Bungalow-Style
For Sale
$1,095,000
1419 E San Jacinto Way, Palm Springs, CA 92262
Residential Income, California Bungalow, Palm Springs, CA
Property Size2,271 SF
Lot Size0.17 Acres
Price / SF$482.17
Days on Market20
Property Features for 1419 E San Jacinto Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1C
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4
Parking
3
Parking features
Driveway, On Street, Guest
Fireplace
1
View
Mountains
Directions
sunrise turn on San Jacinto and up the street on corner of San Jacinto
Subdivision
Palm Springs Central
Standard status
Active
APN
507-246-001
Size
2,271 SF
Lot size
0.17 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1937
Floors in Building
1
Number of units
3
Flooring type
Tile
Architectural style
Bungalow
Listing Agency:
Berkshire Hathaway HomeServices California Propert
(760) 323-5000
Listed By:
Tari Clay · License #01280133
(805) 570-9432
Added: Sep 25
Changed: Oct 14
Last Checked: Oct 14 at 5:06AM
MLS# 26992883PS
Copyright © 2026 Greater Palm Springs REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,271-square-foot triplex on a 0.17-acre parcel comprises a two-bedroom, two-bath residence, a one-bedroom, one-bath residence, and a studio casita with one bathroom. The two larger units each include a fireplace, office space, and a private fenced yard; the casita has a patio. Original details include beamed ceilings. The property is zoned R1C, and all three units are separately metered for gas and electricity. Tenancies are currently month-to-month, and the owner pays water and trash.
Updates include energy-efficient windows in all units, a foam roof on both structures, and renovated kitchens. The primary residence also has a renovated bathroom and updated flooring in common areas. The second unit received a mini-split system in 2024; the casita’s mini-split was installed in 2018. The exterior was painted in 2022, and landscaping and irrigation work was completed in September 2026. The property is near shopping, restaurants, Ruth Hardy Park, and Palm Canyon Drive.
Updates include energy-efficient windows in all units, a foam roof on both structures, and renovated kitchens. The primary residence also has a renovated bathroom and updated flooring in common areas. The second unit received a mini-split system in 2024; the casita’s mini-split was installed in 2018. The exterior was painted in 2022, and landscaping and irrigation work was completed in September 2026. The property is near shopping, restaurants, Ruth Hardy Park, and Palm Canyon Drive.
Key Highlights
- Three‑unit mix: 2‑bedroom/2‑bath, 1‑bedroom/1‑bath, and studio casita with 1 bathroom
- 2,271 square feet on a 0.17‑acre parcel
- Each residence has separate gas and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,901
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,020
$798.0K
Cap Rate 7%
$570,014
$570.0K
Cap Rate 9%
$443,344
$443.3K
Market Conditions
NOI Build-Up for 2,271 SF
Gross rent
$58.0K $25.56/SF
− Vacancy
−$1.0K −$0.46/SF
EGI
$57.0K $25.10/SF
− OpEx
−$17.1K −$7.53/SF
NOI
$39.9K $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 Rate 5%
$798,020
Cap Rate 7%
$570,014
Cap Rate 9%
$443,344
Alternative Uses
Best Use
Multifamily LT 5
$570.0K
$498.8K – $665.0K
NOI $39,901 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$525.1K
$459.5K – $612.7K
NOI $36,760 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$680.4K
$595.3K – $793.8K
NOI $47,625 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
370
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences have separate gas and electric meters, with dedicated and off-street parking available.
Where is this triplex located?
The property is located at 1419 E San Jacinto Way Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Three‑unit mix: 2‑bedroom/2‑bath, 1‑bedroom/1‑bath, and studio casita with 1 bathroom; 2,271 square feet on a 0.17‑acre parcel; Each residence has separate gas and electric meters
