44700 Las Palmas Avenue, Palm Desert, CA 92260
- $749,000
- 6
- BD
- 3
- BA
- 2,139
- SqFt
- List Price
- $749,000
- Status
- ACTIVE
- MLS#
- 26985997PS
- Year Built
- 1966
- Bedrooms
- 6
- Bathrooms
- 3
- Living Sq. Ft
- 2,139
- Lot Size
- 7,405
- Acres
- 0.17
- Days on Market
- 11
- Property Type
- Single Family Residential
- Style
- Mid-Century Modern
- Property Sub Type
- Single Family Residence
- Stories
- One Level
- Neighborhood
- Not In A Development
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.
Additional Information
- Appliances
- Dishwasher, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Park/Greenbelt
- Patio
- Rear Porch
- Interior Features
- Eat-in Kitchen
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Ty Nasief (ty.nasief@compass.com) from Listing Office: Compass.
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