147 Sage Drive, Palm Springs, CA 92264
MULTI_FAMILY - Palm Springs, CA
- Added:
- Mar 5, 2026
- Days on Market:
- 109
- Last Refresh:
- Jun 22 at 7:06 am
Property Features for 147 Sage Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
- Parking
- 3
- Parking features
- Carport
- Spa
- 1
- Pool private
- 1
- Standard status
- Active
- APN
- 681321147
- Size
- 1,440 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
Listing agent David A De Gracia License #02168606 (760) 507-5727
Listing office HomeSmart 73301 Fred Waring Dr., Ste 101, Palm Springs, CA (760) 844-7500
Listing date Mar 5, 2026
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing property with an estimated 6% annual ROI and current lease at $2,050/month.
- Located on owned land with a low HOA fee (paid by Landlord).
- Completely remodeled manufactured home with 2 bedrooms and 2 bathrooms.
- Prime central location in Palm Springs with quick access to stores, shops, and restaurants.
- Full access to community amenities including two swimming pools, spa, saunas, tennis courts, gym, game room, and library.
- Ownership is not restricted by age; investors of all ages are welcome.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $30.00 |
| − Vacancy | −$821 | −$0.57 |
| EGI | $42.4k | $29.43 |
| − OpEx | −$19.1k | −$13.24 |
| NOI | $23.3k | $16.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.47817
- Latitude
- 33.789783
