44700 San Jacinto Avenue
Palm Desert, CA 92260
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1988 build
- – on site
44700 San Jacinto Avenue is a Pride of Ownership investment property, located in highly desired South Palm Desert. Within a 5-minute walk you will find the prestigious “El Paseo Shopping District,” known as the Rodeo Drive of the desert with public art pieces, upscale stores, boutiques, several dining establishments, and the host of the annual Palm Desert Food & Wine Festival and El Paseo Fashion Week. Desert attractions such as Joshua Tree National Park, Mt. San Jacinto, Empire Polo Club in Indio and more than 120 golf courses within the Coachella Valley are also easily accessible. The current ownership has immaculately maintained the property with several interior and exterior renovations completed over the years. Improvements include, a fully renovated pool area with BBQ’s, a sun deck and chaise lounge area, drought tolerant landscaping, patios, colored concrete walkways with upscale LED lighting, new kitchens with quarts countertops, bathrooms, exterior paint to highlight the architectural features of the building and much more. Built in 1988 to condo specs, the property consists of a collection of seven spacious 2-bedroom 2-bath apartment homes averaging roughly 1,000 square feet each with dual master suites, washer and dryer hookups, and assigned two car garages. The size of the floor plans, the amenities, the renovations completed and the location, have made these units easy to rent, attracted longer-term tenants and has produced solid income. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange opportunity.
Listed By CRMLS_CA / Ignacio Diaz Jr. / Investment Capital Real Estate / id@investmentcapitalre.com
Last checked:
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Last updated Nov 9, 2024
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MLS# NP24158212 —
The Building
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Year Built:1988
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:7035.00
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Building Area Units:Square Feet
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# of Buildings:4
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Total Number Of Units:7
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Stories Total:1
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Levels:One
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Entry Location:Driveway
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Laundry:Inside
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Laundry:1
Location
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Directions:From LA or Orange County, head east on Interstate 10 Freeway to Cook Street and head South
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:Corner Lot, Landscaped
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Lot Size Area:36151.0000
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Lot Size Acres:0.8299
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Lot Size SqFt:36151.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:3
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Tax Census Tract:451.27
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Tax Tract:167
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Tax Lot:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:627167007
Heating & Cooling
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Heating:1
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Heating:Central
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:N/A
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Senior Community:No
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Features:Curbs, Sidewalks, Storm Drains, Suburban
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Pool:Private, Fenced, In Ground
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Private Pool:Yes
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking Spaces:14.00
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Garage Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/1/24
Aug 1, 2024
|
Listed / Active | CRMLS_CA | $2,575,000 | 189.3% (15.5% / YR) |
5/24/12
May 24, 2012
|
DAMLS | $890,000 |