2200 E Sahara Road Palm Springs, CA $ 1,750,000
2200 E Sahara Road
$ 1,750,000
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2200 E Sahara Road

Palm Springs, CA, 92262
$ 1,750,000
Baths1.0 Sq 5,650

Monthly Estimate*

$ 10,775

Listed by MARCUS & MILLICHAP
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Studio

Multi-Family Home for sale in Palm Springs, CA

for $1,750,000 with 1 full bath. This 5,650 square foot home was built in 1956 on a lot size of 0.56.

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 entertainment destinations, Sahara Road Apartments presents investors with the opportunity to acquire a well-maintained multifamily asset offering strong in-place occupancy, desirable amenities, and long-term investment potential within a highly sought-after Palm Springs location.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 20,304

Style

Lot Size

0.56

Year Built

1956

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

CV26129354

Days on Market

2

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Roof Flat
HOA Fee 0
Garage Spaces 0
Pool Features Community Fenced
Year Built 1956
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 153803
Community Features Dog Park Pool
County Riverside
Net Operating Income 98413
Operating Expense 52275
Insurance Expense 2431
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 5000
Subdivision Name Desert Park Estates (33103)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East on Vista Chino left on Cerritos Rd right on Sahara Rd. Property is located at the northeast corner of Cerritos Rd and Sahara Rd.
City Palm Springs
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 10
MLS Area 331 - North End Palm Springs
Lot Size Units Square Feet
Lot Size Square Feet 24393
Number of Units Leased 10
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 20304
Electric Expense 2400
Fuel Expense 2400
Trash Expense 3360
Water Sewer Expense 3900
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 79
Total Actual Rent 12817
Property Sub Type Additional Apartment
Taxes 20304
Cap Rate 5.62
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Interior
Total Stories 1
Common Walls 2+ Common Walls No One Above
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features None
Lot Features 11-15 Units/Acre
Water Source Public
Total Parking 10
Lot Size Area 24393
Number of Buildings 3
Building Area Total 5650
Lot Size Acres 0.56
Private Pool false
Lot Size Source Public Records
Pool Charge 4200
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 10
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* Excluded Features
List By
Marcus & Millichap

Broker

gisele.pinedo@marcusmillichap.com

Email

Affordability Calculator

$12,467
Per Month
86%
14%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
$1,692
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2026$1,750,000 Listed Price

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2200 E Sahara Road, Palm Springs, CA, 92262 is a Multi-Family Home for sale at $1,750,000 with 5,650 sqft and a lot size of 0.56. 2200 E Sahara Road is a studio with 1.0 baths and was built in 1956. The property's zip code is 92262 which is in Palm Springs, CA