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238 S Saturmino

Palm Springs, CA 92262
  • $1,688,000
  • STATUS: Active
  • ON SITE: 217 Days
  • MLS #: CV26045532
UPDATED: 158 min ago
$1,688,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Michelle Bagi of REALTY MASTERS & ASSOCIATES (909-303-4500)


Description

Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-06T00:27:19.483. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/173624240
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238 S Saturmino Palm Springs, CA 92262

  • Price: $1,688,000
  • Status: Active
  • On Site: 217 Days
  • Updated: 158 min ago
  • MLS #: CV26045532
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1963
Built
Neighborhood:
332 - Central Palm Springs
County:
Riverside
Area:
332 - Central Palm Springs
Property Description
Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.
Exterior Features

Entry Level 1 Fencing Block Lot Features Rectangular Lot Sign On Property YN Yes

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes

Property Features

Additional Parcels YN No Cap Rate 6 Common Interest None Electric Expense 0 Gross Scheduled Income 139800 Insurance Expense 7660 Land Lease YN No Laundry Features Inside Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 ExchangeSubmit Maintenance Expense 1200 Net Operating Income 107640 Number Of Units Leased 7 Operating Expense 32160 Property Sub Type Multi Family Special Listing Conditions Standard Tax Annual Amount 12540 Trash Expense 4800 Water Sewer Expense 1800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-06T00:27:19.483. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Michelle Bagi of REALTY MASTERS & ASSOCIATES (909-303-4500)