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$ 749,000
Est. payment /mo
New
44700 Las Palmas AVE Palm Desert, CA 92260
6 Beds
3 Baths
2,139 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,139 sqft
Price per Sqft $350
MLS Listing ID 26874567PS
Bedrooms 6
HOA Y/N No
Year Built 1966
Lot Size 7,405 Sqft
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.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Zoning R3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Laundry Laundry Closet
Exterior
Parking Features One Space, Side By Side, Uncovered
Pool None
Porch Rear Porch
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Mid-Century Modern
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 627085011
Special Listing Condition Standard
Listed by Ty Nasief Compass #01947034