Modern Duplex in Palm
44393 Lingo Ln Palm Desert, CA 92260
For Sale
$865,000
New construction duplex with pool and spa, income potential.
Property Size2,329 SF
Price / SF$371.40
Days on Market97
Property Features for 44393 Lingo Ln
General Information
Standard status
Active
Size
2,329 SF
Property subtype
Investment
Building Details
Year Built
2024
Listing Agency:
(760) 636-8209
Listed By:
Simmers Tedder Real Estat...
(760) 636-8209
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Simmers Tedder Real Estat...
Investment Insights
Based on property information with market context.
This newly constructed modern duplex, built in 2024, is located in Palm Desert. The property features two units, one with one bedroom and one bathroom, and the other with one bedroom and 1.5 bathrooms. The total size of the property is 2,329 square feet. The property includes a pool and spa, as well as a grass yard space. Each unit features an open floor plan with modern finishes, including smooth drywall, high ceilings, recessed HVAC vents, large format tile, LED lighting, and spa-inspired bathrooms. Each unit also has washer and dryer hook-ups. The property is suitable for an investor looking to rent out both units, or for someone who wants to live in one unit and rent out the other for rental income. There is ample parking in the front oversized driveway with shade. The property is in close proximity to El Paseo, retail, and entertainment.
Key Highlights
- New construction (2024) modern duplex in Palm Desert.
- Income‑producing property with two units: one 1 bed/1 bath and one 1 bed/1.5 bath.
- Features a full pool and spa.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $25.56 |
| − Vacancy | −$1.1k | −$0.46 |
| EGI | $58.5k | $25.10 |
| − OpEx | −$17.5k | −$7.53 |
| NOI | $40.9k | $17.57 |
2,329 SF · lease $25.56/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$584.6K
$511.5K – $682.0K
NOI $40,920 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$538.5K
$471.2K – $628.3K
NOI $37,698 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$697.7K
$610.5K – $814.0K
NOI $48,841 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex with pool and spa, income potential.
Where is this duplex located?
The property is located at 44393 Lingo Ln Palm Desert, CA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: New construction (2024) modern duplex in Palm Desert.; Income‑producing property with two units: one 1 bed/1 bath and one 1 bed/1.5 bath.; Features a full pool and spa.
