Excellent investment opportunity in the heart of Palm Desert! This well-located triplex offers three spacious two-bedroom, one-bathroom units, each featuring in-unit laundry hookups, stainless steel appliances, separate utility meters, and dedicated parking. Situated on a quiet residential street just north of Highway 111, the property is conveniently located near the… Read More world-class shopping and dining of El Paseo, as well as the vibrant new San Pablo Avenue shopping and dining district, including its popular seasonal weekly farmers market. All three units are currently tenant-occupied and professionally managed, offering an investor the opportunity to acquire a stabilized income-producing property with approximately $59,000 in current annual gross rental income. With separate metering and established tenancy, this property offers an attractive combination of location, functionality, and investment potential in one of Palm Desert's most desirable areas. A great opportunity for investors seeking an income-producing multifamily property with potential for future upside. Read Less
Listing courtesy of Compass.Ty Nasief
Listing Snapshot
Days Online
7
Last Updated
Beds
6
Full Baths
3
Square Ft.
2,139
Lot Size
0.17 Acres
Year Built
1966
MLS Number
PS-26985997
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Architectural style: Mid Century Modern, Building area total: 2,139, Levels: One, 1 total story, Built in 1966
Cooling
Central Air
Floors
Tile
Heating
Central
Laundry
None, Dryer Included, In Closet, Washer Included
Lot
0.17 acres, Lot size area: 7,405, 7,405 square feet
Property
Rear Porch, View: Park/Greenbelt, Zoning: R3
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Source: Desert Association of REALTORS Listings last updated on ,
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