This Multifamily Property is no longer advertised on LoopNet.com.

45900-45924 Highway 74
Palm Desert, CA 92260
Multifamily Property For Sale · 4 Units

Investment Highlights

  • Charming 4 Single Family Rental assets is superb location in Palm Desert area, just off the famous El Paseo shopping district.
  • An ideal value added opportunity. The new owner can sell the homes individually at future fair market value.
  • Current rent estimated 25% below market rates. A huge upside potential.
  • Relatively newer construction. Great investment–especially for landlords looking to avoid the ongoing maintenance and repairs

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class B
Lot Size 0.29 AC
Building Size 7,750 SF
Average Occupancy 100%
No. Stories 2
Year Built 2007
Parking Ratio 1.03/1,000 SF
Zoning R318M - Residential

Amenities

Unit Amenities

  • Kitchen

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 4 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 628-081-038
  • 628-081-036
  • 628-081-035
  • 628-081-037
Land Assessment
$437,452
Improvements Assessment
$1,282,835
Total Assessment
$1,720,287
  • Listing ID: 28679583

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 45900-45924 Highway 74, Palm Desert, CA 92260

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