$2,575,000
Active
58 Days Online
0 Beds0 Baths7,035 SQFT
Active

44700 San Jacinto Avenue Palm Desert, CA 92260

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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 BBQ’s, a sun deck and chaise lounge area, drought tolerant landscaping, patios, colored concrete walkways with upscale LED lighting, new kitchens with quarts countertops, bathrooms, exterior paint to highlight the architectural features of the building and much more. 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 produced solid income. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange opportunity.

  • Property TypeMulti-Family
  • NeighborhoodOther (Othr)
  • CountyRiverside
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site57 Days
  • MLS StatusActive
  • MLS ID NumberNP24158212
  • Home Size Source N/A
  • Year Built1988
  • Lot Size0.8299 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 14
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 0.8299
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 14
  • Listing Conditions Standard

Interior Features

  • Heating Central
  • Laundry Features Inside

Exterior Features

  • Pool true
  • Pool Features PrivateFencedIn Ground
  • Pool Expense 6400
  • Private Pool true
  • Lot Corner LotLandscaped

Community Features

  • Community Features CurbsSidewalksStorm DrainsSuburban
  • Senior Community No
  • MLS Area 323 - South Palm Desert

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Monthly Payment (Est.)

$12,939
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