704 $156,060 $634,644
2022 $11,253 $775,200 $153,000 $622,200
2021 $6,832 $433,440 $164,181 $269,259
2020 $6,574 $428,997 $162,498 $266,499
2019 $6,478 $420,586 $159,312 $261,274
2018 $6,376 $412,340 $156,189 $256,151
2017 $6,296 $404,256 $153,127 $251,129
2016 $6,142 $396,330 $150,125 $246,205
2015 $5,836 $390,378 $147,871 $242,507
2014 $5,678 $382,732 $144,975 $237,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 For Sale $1,195,000 -- $273 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $760,000 First American Title Company
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Corporate Deed -- Fidelity National Title Co
Grant Deed $172,500 American Title Co
Trustee Deed $175,000 Fidelity National Title
Grant Deed $285,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $524,250 New Conventional
Previous Owner $200,000 Commercial
Previous Owner $176,250 Commercial
Previous Owner $228,000 Commercial
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219130153

California Desert Association of REALTORS®

APN: 507-041-026

California Riverside County Palm Springs 92262 El Mirador

965 E Vista Chino, Palm Springs, CA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
David Goldberg
Section Image
Coldwell Banker Realty
(442) 379-1196