$1,750,000
2200 E Sahara Road, Palm Springs CA 92262
Multi-Family (10 Units)
Property type
1 day
On market
$310
Price per sqft
0 cars
Garage
1956
Year built
24,393 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Gisele Pinedo DRE #02188347, MARCUS & MILLICHAP
Listing updated: Jun 13, 2026 at 08:27pm.
Last checked: Jun 13, 2026 at 09:00pm
Source: CRMLS #CV26129354
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,260 | $1,260 | $1,395 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | $1,500 | $1,595 | Unfurnished |
| 1 | 0 | 1 | — | $898 | $898 | $1,395 | Unfurnished |
| 1 | 0 | 1 | — | $1,180 | $1,180 | $1,395 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | $1,500 | $1,595 | Unfurnished |
| 1 | 1 | 1 | — | $1,450 | $1,450 | $1,595 | Unfurnished |
| 1 | 0 | 1 | — | $1,290 | $1,290 | $1,395 | Unfurnished |
| 1 | 1 | 1 | — | $1,375 | $1,375 | $1,595 | Unfurnished |
| 1 | 0 | 1 | — | $1,104 | $1,104 | $1,395 | Unfurnished |
| 1 | 0 | 1 | — | $1,260 | $1,260 | $1,395 | Unfurnished |
# of Buildings: 3
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 10
Total Actual Rent: $12,817
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
11.4x
List Price / Annual Gross Rent
Cap Rate
5.62%
NOI / List Price
Gross Scheduled Income: $153,803
Vacancy Allowance: $46,114
Vacancy Allowance Rate: 3%
Operating Expense: $52,275
Net Operating Income: $98,413
Annual Operating Expenses
Electric: $2,400
Gardener: $7,200
Fuel: $2,400
Insurance: $2,431
Maintenance: $5,000
New Taxes: $20,304
Pest Control: $1,080
Pool: $4,200
Professional Management: $0
Trash: $3,360
Water / Sewer: $3,900
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Roof: Flat
Common Walls: Two Common Walls Or More, No One Above
Lot Features: Eleven To Fifteen Units Acre
Pool: Community, Fenced
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: None
Garage Spaces: 0
Uncovered Spaces: 10
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 501352003
Additional Parcels: No
Tax Lot: 79
Subdivision: Desert Park Estates (33103)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Dog Park, Pool
Nearby Schools
Nearby schools around the 2200 E Sahara Road, Palm Springs, CA 92262. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,400,000
Total Interest
$1,785,623
Total Payment
$3,185,623
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,822
per month
Property History for 2200 E Sahara Road
Palm Springs Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92262.
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