44700 San Jacinto Ave Palm Desert, CA 92260
- Apartment buildings
- 0.31 lot acres
Current Use by Public Records
- Stone Creek Apartments / Apartment Complex
Property Details for 44700 San Jacinto Ave
- Lot size
- 0.31 lot acres
- Zone code
- R2
- Property type
- Apartment buildings
- APN
- 627-167-008
- APU
- 627167008
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.374
- Latitude
- 33.7237
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
