Active
44700 San Jacinto AVE
PALM DESERT CA, 92260
$2,575,000
$366.03 per sqft
Active
2 Beds
2 Baths
7,035 sqft
Multi-family
Built in 1988
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.
NP24158212MR
MLSⓇ ID
August 1, 2024
Listed
November 22, 2024
Updated
Map
44700 San Jacinto AVE
PALM DESERT CA, 92260
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
2
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.83 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Palm Desert South
Days on Market
12
Garage
Yes
Garage Spaces
14
Parking Total
14
View
No
County
Riverside
Water Source
Public
Pool
Yes
Pool Features
Fenced, In Ground, Private
Listed by Ignacio Diaz Jr. with Investment Capital Real Estate
Listing Contact: 949-201-8817
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024