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44700 San Jacinto Ave Palm Desert, CA 92260

Sponsored
For Sale
$2,575,000

Prime Palm Desert Apartment Complex

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 7-unit apartment complex, built in 1988 to condo specifications, presents a remarkable investment opportunity in the highly sought-after South Palm Desert area. Each spacious unit boasts approximately 1,000 square feet, featuring two bedrooms, two bathrooms, dual master suites, washer/dryer hookups, and a two-car assigned garage. The property enjoys 100% occupancy and has undergone significant renovations, including a completely updated pool area with BBQs and a sun deck, drought-tolerant landscaping, upgraded kitchens with quartz countertops, renovated bathrooms, and fresh exterior paint that accentuates the building's architectural details. Located just a 5-minute walk from the prestigious El Paseo Shopping District, residents enjoy easy access to upscale shopping, dining, and cultural events. The property's prime location also provides convenient access to numerous desert attractions, including Joshua Tree National Park, Mount San Jacinto, and the Empire Polo Club. The meticulous upkeep and desirable features have attracted long-term tenants, generating consistent income. This turnkey investment property is ideal for various investor profiles and presents a compelling 1031 exchange opportunity. The asking price is $2,575,000. The property is situated at 44700 San Jacinto Ave, Palm Desert, CA 92260.

Property Features for 44700 San Jacinto Ave

General Information

Property type
Multifamily properties

Building Details

Year Built
1988

HighLights

  • Seven‑unit apartment complex in desirable South Palm Desert.
  • Each unit offers approximately 1,000 sq ft, 2 bedrooms, 2 baths, dual master suites, washer/dryer hookups, and a 2‑car garage.
  • 100% occupancy with recent renovations including updated pool area, landscaping, kitchens, bathrooms, and exterior paint.
  • Prime location, 5‑minute walk to El Paseo Shopping District, near desert attractions.
  • Turnkey investment property, asking price $2,575,000, located at 44700 San Jacinto Ave, Palm Desert, CA 92260.
Property Profile Location Intelligence

Current Use by Public Records

Stone Creek Apartments Apartment Complex

Suggested Use

Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Palm Desert
County
Riverside
State
California
Longitude
-116.3742838
Latitude
33.7234514

FAQs

What type of property is this?
Multifamily property - Prime Palm Desert Apartment Complex
Where is this multifamily property located?
The property is located at 44700 San Jacinto Ave Palm Desert, CA.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: Seven-unit apartment complex in desirable South Palm Desert.; Each unit offers approximately 1,000 sq ft, 2 bedrooms, 2 baths, dual master suites, washer/dryer hookups, and a 2-car garage.; 100% occupancy with recent renovations including updated pool area, landscaping, kitchens, bathrooms, and exterior paint.
More about this property
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