$749,000
 $4,021 est/mo Sourced by Back At You

44700 Las Palmas Avenue,Palm Desert, CA 92260

Palm Desert, CA 92260

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Description

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 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.

Details

MLS #26874567PS
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1966
Days On Site54
Listing Provided ByCompass | Ty Nasief

Features

Bed(s)6
Bath(s)3
SQ Feet2,139
Story(s)1
Units3
Building(s)1
ZoningR3
Acreage0.17

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesDishwasher, Refrigerator, Dryer, Washer

Parking

Parking FeaturesOne Space, Side By Side, Uncovered

Area Information

StateCA
CountyRiverside
CityPalm Desert
Zip Code92260
Area322 North Palm Desert
Listing VS Median (in 92260)
Price:
$749,000
low | high
Med:
$370,000
100% of Average
sqft:
2,139
low | high
Med:
1,710
70.056100981767% of Average
$ / sqft:
$350
low | high
Med:
$216
88.207668704471% of Average
On site:
54
low | high
Med:
185
29.189189189189% of Average
Sourced by Back At You

Market Activity 92260

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Learn More About This Property

StateCA
CountyRiverside
CityPalm Desert
Zip Code92260
Area322 North Palm Desert
Listing VS Median (in 92260)
Price:
$749,000
low | high
Med:
$370,000
100% of Average
sqft:
2,139
low | high
Med:
1,710
70.056100981767% of Average
$ / sqft:
$350
low | high
Med:
$216
88.207668704471% of Average
On site:
54
low | high
Med:
185
29.189189189189% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $561K - $936K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
44700 Las Palmas Avenue Property Photo 1
$749,000
44700 Las Palmas Avenue
Palm Desert, CA 92260
Listing Updated: October 26, 2026 at 11:56:20 AM PDT