For Sale
$2,575,000

44700 San Jacinto AvePalm Desert, CA 92260

Prime Palm Desert Apartment Complex

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7-unit apartment complex, built in 1988 to condo specifications, presents a remarkable investment opportunity in the highly sought-after South Palm Desert area. Each spacious unit boasts approximately 1,000 square feet, featuring two bedrooms, two bathrooms, dual master suites, washer/dryer hookups, and a two-car assigned garage. The property enjoys 100% occupancy and has undergone significant renovations, including a completely updated pool area with BBQs and a sun deck, drought-tolerant landscaping, upgraded kitchens with quartz countertops, renovated bathrooms, and fresh exterior paint that accentuates the building's architectural details. Located just a 5-minute walk from the prestigious El Paseo Shopping District, residents enjoy easy access to upscale shopping, dining, and cultural events. The property's prime location also provides convenient access to numerous desert attractions, including Joshua Tree National Park, Mount San Jacinto, and the Empire Polo Club. The meticulous upkeep and desirable features have attracted long-term tenants, generating consistent income. This turnkey investment property is ideal for various investor profiles and presents a compelling 1031 exchange opportunity. The asking price is $2,575,000. The property is situated at 44700 San Jacinto Ave, Palm Desert, CA 92260.

Highlights

  • Seven-unit apartment complex in desirable South Palm Desert.
  • Each unit offers approximately 1,000 sq ft, 2 bedrooms, 2 baths, dual master suites, washer/dryer hookups, and a 2-car garage.
  • 100% occupancy with recent renovations including updated pool area, landscaping, kitchens, bathrooms, and exterior paint.
  • Prime location, 5-minute walk to El Paseo Shopping District, near desert attractions.
  • Turnkey investment property, asking price $2,575,000, located at 44700 San Jacinto Ave, Palm Desert, CA 92260.

Property Details for 44700 San Jacinto Ave

Property type
Apartment buildings
Year Built
1988

Location Insight

City
Palm Desert
County
Riverside
State
California
Latitude
33.7234514
Longitude
-116.3742838
44700 San Jacinto Ave, Palm Desert, California

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44700 San Jacinto Ave
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