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Pending

$749,000

2,139 sqft$350/sqft52 days on market

44700 Las Palmas Avenue

Palm Desert, CA 92260

· 8% down, 7% APR, 30yr fixed

6

Beds

3

Baths

2,139

Square feet

1966

Built

Listing narrative

Description

Excellent investment opportunity in the heart of Palm Desert! This well-located triplex offers three spacious two-bedroom, one-bathroom units, each featuring in-unit laundry hookups, stainless steel appliances, separate utility meters, and dedicated parking. Situated on a quiet residential street just north of Highway 111, the property is conveniently located near the world-class shopping and dining of El Paseo, as well as the vibrant new San Pablo Avenue shopping and dining district, including its popular seasonal weekly farmers market. All three units are currently tenant-occupied and professionally managed, offering an investor the opportunity to acquire a stabilized income-producing property with approximately $59,000 in current annual gross rental income. With separate metering and established tenancy, this property offers an attractive combination of location, functionality, and investment potential in one of Palm Desert's most desirable areas. A great opportunity for investors seeking an income-producing multifamily property with potential for future upside.

Listing agent (MLS): Ty Nasief · Listing brokerage (MLS): Compass

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$749,000

Beds

6 bd

Type

House

Home Size

2,139 sqft

Baths

3

Lot Size

0.17 acres

Year

1966

Neighborhood

Not In A Development

Status

Pending

Days on Market

52

$ / Sqft

$350

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass