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$1,799,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 238 S Saturmino
General
- Price: $1,799,000
- Taxes: $12,540
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: CV26045532
- Updated: 3/3/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside
Location
- County: Riverside
- Driving Directions: North S Palm Canyon Dr. turn east on E Baristo Rd. turn south onto S Saturmino Dr. Complex on the right.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 5733
- Square Feet: 5,733
- Current Bldg. Use: Multi-Family
- Year Built: 1963
- Year Built Source: Other
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.32
- Useable Acres: .32
- Lot Size (Sq. Ft.): 13,939
- Fence: Yes
- Lot Features: Rectangular Lot
- Lot Description: Rectangular Lot
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $313
- Expenses: $32,160
- Operating Expenses: $32,160
- Tax Amount: $12,540
Disclosures and Reports
- Investment: Yes
- Property ID: 502182003
Listed by Realty Masters & Associates, MichelleBagi
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Schools
Schools serving 238 S Saturmino
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Cahuilla Elementary School 833 East Mesquite Avenue, Palm Springs, CA 92264 | K-5 | 1.1 mi |
Raymond Cree Middle School 1011 East Vista Chino, Palm Springs, CA 92262 | 6-8 | 1.8 mi |
Palm Springs High School 2401 East Baristo Road, Palm Springs, CA 92262 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 238 S Saturmino
Date
Details
Price
Change
Source
3/02/2026
Listed
$1,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 238 S Saturmino
238 S Saturmino, Palm Springs, CA 92262 (MLS# CV26045532) is a Commercial Multi-Family property. 238 S Saturmino is currently listed for $1,799,000 and was received on March 02, 2026. Want to learn more about 238 S Saturmino? Do you have questions about finding other Commercial Multi-Family real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.

