44700 San Jacinto Avenue, Palm Desert

$2,575,000

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2

Beds

2

Baths

0.83

Acres

About 44700 San Jacinto Avenue

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.

Features of 44700 San Jacinto Avenue

MLS® # NP24158212
Price $2,575,000
Bedrooms 2
Bathrooms 2.00
Acres 0.83
Year Built 1988
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 44700 San Jacinto Avenue
Area 323 - South Palm Desert
Subdivision N/A
City Palm Desert
County Riverside
Zip Code 92260

Amenities

Parking Spaces 14
# of Garages 14
Is Waterfront No
Has Pool Yes
Pool Fenced, In Ground, Private

Interior

Heating Central
Has Basement No
Fireplace No
# of Stories 1
Stories One

Exterior

Lot Description Corner Lot, Landscaped

Additional Information

Date Listed August 1st, 2024
Days on Market 75
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentIgnacio Diaz Jr.
OfficeInvestment Capital Real Estate

Listing Map

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