A rare opportunity to purchase a value-add triplex/3 unit apartment complex in central Palm Desert. This triplex features (2) 1 bedroom/1 bathroom units and (1) studio unit. The property is 100% occupied at market rents. The building has been fully remodeled exterior and interior of units. Walking distance to all the main retail in Palm Desert Trader Joe's, Palm Desert Mall, Whole Foods, and College of The Desert. The sale comes with a full set of approved/stamped/shovel ready ADU plans for a 2 bedroom/1bathroom ADU. The ADU gives an investor the ability to increase the current cash flow and make the property a 4 unit asset. Please call to request a copy of the full offering package with financials. Please do not disturb tenants property is 100% occupied.
Sold for $957,500 on 06/29/23
Street View
Listing Provided by:
Ferretti Real Estate Group DRE #01923799 760-668-4447,
Bennion Deville Homes
Bought with: eXp Realty of California Inc
$957,500
72759 Sierra Vista Rd, Palm Desert, CA 92260
--beds
--baths
--sqft
Multi Family
Built in 1957
-- sqft lot
$-- Zestimate®
$--/sqft
$2,820 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 04:43pm
Listing Provided by:
Ferretti Real Estate Group DRE #01923799 760-668-4447,
Bennion Deville Homes
Bought with:
Wade Wright, DRE #00990129
eXp Realty of California Inc
Source: CRMLS,MLS#: 219095841DA
Originating MLS: California Desert AOR & Palm Springs AOR
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Water Heater
Features
- Flooring: Vinyl
- Has fireplace: No
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Driveway, Oversized, On Street, Unassigned
- Carport spaces: 1
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 8,712 sqft
Details
- Parcel number: 640132001
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1957
Community & neighborhood
Location
- Region: Palm Desert
- Subdivision: Not Applicable-1
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange