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1674 S Via Salida 6 Unit Apartment Building $1,375,000 ($229,167/Unit) 5.71% Cap Rate Palm Springs, CA 92264
INVESTMENT HIGHLIGHTS
- Gated and private community
- Community Pool
- Located in South Palm Springs
EXECUTIVE SUMMARY
Stylish, sun-soaked, and investor ready, this gated 6-unit gem embodies iconic Palm Springs living with sweeping mountain views, swaying palms, and a picture-perfect pool at its heart. Located in the highly walkable Tahquitz River Estates neighborhood, where it meets trendy Twin Palms and is just a stone's throw from the coveted Deepwell Estates, you're also a short hop from the ACE Hotel, Koffi, and other local favorites. Some units feature private patios and back staircases leading up, down, and out, adding charm, privacy, and functionality. The classic courtyard layout offers timeless desert appeal, complemented by on-site parking, plenty of street parking, shared laundry, and a strong rental history. Interior photos of all units available upon request. Current CAP Rate 5.71, truly a smart move in a high-demand location. A more complete set of interior photos of each unit are available upon request. Clear Termite Report. Property Inspection Report + Disclosures + Pool Inspection Report completed and available. Call BSREG Showing Team 760-548-3522 with preferred showing date and time. Email all OFFERS to offers@bradysandahl.com
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,375,000 | Apartment Style | Low-Rise |
| Price Per Unit | $229,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 5.71% | Building Size | 3,600 SF |
| Gross Rent Multiplier | 13.16 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1996 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | R3, Palm Springs - Multiple Dwelling | ||
| Price | $1,375,000 |
| Price Per Unit | $229,167 |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| Gross Rent Multiplier | 13.16 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Palm Springs - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,475 | - |
1 1
PROPERTY TAXES
| Parcel Number | 508-353-010 | Improvements Assessment | $699,762 (2025) |
| Land Assessment | $238,942 (2025) | Total Assessment | $938,704 (2025) |
PROPERTY TAXES
Parcel Number
508-353-010
Land Assessment
$238,942 (2025)
Improvements Assessment
$699,762 (2025)
Total Assessment
$938,704 (2025)
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1674 S Via Salida
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