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$2,575,000

Est. payment - /mo

0.83 Acres Lot

Active

44700 San Jacinto AVE Palm Desert, CA 92260

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Jerry And Rachel Team Hsieh

jerryandrachelteam@gmail.com +1(424) 242-8856

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP24158212

HOA Y/N No

Year Built 1988

Lot Size 0.830 Acres

Property Sub-Type Apartment

Property Description

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 continued to produced solid income. 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 quartz countertops, bathrooms, exterior paint to highlight the architectural features of the building and much more. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange replacement.

Location

State CA

County Riverside

Area 323 - South Palm Desert

Interior

Heating Central

Fireplace No

Laundry Inside

Exterior

Garage Spaces 14.0

Garage Description 14.0

Pool Fenced, In Ground, Private

Community Features Curbs, Storm Drain(s), Suburban, Sidewalks

Total Parking Spaces 14

Private Pool Yes

Building

Lot Description Corner Lot, Landscaped

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 627167007

Energy Description 626.0

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Listing Terms Submit

Special Listing Condition Standard

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Listed by Ignacio Diaz Jr. • Investment Capital Real Estate • id@investmentcapitalre.com

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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44700 San Jacinto AVE Palm Desert, CA 92260

Jerry And Rachel Team Hsieh

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44700 San Jacinto AVE