44700 Las Palmas Avenue, Palm Desert, CA 92260
List Price: $749K
Listing Status: Active
0Days on Market: 11
6 Bedrooms · 3 Bathrooms · 2,139 sq ft
Property Type: Residential
Year Built: 1966
Lot Size: 7,405 sq ft
MLS Number: 26985997PS
About This Property
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 provided by: Ty Nasief DRE #01947034 760-350-9253 ty.nasief@compass.com, Compass
Source: CRMLS, MLS #: 26985997PS
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.