44700 Las Palmas Ave, Palm Desert, CA 92260
44700 Las Palmas Ave, Palm Desert, CA 92260
44700 Las Palmas Ave, Palm Desert, CA 92260
44700 Las Palmas Ave, Palm Desert, CA 92260
44700 Las Palmas Ave, Palm Desert, CA 92260
44700 Las Palmas Ave, Palm Desert, CA 92260
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$ 749,000
Est. payment | /mo

6 Beds

3 Baths

2,139 SqFt


Save
$ 749,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,139 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,139 sqft

Price per Sqft $350

MLS Listing ID 26874567PS

Style Mid-Century

Bedrooms 6

Year Built 1966

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity in the heart of Palm Desert! This well-located triplex offers three spacious two-bedroom, one-bathroom units, each featuring in-unit laundry hookups, stainless steel appliances, separate utility meters, and dedicated parking. Situated on a quiet residential street just north of Highway 111, the property is conveniently located near the world-class shopping and dining of El Paseo, as well as the vibrant new San Pablo Avenue shopping and dining district, including its popular seasonal weekly farmers market. All three units are currently tenant-occupied and professionally managed, offering an investor the opportunity to acquire a stabilized income-producing property with approximately $59,000 in current annual gross rental income. With separate metering and established tenancy, this property offers an attractive combination of location, functionality, and investment potential in one of Palm Desert's most desirable areas. A great opportunity for investors seeking an income-producing multifamily property with potential for future upside.

Location

State CA

County Riverside

Area Palm Desert North

Zoning R3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central

Equipment Refrigerator, Range/Oven, Washer, Dryer, Dishwasher

Laundry In Unit, In Closet

Exterior

Parking Features Parking Space, Side By Side, Uncovered

Garage Spaces 6.0

Pool None

Building

Story 1

Architectural Style Mid-Century

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Compass

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

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44700 Las Palmas Ave