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$ 2,575,000
Est. payment /mo
Active
44700 San Jacinto Avenue Palm Desert, CA 92260
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP24158212
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 1988 to condo specs, the property consists of a collection of seven spacious 2-bedroom 2-bath apartment homes averaging roughly 1,000 square feet each with dual master suites, washer and dryer hookups, and assigned two car garages. The size of the floor plans, the amenities, the renovations completed and the location, have made these units easy to rent, attracted longer-term tenants and has continued to produced solid income. 44700 San Jacinto Avenue is a Pride of Ownership investment property, located in highly desired South Palm Desert. Within a 5-minute walk you will find the prestigious El Paseo Shopping District, known as the Rodeo Drive of the desert with public art pieces, upscale stores, boutiques, several dining establishments, and the host of the annual Palm Desert Food & Wine Festival and El Paseo Fashion Week. Desert attractions such as Joshua Tree National Park, Mt. San Jacinto, Empire Polo Club in Indio and more than 120 golf courses within the Coachella Valley are also easily accessible. The current ownership has immaculately maintained the property with several interior and exterior renovations completed over the years. Improvements include, a fully renovated pool area with BBQs, a sun deck and chaise lounge area, drought tolerant landscaping, patios, colored concrete walkways with upscale LED lighting, new kitchens with quartz countertops, bathrooms, exterior paint to highlight the architectural features of the building and much more. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange replacem
Location
State CA
County Riverside
Zoning Assessor
Direction From LA or Orange County, head east on Interstate 10 Freeway to Cook Street and head South
Interior
Fireplace No
Exterior
Pool Below Ground, Private
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 627167007
Virtual Tour https://www.investmentcapitalre.com/listings/
Listed by Ignacio Diaz Jr. Investment Capital Real Estate
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