Palm Desert Six-Unit
44408 Acacia Dr, Palm Desert, CA 92260
Two adjacent triplexes with extensive renovations and stabilized income.
Type:Investment
- Added:
- Apr 10, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 10 at 9:17 am
Property Features for 44408 Acacia Dr
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1966
Listing agent Nicole Cinquini License #01905299 (949) 633-0006
Listing office Douglas Elliman Real Estate (949) 633-0006
Listing date Apr 10, 2026
Source Elliman
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 Douglas Elliman Real Estate
HighLights
- Fully renovated property: enjoy updated kitchens, baths, flooring, appliances, and tankless water heaters.
- Two adjacent triplex buildings (six units total) being sold together.
- Currently leased at market rents with all legacy tenants removed, providing stabilized income.
- New roof with full tear‑off, fresh underlayment, sealed vents, and new shingles.
- Desirable location near College of the Desert, shopping, dining, golf, and major thoroughfares.
- Priced significantly below recent appraised value.
Overview
Located at 44408 & 44440 Acacia Drive in Palm Desert, this property offers a rare opportunity to acquire two adjacent triplex buildings, being sold together as a single six-unit investment. Each building contains three units, with shared access to a pool area, on-site laundry facilities, and ample parking. The property has undergone extensive renovations, including a new roof with full tear-off, fresh underlayment, sealed vents, and new shingles. All six units have been extensively renovated with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors, hardware, lighting, fans, fixtures, and new appliances. Tankless water heaters have been installed. The exterior has been refreshed with patched and painted surfaces, cleaned soffits, improved curb appeal, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas with new furniture and amenities. Each unit features a two-bedroom, one-bath layout. The property is fully leased at market rents, providing stabilized income. Situated near College of the Desert, shopping, dining, golf, and major thoroughfares, the location is ideal for tenants. This property is suitable for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors looking for a modernized asset without renovation risk.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.3931309
- Latitude
- 33.725891
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Two adjacent triplexes with extensive renovations and stabilized income.
Where is this triplex located?
The property is located at 44408 Acacia Dr Palm Desert, CA.
What is the asking price?
The asking price for this property is $862,500.
What are key features of this property?
This property features: Fully renovated property: enjoy updated kitchens, baths, flooring, appliances, and tankless water heaters.; Two adjacent triplex buildings (six units total) being sold together.; Currently leased at market rents with all legacy tenants removed, providing stabilized income.
