Two-Bedroom 55+ Gated Mobile
For Sale
$318,000
133 Sage Dr, Palm Springs, CA 92264
Remodeled two-bedroom, two-bath home with energy-efficient windows, quartz counters, and a private patio on the green belt.
Property Size1,464 SF
Price / SF$217.21
Days on Market107
Property Features for 133 Sage Dr
General Information
Standard status
Active
Size
1,464 SF
Property subtype
Manufactured In Park
Amenities
two pools
spa
two tennis courts
saunas
fitness center
clubhouse
library
billiards/game room
large auditorium
Listing Agency:
Showcase Homes, Inc.
(760) 568-2233
Listed By:
Michelle Gareis · License #01761484
(760) 391-2603
Source:
Exprealty
Added: Jul 11
Changed: Oct 2
Last Checked: Oct 24 at 5:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Showcase Homes, Inc.
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Investment Insights
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Welcome to El Dorado Palms Estates, a 55+ gated community where you own the land. This remodeled two-bedroom, two-bath home is move-in ready, with an open living and dining area designed for everyday comfort and entertaining. The bright floor plan includes newly installed energy-efficient windows and an updated kitchen featuring stainless steel appliances, quartz countertops, custom cabinets, and a gas range. Both baths feature quartz countertops, including a spacious primary bath and a guest bath.
Outside, enjoy a private outdoor patio on the green belt, plus covered parking and additional storage. The community offers resort-style amenities including two pools, a spa, two tennis courts, saunas, a fitness center, clubhouse, library, billiards/game room, and a large auditorium with an active social calendar.
Conveniently located in the heart of Palm Springs, the home is within walking distance of Trader Joe’s, Target, Starbucks, and restaurants, and about 3.9 miles from Palm Springs International Airport.
Outside, enjoy a private outdoor patio on the green belt, plus covered parking and additional storage. The community offers resort-style amenities including two pools, a spa, two tennis courts, saunas, a fitness center, clubhouse, library, billiards/game room, and a large auditorium with an active social calendar.
Conveniently located in the heart of Palm Springs, the home is within walking distance of Trader Joe’s, Target, Starbucks, and restaurants, and about 3.9 miles from Palm Springs International Airport.
Key Highlights
- 55+ gated community where you own the land
- Remodeled two‑bedroom, two‑bath with open living and dining area
- Newly installed energy‑efficient windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,697
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,940
$473.9K
Cap Rate 7%
$338,529
$338.5K
Cap Rate 9%
$263,300
$263.3K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$43.9K $30.00/SF
− Vacancy
−$834 −$0.57/SF
EGI
$43.1K $29.43/SF
− OpEx
−$19.4K −$13.24/SF
NOI
$23.7K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,940
Cap Rate 7%
$338,529
Cap Rate 9%
$263,300
Alternative Uses
Best Use
Apartment 5plus
$338.5K
$296.2K – $395.0K
NOI $23,697 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.6K
$383.8K – $511.7K
NOI $30,701 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
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Business Placement
Demographics for 92264, CA
19,254
Population
17,518
Households
1.1
Avg Household Size
61
Median Age
48%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
378
Density / Sq Mi
$75,246
Median Household Income
$46,756
Median Earnings
$1,581
Median Rent
$498,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Remodeled two-bedroom, two-bath home with energy-efficient windows, quartz counters, and a private patio on the green belt.
Where is this mobile home & rv park located?
The property is located at 133 Sage Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: 55+ gated community where you own the land; Remodeled two‑bedroom, two‑bath with open living and dining area; Newly installed energy‑efficient windows
