For Sale
$1,650,000

285 Saturmino Dr Palm Springs, CA 92262

Prime location, excellent condition, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 6-unit apartment building presents a lucrative investment opportunity in the heart of Palm Springs, California. Built in 1975, the property boasts a total of 5,100 square feet and comprises six generously sized 2-bedroom, 2-bathroom units. The complex is meticulously maintained and features desirable amenities including a gated entrance, a refreshing courtyard with an inviting walkway and a swimming pool. Residents enjoy the convenience of a shared laundry room and ample off-street parking with 9 spaces available. Situated on a corner lot in the desirable Central Palm Springs neighborhood, this property offers unparalleled convenience. Its prime location places it within easy walking distance of Palm Springs High School, various grocery stores, and public transportation routes, ensuring high occupancy rates and strong rental demand. This turnkey investment is ready for immediate income generation and presents a rare chance to acquire a well-maintained, high-performing multifamily property in a thriving California market. The property address is 285 S Saturmino Dr, Palm Springs, CA 92262. The asking price is $1,650,000.

Highlights

  • $1,650,000 asking price for a 6-unit apartment building.
  • Multifamily property located in Palm Springs, CA.
  • Six (6) two-bedroom, two-bathroom units.
  • 5,100 square feet total building size.
  • Built in 1975.

Property Details for 285 Saturmino Dr

Property type
Apartment buildings
Year Built
1975
Units
6

Location Insight

City
Palm Springs
County
Riverside
State
California
Latitude
33.8198448
Longitude
-116.5265128

FAQs

What type of property is this?
Apartment building - Prime location, excellent condition, strong rental income.
Where is the apartment building located?
The property is located at 285 Saturmino Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: $1,650,000 asking price for a 6-unit apartment building.; Multifamily property located in Palm Springs, CA.; Six (6) two-bedroom, two-bathroom units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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285 Saturmino Dr
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