Active

44700 San Jacinto Avenue

Palm Desert CA, 92260

$2,575,000


$366.03 per sqft

Active

7,035 sqft

Condo

Built in 1988

Listed by Ignacio Diaz Jr. with Investment Capital Real Estate [email protected]

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.

NP24158212

MLS ID

August 1, 2024

Listed

October 8, 2024

Updated

Map

44700 San Jacinto Avenue
Palm Desert CA, 92260

Interior Features

Total Stories

1


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.83 Acres


Lot Features

Corner Lot, Landscaped


Sewer

Public Sewer

Other Property Details

Area Name

323 - South Palm Desert


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

Listing Contact: 949-201-8817 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/8/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/8/2024 at 12:59 PM UTC

 

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