Property profile

44408 Acacia Dr Palm Desert, CA 92260

OFF-MARKET
Other apartment buildings
Property ID
US09-3247020
2,590 SF 0.2 ac lot Built 1966
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Located in Palm Desert, California, 44408 & 44440 Acacia Drive consists of two adjacent triplex buildings operated together as a six-unit property. The buildings share a pool area and have shared on-site laundry facilities, along with ample parking. The property is situated on a 0.2-acre lot with a total building size of 5,040 square feet, and each of the six units is configured as a two-bedroom, one-bath layout with private patio space. The property has features including a replaced roof (full tear-off with new underlayment, vent sealing, and new shingles), tankless water heaters, and unit interiors updated with new cabinetry and countertops, renovated kitchens and bathrooms, new flooring and baseboards, fresh interior paint, updated doors and hardware, upgraded lighting and fixtures, ceiling fans, and installed appliances. Exterior improvements include refreshed and patched surfaces, cleaned soffits, updated drought-friendly landscaping, rebuilt patio fencing and gates, renovated storage closets, and keyless entry, as well as enhancements to pool and patio areas with new furnishings and related amenities. The site is positioned near College of the Desert, retail and dining options, golf, and major thoroughfares, supporting its use as a stabilized rental housing asset.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1966
Construction WOOD
Total area 2,590 SF
Lot 0.2 ac (8,712 SF)
Zoning code R1
APN 640-134-002
UPID US09-3247020

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

44408 Acacia Dr Palm Desert, CA 92260
Palm Desert metro Census 45118 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
$645k
Comparable Approach Comparable
$631k
Blend (final) Blend
$705k

Owner & transaction history

since 2024
Last sale
$705,000
7 recorded transactions
2025
Price N/A
2024
$705,000
2020
Price N/A
2012
Price N/A
1994
$133,000
1988
$132,500
1969
Price N/A

Zoning & alternative use

R1 · Palm Desert, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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