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7-Unit Apartment Building
For Sale
$1,688,000

238 S Saturmino, Palm Springs, CA 92262

Commercial Sale, Palm Springs, CA

Property SizeContact for details
Days on Market182

Property Features for 238 S Saturmino

General Information

Property type Residential Multi Family
Property subtype Other
Directions North S Palm Canyon Dr. turn east on E Baristo Rd. turn south onto S Saturmino Dr. Complex on the right.
Subdivision 332 - Central Palm Springs
Standard status Active
APN 502182003

Taxes and HOA fees

Tax Annual Amount 12540

Utilities

Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1963
Listing Agency: REALTY MASTERS & ASSOCIATES
Listed By: Michelle Bagi · License #02112864
Added: Mar 2 Changed: Aug 24 Last Checked: Aug 31 at 6:06PM
MLS# CV26045532

Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 apartment property in Palm Springs contains 7 units within a building constructed in 1963. Cooling is provided through wall and window units, offering a straightforward configuration for the existing apartment layout.

The property is located at 238 S Saturmino in Palm Springs, California, within Riverside County. Its residential income asset classification and unit count provide a clear basis for evaluating the property as an apartment building.

Key Highlights

  • 7‑unit apartment property
  • Built in 1963
  • Wall/window unit cooling

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with wall and window cooling units.
Where is this apartment building located?
The property is located at 238 S Saturmino Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,688,000.
What are key features of this property?
This property features: 7‑unit apartment property; Built in 1963; Wall/window unit cooling
More about this property
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