44700 San Jacinto Avenue, Palm Desert, CA 92260 - MLS#NP24158212

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,575,000

Est. payment | -/mo

2 Beds

2 Baths

Save Virtual Tour

$ 2,575,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

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

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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44700 San Jacinto Avenue Palm Desert, CA 92260