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44700 Las Palmas Avenue

Palm Desert, CA 92260

$749,000 $3,157/Mo

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Overview

Bed

Bath

2,139

Sqft

7,405

Sqft(Lot)

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 es tablished 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.

Property Details

Property Type : ResidentialIncome

Price : $749,000

AD Id : 91254196

MLS Id : 26874567PS

Beds : 6

Lot Size : 7,405 Sq. Ft

Living Area Size : 2,139 Sq. Ft

Year Built : 1966

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 3
Interior Features

Appliances: Dishwasher, Refrigerator, Dryer, Washer

Laundry Features: LaundryCloset
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1966

Building Area Total: 2139

Stories: 1

Patio And Porch Features: RearPorch

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 7405 Lot Size Acres: 0.17 Lot Size Square Feet: 7,405

Listing Price Information

Listing Price: $749000

Tax Information

Parcel Number: 627085011

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 6 OneSpace, SideBySide, Uncovered

Location Information

Direction: From Hwy 111 head north onto Las Palmas Ave, the triplex will be on the right about one block down, just past San Gorgonio Way.

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