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33548194
33548219

2200 E Sahara Road, Palm Springs, CA 92262

GP
CA CA 02188347
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire
$1,750,000
26 days on market
Updated 25 days ago

Sahara Road Apartments

Details
APN 501352003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,650
Units 10
Cap Rate 5.62%
NOI $98,413
Occupancy 100%
Tenancy Multi
Price per SqFt $310
Year Built 1956
Buildings 3
Stories 1
Acreage 0.560
Zoning Public Rec
Parking Spaces 10 spaces
Parking per 1,000 SqFt 1.77
Investment Type Stabilized

Multifamily | 10 Units | $175,000/unit

Marketing description

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 enter

Investment highlights

  • A 10-unit multifamily investment opportunity located in the desirable Desert Park Estates neighborhood of Palm Springs
  • Situated on an expansive ±0.57-acre lot (approximately 24,800 square feet).
  • Desirable unit mix consisting of (4) one-bedroom / one-bathroom units and (6) studio units. Seven units feature private grass yards and three units feature private patios.
  • 100% occupied pride-of-ownership asset offering a stabilized investment opportunity.
  • Single-story community featuring attractive open floor plans and well-maintained interiors with updates completed throughout ownership.
  • Resort-style amenities include a swimming pool, gated dog park area, lush landscaped grounds, and an on-site laundry room.
  • Individually metered for electricity; ownership currently pays water, sewer, trash, and gas; property is served by two water heaters.
  • Conveniently located near Downtown Palm Springs, Palm Springs International Airport, shopping, dining, and entertainment amenities.
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Listing Contacts

GP
CA CA 02188347
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$98,413.00
$8,201.08/mo

Valuation Metrics

0
DSCR
5.62%
Cap Rate
5.62%
ROI

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Zoning

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R-1-C ResidentialSingle FamilySingle Family Residential Zone Ten Thousand Square Feet
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Gisele Pinedo
License
CA 02188347
Brokerage Phone
9094563477
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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