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

September 20, 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 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lucas Schelkens shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/20/2024

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