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For Sale

$1,275,000

11,761 sqft$108/sqft249 days on market

1900 E Baristo Road

Palm Springs, CA 92262

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

11,761

Square feet

1970

Built

Listing narrative

Description

Baristo Apartments is a 7-unit multifamily investment property located at 1900 E Baristo Road in Palm Springs, California. Situated on a corner lot at the intersection of Baristo Road and S. Saturmino Drive, the property is located within the desirable Sunrise Park submarket of Palm Springs. Built in 1970, the property consists of approximately 5,231 square feet of rentable building area situated on a 11,761 square foot R-2 zoned lot. The unit mix includes one studio, five one-bedroom / one-bathroom units, and one three-bedroom / two-and-a-half-bathroom unit. The property offers 7 open parking spaces, a community pool and a shared laundry room. Units 1 and 6 feature individual in-unit washer and dryer hookups. The property benefits from its proximity to Palm Springs High School, the public library, downtown Palm Springs retail and Dining, and Palm Springs International Airport. The surrounding area is characterized by established residential neighborhoods, strong year-round rental demand, and Palm Springs’ continued appeal as a resort destination and short-term rental market (subject to local regulations). The corner lot positioning provides added visibility, access, and overall curb appeal. 1900 E Baristo Road presents investors with the opportunity to acquire a well-located, income-producing asset within one of Southern California’s most established resort markets. Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property. For Further Information, Please Contact the Listing Agents.

Listing agent (MLS): Gisele Pinedo · Listing brokerage (MLS): MARCUS & MILLICHAP

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,275,000

Beds

Beds n/a

Type

Condo

Home Size

11,761 sqft

Baths

Baths n/a

Lot Size

0.27 acres

Year

1970

Neighborhood

Sunrise Park

Status

For Sale

Days on Market

249

$ / Sqft

$108

· 8% down, 7% APR, 30yr fixed
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Courtesy of MARCUS & MILLICHAP