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About This Home

This 2-bedroom, 2-bathroom residential multi family at 147 Sage Drive in Palm Springs, CA is listed for $259,000 ($180 per sqft). Built in 1973, the home offers 1,440 sqft of living space on a 0.08 acres lot.

Agent Description

ATTENTION INVESTORS! Here's your chance to own an affordable income-producing property under $260,000 in beautiful sunny Palm Springs, CA. With an estimated 6% annual ROI, this beautifully updated manufactured home sits on owned land with a low HOA fee around $330/month (paid by Landlord) and is currently leased at $2,050/month with a long term Tenant who pays all utilities.

Large floor plan Featuring 2 bedrooms and 2 bathrooms offers comfortable living and the property was completely remodeled over 4 years ago (PICTURES SHOWN ARE FROM BEFORE TENANTS MOVED IN). Located in a prime central location with quick access stores, shops, and restaurants.

El Dorado Palm Estates is a 55+ community located just minutes from Target, Walmart, Home Depot, and more. Residents enjoy full access to two swimming pools and a spa, saunas, tennis courts, a newly renovated gym, a game room, a library and many other amenities.

Residents can participate in activities, such as Bridge, Poker, other card games. The spacious clubhouse contains a commercial kitchen which is frequently put to use when catering various park-sponsored social activities that are held throughout the year. Best of all, ownership is not restricted by age--investors of all ages are welcome. Don't miss out--submit your offer before this opportunity is gone!

Key Features

  • Built in 1973
  • 0.08 acre lot
  • 3 parking spaces
  • Private pool

Property Details

1 story
2 full
3 spaces
1973

Amenities

PoolSpaA/C

Monthly Cost Estimate

$1,385/mo

20% down · 6.5% · 30 years

Principal$187
Interest$1,122
Insurance$76

Estimates only. Actual payments may vary.

Location

147 Sage Drive

Palm Springs, CA 92264

El Dorado Palms Estates

Property Details

Flooring

Vinyl

Parking

Carport

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 147 Sage Drive is listed at $259,000 ($180/sqft). The estimated monthly payment is $1,122 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 0.08 acre lot, 3 parking spaces, Private pool.

This property is listed by David A De Gracia and can be reached at 7605075727 or daviddegraciarealtor@gmail.com.

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DG

David A De Gracia

Agent at HomeSmart

(760) 507-5727

Listed by HomeSmart · View on Broker Site

MLS# 219144285· Source: listhub· Updated 36 days ago

Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

147 Sage Drive, Palm Springs, CA 92264

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