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Request Info$1,688,000
Active
238 S Saturmino Overview
- Time on Site:
- 118 days
- Visits:
- 0
Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.
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238 S Saturmino Facts & Features
- Type Commercial
- Sq. ft. 5,733
- Price/Sq.ft. $294
- Lot 0.32 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gross Scheduled Income: 139800.0
- Insurance Expense: 7660.0
- Maintenance Expense: 1200.0
- Net Operating Income: 107640.0
- Operating Expense: 32160.0
- Trash Expense: 4800.0
- Water Sewer Expense: 1800.0
Building Information
- Year Built: 1963
Business Information
- Current Use: Multi-Family
Location/Region
- Country: US
- County Or Parish: Riverside
- MLS Area Major: 332 - Central Palm Springs
- Postal City: PALM SPRINGS
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
Tax Information
- Tax Annual Amount: 12540.0
General Information
- Listing Terms: Cash,1031 Exchange,Submit
- Parcel Number: 502182003
- Property Sub Type: Multi Family
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
Interior
Building Interior
- Building Area Total: 5733.0
- Building Area Units: Square Feet
General Information
- Entry Level: 1
- Laundry Features: Inside
- Leasable Area Units: Square Feet
- Stories Total: 1
Exterior
Lot Information
- Additional Parcels: No
- Lot Features: Rectangular Lot
- Lot Size Acres: 0.32
- Lot Size Area: 13939.0
- Lot Size Square Feet: 13939.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Water Source: Public
General Information
- Fencing: Block
- Number Of Units Leased: 7
- Number Of Units Total: 7
238 S Saturmino Neighborhood
Palm Springs, California, Community Guide | Bennion Deville Homes
Nestled at the base of the San Jacinto Mountains, the beautiful desert resort city of Palm Springs, California, is an international destination for outdoor sport enthusiasts, Mid-Century architecture admirers, and fans of the glamour of Golden Era Hollywood. Palm Springs is located approximately 110 miles southeast of Los Angeles and 140 miles northeast of San Diego, making it an ideal distance for Southern California residents to escape for a quick getaway weekend or the perfect locale for a second home. Search Palm Springs homes for sale.
Community
92262 (Palm Springs) Demographics
53
Median Age
775
Population Density (per sq. mile)
48%
College Educated
$55,757
Estimated Median Income
8,518
Estimated Total Home Owners
5,359
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.238 S Saturmino Monthly Cost
238 S Saturmino Market Data
Based on the last 30 days in this zip code
$1,100,247
Average List Price
$617
Average Price per Square Foot
107
Properties Sold
98
Average Days on Market
1,171
Properties for Sale
238 S Saturmino History
| Date | Value | Agent |
|---|---|---|
| 3/23/2026Source: CRMLS | $1,688,000 -6.2% |
|
| 3/2/2026Source: CRMLS | March 02, 2026 |
Listing provided courtesy of REALTY MASTERS & ASSOCIATESMichelle Bagi- MLS# CV26045532
Contact Information: 909-303-4500
Contact Information: 909-303-4500