$1,175,000

46342 Highway 74

Palm Desert CA, 92260

Description

PRIDE OF OWNERSHIP LITERALLY TURN KEY 4 UNIT CORNER PROPERTY LOCATED IN SOUTH PALM DESERT WALKING DISTANCE FROM EL PASEO. ALMOST EVERYTHING HAS BEEN REMODELLED/ UPGRADED INCLUDING:FLOORINGS,WINDOWS,PATIOS,POOL EQUIPMENT,COMMON AREA FLOOR.OWINGS ETC. TENANTS ENJOY HOMELIKE SETTINGS WITH GREAT FLAW OF EACH SPACIOUS UNIT WHICH INCLUDES PRIVATE PATIOS,PRIVATE LAUNDRY, RESORT LIKE POOL, PLENTY OF PARKING AND STORAGE AND TO TOP IT ALL, IN A VERY QUIET AND TRANQUIL AREA OF SOUTH PALM DESERT NEAR EVERYTHING. THE NEW OWNER WILL ENJOY THE IMMEDIATE/EXISTING MARKET RENTAL INCOME WITH ALMOST 'ZERO' VACANCY FACTOR, WITH ROOM TO INCREASE AND CREATE MORE CASH FLOW FOR YEARS TO COME.

Details

MLS#CV20204769
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1960
Days On Site61

Features

SQ Feet4,348
Units4
Building(s)1

Market Activity 92260

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Area Information
StateCA
CountyRiverside
CityPalm Desert
Zip Code92260
Area323 - South Palm Desert
Listing VS Median (in 92260)
Price:
$1,175,000
low | high
Med:
$339,000
100% of Average
SqFt:
4,348
low | high
Med:
1,303
100% of Average
$ / SqFt:
$270
low | high
Med:
$260
53.726457765223% of Average
On Site:
61
low | high
Med:
156
39.102564102564% of Average
Listing Updated: November 29, 2020 10:22:12 PM PST
JOHN BAZERKANIAN LogoMLS Number: CV20204769
Listing Provided By:
JOHN BAZERKANIAN  of  RE MAX MASTERS REALTY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.