Property profile

74501 42nd Ave Palm Desert, CA 92260

OFF-MARKET
Residential income homes
Property ID
US09-1921567
19,785 SF 12.4 ac lot Built 2003
Individually Owned 3-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 2003
Construction WOOD
Total area 19,785 SF
Lot 12.4 ac (540,144 SF)
APN 624-071-041
UPID US09-1921567

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Car Wash
  • Limousine Service Airport Shuttle Service
  • Freight Service Logistics Company
  • Advertising Agency Marketing & Advertising

Location

74501 42nd Ave Palm Desert, CA 92260-1997
Palm Desert metro Census 44930 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.87M
CAP Approach CAP
$5.35M
Comparable Approach Comparable
$6.62M
Blend (final) Blend
$6.38M

Owner & transaction history

since 2023
Last sale
$7.9M
2 recorded transactions
2023
Price N/A
2021
$7.9M

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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