A remarkable opportunity to own a one acre property located in the heart of Palm Desert! This spacious home gets lots of natural light and the open floor plan with a well appointed gourmet kitchen is a true dream! Make it your own or an investment. The possibilities are endless. With two casitas, attached and detached, you can continue to rent those out or simply use them for guests who visit. Enjoy the tennis court or simply soak in the sunshine and wonderful weather by the private pool and tub. Close distance to El Paseo shopping and other businesses in the area as well as a peaceful and well maintained park nearby... what is there not to like? Make an appointment to visit and check this spectacular home out. Call now to inquire on other features about this home!
The Pines Apartments represents an extremely well-located, value-add apartment complex adjacent to El Paseo in Palm Desert, CA. The property consists of sixteen (16) 1Bedroom/1Bathroom 586 sq ft single-level apartment units, and sits on a 27,878 sq ft parcel. Property amenities include a common area laundry facility, gated community pool, private patios, air conditioning, and sixteen (16) covered surface parking spots.The Pines Apartments offers an investor 45% upside in rents in a fantastic Palm Desert location adjacent and walking distance to El Paseo.
Wow! An incredible opportunity to own a Palm Desert gem! This is a 3 unit plus one non conforming unit home or it can be considered as a single family home. Each unit has a full bath and living area. Detached non conforming unit can be considered a casita / MIL with separate private entry. An investors paradise with a 5.5% cap rate or simply make it your own and enjoy this home the way you like it. Close to downtown El Paseo and parks nestled in a quaint and peaceful neighborhood. A must see so make an appointment to check out this home and its infinite potential today!
Great Investment Opportunity in Palm Desert. Introducing a rare investment opportunity located in the heart of Palm Desert at the southwest corner of Shadow Mountain Drive and San Luis Rey. This offering includes two adjacent buildings at 73665 and 73675 Shadow Mountain Dr., both operated as a single business entity known as Yum Yum Tree Apartments. The property spans 43,560 square feet of land with a total building size of 18,996 square feet. Built in 1972 and 1974, the property comprises 18 units in total, featuring 12 one-bedroom units and 6 two-bedroom units. The exterior construction is a combination of frame and stucco with a shingle mansard roof facade. The beautifully landscaped grounds include a gated pool at the larger complex. The 73665 building offers carport, surface parking, and garage options, while the 73675 building features detached single car garages. This property is ideally situated in a prime residential community, just one block south of the bustling shopping district known as El Paseo and near the regional mall and prime restaurants. These types of investment opportunities are ultra-rare and highly sought after. Don't miss out on this exceptional offering. For further information, please call. Note: 2yr ProForma attached to this listing.
Investors & 1031 exchange buyers welcome as this stunning property is being sold unfurnished with a long term lease in place that can transfer upon closing.Beautiful contemporary home provides a light & bright modern design with an open floor plan and 10 ft ceilings. This home includes plantation shutters and upgraded tile flooring throughout, with carpet in bedrooms. Spacious main bedroom suite has mirrored closets plus a walk-in closet and a large bathroom. Private enclosed front courtyard with casita that features a small kitchenette, sink and mini-fridge. Gorgeous kitchen features a walk-in pantry and pull out cabinet drawers. Low maintenance exterior with artificial turf and slump stone block walls. Great location within the 55+ Domani community with beautiful clubhouse, pool, fitness & pickleball court & low HOAs.
Incredible opportunity for both permanent or second residency and lucrative vacation rentals in this fun, remodeled Mid Century Modern gem, a block away from the vibrant El Paseo Shopping District. Just outside the iconic Tiffany blue double front doors of this home, fabulous restaurants and premier shopping in the infamous Coachella Valley await. This 3-bedroom, 2-bathroom home has pops of color throughout, stainless steel appliances, sleek glass cabinetry, and Sile-Stone countertops in the kitchen. Entertain effortlessly in the Great Room with 24-inch tile floors and sliding glass doors that open to a private patio oasis complete with a sparkling pool, spa, and barbecue area with three fans to keep cool in the hot desert days. The Primary suite, tucked away on the South side, features a lavish bath with double sinks, a soaking tub, and a separate shower. Two rejuvenated guest rooms offer serene retreats, complemented by an updated second bath. Additional highlights include a separate laundry room, ample storage, and access to the Shadowcliff community pool. Rarely available, this Shadowcliff sanctuary presents an exceptional opportunity for those looking for an investment property in the desert, or a second home. Sold Turnkey-Furnished
Courtesy: CB RICHARD ELLIS
NEW ROOFS AND NEW AC UNITS BEING INSTALLED!!Also includes 42634 Clifford. APN 624-242-007. All units fully occupied. Both buildings were renovated in 2023, including all landscaping. Stainless Steel range, dishwasher, refrigerator, washer and dryer provided inside each unit Fireplace in each unit. Beautiful tile floors for long term durability. Two Car Garages provided for each apartment. Enter Garages from Alley in rear of building. Desert Landscaping for low maintenance. The square footage stated is for ALL 4 units.
REDUCED $300,000 FROM ORIGINAL LIST PRICE! NOW TWO UNITS CAN BE DELIVERED VACANT! CLASSIC 1967 MID-CENTURY MODERN TRIPLEX: Without question, one of the finest triplexes on the market today in the entire Coachella Valley. This luxury triplex has it all. "Fall out of bed" and you are literally on the El Paseo, the "Rodeo Drive of the Desert". Close proximity to some of the finest restaurants, shops & boutiques in the entire valley. Each unit is unique unto itself and features 2 Bedrooms + 2 Baths with private rear yards & patios. The property could be used as a family compound. UNIT 73385: Remodeled and recently updated. New tile flooring and paint throughout. New ceiling fans. Huge living room. Large kitchen. Glass walled formal dining area. Spacious primary suite with a separate den-sitting room that could easily be turned into a 3rd bedroom. The large glass atrium off of the primary suite is perfect for a home gym or yoga studio. Primary bath with stall shower. The second bedroom is large and features a hall bath with a separate tub & shower and outside access to the front, side, and rear yards. Large private rear yard with room for a pool & spa. Floor-to-ceiling walls of glass overlooking a private front-covered terrace that is perfect for outdoor dining. Single car garage plus additional outdoor off-street parking. Washer & dryer in unit. UNIT 73395: Newly painted. Spacious living room & formal dining area with floor-to-ceiling walls of glass overlooking a large yard with patio. Original mid-century modern kitchen with Formica counter tops and stack washer & dryer. Large primary suite with full bath. Spacious secondary bedroom with full hall bath. The private rear yard features an open patio with a retractable awning that is perfect for outdoor dining. Single-car garage with additional outdoor off-street parking. UNIT 73399: The largest of the 3 units. Spacious living room with French doors opening to the central courtyard. Absolutely huge family room/den with high ceilings. Large gourmet kitchen. Separate formal dining area. Two bedrooms both of which are suites each with its own bath. Each bedroom features sliding glass doors that open onto a private rear yard. In addition, there is also a private side yard patio area for this unit. Single car garage with additional outdoor off-street parking. Washer & dryer in unit. 2021 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Palm Desert is located in California. Palm Desert, California has a population of 51,675. Palm Desert is less family-centric than the surrounding county with 20.62% of the households containing married families with children. The county average for households married with children is 36.51%.
The median household income in Palm Desert, California is $56,262. The median household income for the surrounding county is $60,807 compared to the national median of $57,652. The median age of people living in Palm Desert is 52.4 years.
The average high temperature in July is 107.3 degrees, with an average low temperature in January of 44.6 degrees. The average rainfall is approximately 8.2 inches per year, with 0 inches of snow per year.
