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45900 Highway 74

Palm Desert, CA 92260
  • $2,790,000
  • STATUS: ACTIVE
  • ON SITE: 184 Days
  • ID#: AR23096755
UPDATED: 46 min ago
$2,790,000
  • 9
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Excellent opportunity to acquire well maintained investment properties in prime location. 4 single-family detached home built in 2007 with individual parcel number within 6 unit Serenity of Palm Desert community in Palm Desert, California. The subject property is strategically located within walking distance to famous El Paseo Drive shopping district. This investment is comprised of three 3 bedroom, 3 bath units, and one 3 bedroom, 2.5 bath unit. # 45900 Hwy 74, 2000 SF building size on approximately 3484 SF lot; # 45908 Hwy 74, 1750 SF building size on approximately 2613 SF lot; # 45916 Hwy 74, 2000 SF building on approximately 3484 SF lot and #45924 Hwy 74, 2000 SF building size on approximately 3,049 SF lot size. All units are two stories. Each unit features a fully landscaped courtyards complete with built in spa and two car attached garage. Built in 2007, the property boasts 100% occupancy. New owner can hold the properties as an investment portfolio or sell the unit individually as each unit has its own APN. This offering provides investor an opportunity to buy well maintained, professionally managed and highly desirable Single Family Rental properties with upside potential in prime South Palm Desert Submarket. Excellent opportunity to acquire well maintained investment properties in prime location. 4 single-family detached home built in 2007 with individual parcel number within 6 unit Serenity of Palm Desert community in Palm Desert, California. The subject property is strategically located within walking distance to famous El Paseo Drive shopping district. This investment is comprised of three 3 bedroom, 3 bath units, and one 3 bedroom, 2.5 bath unit. # 45900 Hwy 74, 2000 SF building size on approximately 3484 SF lot; # 45908 Hwy 74, 1750 SF building size on approximately 2613 SF lot; # 45916 Hwy 74, 2000 SF building on approximately 3484 SF lot and #45924 Hwy 74, 2000 SF building size on approximately 3,049 SF lot size. All units are two stories. Each unit features a fully landscaped courtyards complete with built in spa and two car attached garage. Built in 2007, the property boasts 100% occupancy. New owner can hold the properties as an investment portfolio or sell the unit individually as each unit has its own APN. This offering provides investor an opportunity to buy well maintained, professionally managed and highly desirable Single Family Rental properties with upside potential in prime South Palm Desert Submarket.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/140148484
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45900 Highway 74 Palm Desert, CA 92260

  • Price: $2,790,000
  • Status: ACTIVE
  • On Site: 184 Days
  • Updated: 46 min ago
  • ID#: AR23096755
9
Beds
0
Baths
0
½ Baths
0.29
Acres
Neighborhood:
Riv Cty-Palm Desert (92260)
County:
Riverside
Area:
Riv Cty-Palm Desert (92260)
Property Description
Excellent opportunity to acquire well maintained investment properties in prime location. 4 single-family detached home built in 2007 with individual parcel number within 6 unit Serenity of Palm Desert community in Palm Desert, California. The subject property is strategically located within walking distance to famous El Paseo Drive shopping district. This investment is comprised of three 3 bedroom, 3 bath units, and one 3 bedroom, 2.5 bath unit. # 45900 Hwy 74, 2000 SF building size on approximately 3484 SF lot; # 45908 Hwy 74, 1750 SF building size on approximately 2613 SF lot; # 45916 Hwy 74, 2000 SF building on approximately 3484 SF lot and #45924 Hwy 74, 2000 SF building size on approximately 3,049 SF lot size. All units are two stories. Each unit features a fully landscaped courtyards complete with built in spa and two car attached garage. Built in 2007, the property boasts 100% occupancy. New owner can hold the properties as an investment portfolio or sell the unit individually as each unit has its own APN. This offering provides investor an opportunity to buy well maintained, professionally managed and highly desirable Single Family Rental properties with upside potential in prime South Palm Desert Submarket. Excellent opportunity to acquire well maintained investment properties in prime location. 4 single-family detached home built in 2007 with individual parcel number within 6 unit Serenity of Palm Desert community in Palm Desert, California. The subject property is strategically located within walking distance to famous El Paseo Drive shopping district. This investment is comprised of three 3 bedroom, 3 bath units, and one 3 bedroom, 2.5 bath unit. # 45900 Hwy 74, 2000 SF building size on approximately 3484 SF lot; # 45908 Hwy 74, 1750 SF building size on approximately 2613 SF lot; # 45916 Hwy 74, 2000 SF building on approximately 3484 SF lot and #45924 Hwy 74, 2000 SF building size on approximately 3,049 SF lot size. All units are two stories. Each unit features a fully landscaped courtyards complete with built in spa and two car attached garage. Built in 2007, the property boasts 100% occupancy. New owner can hold the properties as an investment portfolio or sell the unit individually as each unit has its own APN. This offering provides investor an opportunity to buy well maintained, professionally managed and highly desirable Single Family Rental properties with upside potential in prime South Palm Desert Submarket.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Cooling Central Forced Air Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 3 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

Property Features

Annual Expense Actual 50649 Buildings 4 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 112563 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2500.0 Unit2 Rent Actual 2600.0 Unit3 Rent Actual 2595.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Joseph Muljana of Prestige Realty Group, Inc.: 626-241-0016. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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