44700 Las Palmas Avenue, Palm Desert, CA 92260
- $749,000
- 6
- BD
- 3
- BA
- 2,139
- SqFt
- List Price
- $749,000
- Status
- ACTIVE
- Days on Market
- 16
- MLS#
- 26985997PS
- Subtype
- Residential
- Style
- Mid-Century Modern
- Year Built
- 1966
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,139
- Lot Size
- 7,405
- Acres
- 0.17
- Subdivision
- Not In A Development
- Neighborhood
- Not In A Development
- MLS Area Major
- North Palm Desert (322)
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.
Additional Information
- Interior Features
- Eat-in Kitchen
- Property Description
- Mid-Century Modern
- Zoning
- R3
- Flooring
- Tile
- Appliances
- Dishwasher, Refrigerator, Dryer, Washer
- Heating
- Central
- Air Conditioning
- Yes
- Stories
- One Level
- Levels
- One
- Pool Type
- None
- Parking Features
- One Space, Side By Side, Uncovered
- View
- Park/Greenbelt
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Listing courtesy of Listing Agent: Ty Nasief (ty.nasief@compass.com) from Listing Office: Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.