CA > Palm Desert
Palm Desert, CA 92260,44700 San Jacinto AVE
Palm Desert, CA 92260,44700 San Jacinto AVE
Palm Desert, CA 92260,44700 San Jacinto AVE
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,475,000
Est. payment /mo
8 Beds
8 Baths
7,035 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,035 sqft

Price per Sqft $351

MLS Listing ID NP25230746MR

Bedrooms 8

Year Built 1988

Lot Size 0.830 Acres

Acres 1.0

Property Sub-Type Multi-Family

Property Description

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 that are evident throughout. 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. Built in 1988 to condo type specs, the property consists of a collection of seven spacious 2-bedroom 2-bath apartment homes averaging roughly 1,000 square feet each with washer and dryer hookups, central air / heat 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.

Location

State CA

County Riverside

Area Palm Desert South

Interior

Heating Central

Cooling Central

Fireplaces Type None

Laundry Gas Or Electric Dryer Hookup, Inside, Laundry Closet Stacked, Stackable W/D Hookup, Washer, Washer Hookup, Washer Included

Exterior

Garage Spaces 14.0

Community Features Curbs, Sidewalks, Street Lights

Roof Type Tile

Building

Story 1

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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Listed by Investment Capital Real Estate

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