Residential Income Property with
For Sale
$398,500
300 Juniper Drive, Palm Springs, CA 92264
Residential property with central air, a full appliance package, walk-in closet, and attached carport.
Property Size1,740 SF
Price / SF$229.02
Days on Market76
Property Features for 300 Juniper Drive
General Information
Standard status
Active
Size
1,740 SF
Property subtype
Manufactured In Park
Listing Agency:
Berkshire Hathaway Home Services California Properties
(760) 564-9575
Listed By:
Victor Minetti · License #01382621
(760) 333-9875
Source:
Kaleorealestate
Added: Aug 9
Changed: Oct 22
Last Checked: Oct 20 at 8:09PM
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 Berkshire Hathaway Home Services California Properties
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Investment Insights
Based on property information with market context.
This residential income property was built in 1976 and includes central air with forced-air heating. Interior features include a walk-in closet and a kitchen equipped with a dishwasher, disposal, microwave, and refrigerator, along with a washer and dryer. An attached carport provides covered vehicle accommodation.
The property is located at 300 Juniper Drive in Palm Springs, within a gated setting accessed from E Palm Canyon Dr. The route from the main gate passes the clubhouse and RV parking before reaching Juniper Drive. Mountain views are identified among the exterior features, and the property is situated just east of the Trader Joe's/Target Center.
The property is located at 300 Juniper Drive in Palm Springs, within a gated setting accessed from E Palm Canyon Dr. The route from the main gate passes the clubhouse and RV parking before reaching Juniper Drive. Mountain views are identified among the exterior features, and the property is situated just east of the Trader Joe's/Target Center.
Key Highlights
- Built in 1976
- Central air and forced‑air heating
- Dishwasher, disposal, microwave, refrigerator, washer, and dryer included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,165
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,300
$563.3K
Cap Rate 7%
$402,357
$402.4K
Cap Rate 9%
$312,944
$312.9K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$52.2K $30.00/SF
− Vacancy
−$992 −$0.57/SF
EGI
$51.2K $29.43/SF
− OpEx
−$23.0K −$13.24/SF
NOI
$28.2K $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%
$563,300
Cap Rate 7%
$402,357
Cap Rate 9%
$312,944
Alternative Uses
Best Use
Apartment 5plus
$402.4K
$352.1K – $469.4K
NOI $28,165 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$521.3K
$456.1K – $608.2K
NOI $36,489 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
385
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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Frequently Asked Questions
What type of property is this?
Residential income property - Residential property with central air, a full appliance package, walk-in closet, and attached carport.
Where is this residential income property located?
The property is located at 300 Juniper Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $398,500.
What are key features of this property?
This property features: Built in 1976; Central air and forced‑air heating; Dishwasher, disposal, microwave, refrigerator, washer, and dryer included
