This home's estimate is 8.6% lower than the average sale price ($1.35M) of 6 comparable homes.
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- Property details
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950 E Chuckwalla Rd, Palm Springs, CA 92262
About this home
Four units: all are two-bedroom/two-bath units with patios. Three units (#2,3,4) are similar in size and layout. The fourth larger unit (#1) is detached and separate with it's own private entry and private patio. This larger, private unit might be perfect for the owner-occupy buyer. All units have tile and carpet floors throughout, central air and heat, stoves, dishwashers (except #2) and refrigerators. The roof was redone in 2005. The grounds and pool area are very private with a nice tropical feel. Tenants pay their own electricity. Good, central location. Walking distance to downtown Palm Springs. Units #1 and #2 are currently vacant to accommodate showings. Sellers estimate the building was built in 1970 as tax records do not show a date built (buyer to verify). With the three smaller units rented at $850 a month and the fourth larger unit rented at $1100 a month, the PROJECTED CAP rate would be approximately 6.22%.
Redfin Estimate
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Market trends in 92262, CA
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
- $1,049,0004 beds4.5 baths2,784 sq ft2250 N Hermosa Dr, Palm Springs, CA 92262BHHS California Properties
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Provided by Redfin
Sale history for 950 E Chuckwalla Rd
$1/sq ft
$1/sq ft
$1/sq ft
$152/sq ft
$152/sq ft
$157/sq ft
$171/sq ft
$64/sq ft
$34/sq ft
$33/sq ft
$64/sq ft
** Price available after signing in.
Tax history for 950 E Chuckwalla Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R2
Limited Multiple-Family Residential Zone
The R-2 zone is intended to provide for the development of medium-density multiple-family residential uses.Include but are not limited to:
- Day care facility
- Housing-Single unit
- Housing-Multiple units
- Housing-Other
- Hotel / motel
Property details
Interior
- Virtual Tour
- Bathroom Information
- Full Baths: 8
- Fireplace Information
- No
- Equipment
- Water Heater Feature: Electric
- Laundry Equipment: Lease
- Heating & Cooling
- Heating Fuel: Electric
- Heating: Central
- Cooling Type: Air Conditioning, Central Air
Exterior
- Building Information
- Roofing: Tar/Gravel
- Foundation: Slab
- Levels: One
- Pool Information
- Pool Construction: Gunite, In Ground
- Yes
- Land Information
- Lot Acres: 0.2500
- Lot Information
- Lot Description: Level, Rectangular Lot
- Lot Size Source: Assessor
- Property Features
- Property Condition: Repairs Major
- Sq Ft Source: Other
Utilities
- Utilities Information
- Water: Water District Name: CVWD
- Water: Water District
- Sewer: In, Connected and Paid
Location
- Multi-Unit General Information
- Water Heater: Yes
- Gardener, Pool Service, Other
- No
- Tenant Pays: Electricity
- Multi-Unit Income Information
- Income & Expenses: Net Operating Income $: 6816.00
- Income & Expenses: Monthly Gross Income $: 1600.00
- Income & Expenses: Laundry Income $: 250.00
- Income & Expenses: Gross Operating Income $: 19450.00
- Income & Expenses: Annual Gross Rent $: 19200.00
- Multi-Unit Expense Information
- Income & Expenses: Cap Rate %: 1.24
- Income & Expenses: Tax Rate %: 1.20
- Income & Expenses: Pool Expense $: 1355.00
- Income & Expenses: Pest Control $: 360.00
- Income & Expenses: Licenses $: 68.00
- Income & Expenses: Insurance $: 1288.00
- Income & Expenses: Gardener $: 2375.00
- Income & Expenses: Expense Management $: 600.00
- Multi-Unit Property Counts
- Total Units: 4
- Location Information
- Directions: Two blocks south of Vista Chino and one property west of Avenida Caballeros on the north side of the street.
- Cross Streets: Avenida Caballeros
- Community Information
- Unit Total in Complex: 4
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: 1.0
- Lot Size: 0.26 acres
- Style: Other
- Year Built: 1976
- Year Renovated: 1976
- County: Riverside County
- APN: 507042013
Other
- Documents & Disclosures
- Property As Is
- Listing Information
- Sale Type: Standard
- Close Of Escrow
- Cash, Conventional, Cash to New Loan
Around this home
Schools
Public K-5 • Assigned • 0.5mi
Public 6-8 • Assigned • 0.1mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 10-14% chance of a flood reaching the building in the next 30 years
17% chance of being in a wildfire in next 30 years
8 days above 112° expected this year, 23 days in 30 years
Minimal risk of severe winds over next 30 years
6 unhealthy days expected this year, 8 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 92262
Home values near 950 E Chuckwalla Rd
| Address | Redfin Estimate |
|---|---|
7 Beds | 6 Baths | - Sq. Ft. | — |
8 Beds | - Baths | - Sq. Ft. | $950,969 |
| Address | Redfin Estimate |
|---|---|
7 Beds | 6 Baths | - Sq. Ft. | — |
8 Beds | - Baths | - Sq. Ft. | $932,263 |
| Address | Redfin Estimate |
|---|---|
8 Beds | - Baths | - Sq. Ft. | $944,356 |
3 Beds | 2.5 Baths | 1376 Sq. Ft. | $618,310 |
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