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Search Cali Homes Team
44700 Las Palmas Ave, Palm Desert, CA 92260
- $749,000
- 6
- BD
- 3
- BA
- 2,139
- SqFt
Courtesy of Compass, Ty Nasief - CA DRE#01947034
- List Price
- $749,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 36
- MLS#
- 26985997PS
- Style
- Mid-Century
- 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
- Palm Desert North
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.
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Additional Information
- Property Description
- Mid-Century
- Air Conditioning
- Air Conditioning, Central
- Stories
- 1
- Pool Type
- None
- View
- Green Belt
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