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44440 Acacia Dr Palm Desert, CA 92260

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For Sale
$862,500

Two adjacent triplexes, fully renovated, generating stabilized income in Palm Desert.

Type:Investment
Added:
Apr 15, 2026
Days on Market:
2
Last Refresh:
Apr 10 at 9:17 am

Property Features for 44440 Acacia Dr

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1966

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Listing Contact
Brittany Grilley
Brittany Grilley

Listing agent Brittany Grilley License #02202205

Listing office Douglas Elliman Real Estate

Listing date Apr 15, 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


Overview

Palm Desert Triplex Investment Opportunity

Located at 44408 & 44440 Acacia Drive in Palm Desert, this property features two adjacent triplex buildings, being sold together as a six-unit investment. Each building contains three units, with a shared pool area, on-site laundry, and ample parking. The property has 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 offers a two-bedroom, one-bath layout. The property is leased at market rents. The location is near College of the Desert, shopping, dining, golf, and major thoroughfares. The property is suited for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors who want a modernized asset without renovation risk. The bike score is 23, indicating it is somewhat bikeable, and the walk score is 11, indicating car-dependent.
Location Intelligence

Current Use by Public Records

SolSolassoMusic Theater & Performing Art Venue

Suggested Use

Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Palm Desert
County
Riverside
State
California
Longitude
-116.3931293
Latitude
33.7257072

FAQs

What type of property is this?
Triplex - Two adjacent triplexes, fully renovated, generating stabilized income in Palm Desert.
Where is this triplex located?
The property is located at 44440 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 units** with new kitchens, baths, flooring, appliances, and tankless water heaters.; Two adjacent triplex buildings (six units total) sold together.; Currently leased at market rents with all legacy tenants removed, providing stabilized income.
More about this property
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