Remodeled Palm Springs
New
For Sale
$1,500,000
2286 N Junipero Ave, Palm Springs, CA 92262
Palm Springs four-unit property with varied layouts, a private pool, dedicated parking, and app-controlled onsite laundry.
Property Size4,928 SF
Price / SF$304.38
Days on Market2
Property Features for 2286 N Junipero Ave
General Information
Standard status
Active
Size
4,928 SF
Total Parking Spaces
6
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/2BA, 3 x 2BR/2BA
Multifamily Units
4
Additional Details
Gross Income
$103,380
Amenities
private pool
onsite laundry room
Building Details
Year Built
1981
Listing Agency:
Bennion Deville Homes
Listed By:
Charlie Grigg · License #43234
(760) 327-4850
Source:
Kwcoachellavalley
Added: Sep 4
Last Checked: Sep 4 at 2:41PM
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 Bennion Deville Homes
Investment Insights
Based on property information with market context.
Built in 1981, this 4,928-square-foot quadplex includes one four-bedroom, two-bath residence and three two-bedroom, two-bath units. The first unit includes a private pool and received a comprehensive remodel in 2025. One residence is currently vacant, providing access for showings, while the property has also been maintained and upgraded over time.
Located at 2286 N Junipero Ave in Palm Springs’ Chino Canyon area, the property includes six dedicated parking spaces and an onsite laundry room managed through an app. Each unit is separately metered, supporting distinct utility administration across the four residences.
Located at 2286 N Junipero Ave in Palm Springs’ Chino Canyon area, the property includes six dedicated parking spaces and an onsite laundry room managed through an app. Each unit is separately metered, supporting distinct utility administration across the four residences.
Key Highlights
- 4,928 SF quadplex built in 1981
- Unit mix includes one 4‑bed, 2‑bath unit and three 2+2 units
- First unit includes a private pool and was comprehensively remodeled in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$86,585
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,731,700
$1.7M
Cap Rate 7%
$1,236,929
$1.2M
Cap Rate 9%
$962,056
$962.1K
Market Conditions
NOI Build-Up for 4,928 SF
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.
Gross rent
$126.0K $25.56/SF
− Vacancy
−$2.3K −$0.46/SF
EGI
$123.7K $25.10/SF
− OpEx
−$37.1K −$7.53/SF
NOI
$86.6K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,731,700
Cap Rate 7%
$1,236,929
Cap Rate 9%
$962,056
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,585 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$1.14M
$997.1K – $1.33M
NOI $79,767 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,344 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Palm Springs four-unit property with varied layouts, a private pool, dedicated parking, and app-controlled onsite laundry.
Where is this quadplex located?
The property is located at 2286 N Junipero Ave Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,928 SF quadplex built in 1981; Unit mix includes one 4‑bed, 2‑bath unit and three 2+2 units; First unit includes a private pool and was comprehensively remodeled in 2025
