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$ 749,000
Est. payment /mo
Active
44700 Las Palmas Avenue Palm Desert, CA 92260
6 Beds
3 Baths
2,139 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,139 sqft
Price per Sqft $350
MLS Listing ID CL26985997PS
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1966
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
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
Zoning R3
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Dryer, Laundry Closet, Washer
Exterior
Pool None
View Y/N true
View Park/Greenbelt
Total Parking Spaces 6
Private Pool false
Building
Story 1
Architectural Style Mid Century Modern
Level or Stories One Story
New Construction No
Others
Tax ID 627085011
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Listed by Ty Nasief • Compass