44700 San Jacinto Avenue, Palm Desert, CA 92260

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$2,475,000

Est. payment - /mo

8 Beds

0.83 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25230746

Bedrooms 8

Lot Size 0.830 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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 that are evident throughout. 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. Built in 1988 to condo type specs, the property consists of a collection of seven spacious 2-bedroom 2-bath apartment homes averaging roughly 1,000 square feet each with washer and dryer hookups, central air / heat 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 produced solid income. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange opportunity.

Location

State CA

County Riverside

Zoning Public Rec

Direction 10 Freeway to Monterey Avenue, Head South on Portola Avenue

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Roof Type Tile/Clay

Building

Story 1

Level or Stories 1

Others

Tax ID 627167007

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Listed by Ignacio Diaz Jr. Investment Capital Real Estate

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44700 San Jacinto Avenue Palm Desert, CA 92260