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    73385 Shadow Mountain Dr

    Palm Desert, CA 92260
    • $1,195,000
    • STATUS: Active Under Contract
    • ON SITE: 30 days
    • ID#: 21-686784
    Under Contract
    UPDATED: 88 min ago
    $1,195,000
    • 6
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,114
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Ratings & Info

    Description

    Income producing fully rented mid-century tri-plex located in South Palm Desert one block from El Paseo. This one of a kind tri-plex is larger than most with (3) units all with two bedrooms and two baths. The largest unit has living, dining, large kitchen with updated tile flooring, kitchen and baths. The bookend unit is also spacious with a great covered private patio, updated kitchen, baths and flooring. The middle unit has has two bedrooms and two baths and all units have laundry inside with washer/dryers. In addition its a rare find to have (4) garage spaces with (1) for each unit and (1) spare that could be perhaps rented out for additional income and there are also (4) additional parking spots at the property. Center courtyard is a great communal area however each unit also has it's own private rear yard area too. Newer systems and great location make this perfect for cash flow investors or live in one and reward yourself with income producing neighbors and no HOA!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-01T16:42:48.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/113746958
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    73385 Shadow Mountain Dr Palm Desert, CA 92260

    • Price: $1,195,000
    • Status: Active Under Contract
    • Updated: 88 min ago
    • ID#: 21-686784
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    4,114
    SQFT
    $290
    $/SQFT
    1967
    Built
    Neighborhood:
    Palm Desert South
    County:
    Riverside
    Area:
    Palm Desert South
    Property Description
    Income producing fully rented mid-century tri-plex located in South Palm Desert one block from El Paseo. This one of a kind tri-plex is larger than most with (3) units all with two bedrooms and two baths. The largest unit has living, dining, large kitchen with updated tile flooring, kitchen and baths. The bookend unit is also spacious with a great covered private patio, updated kitchen, baths and flooring. The middle unit has has two bedrooms and two baths and all units have laundry inside with washer/dryers. In addition its a rare find to have (4) garage spaces with (1) for each unit and (1) spare that could be perhaps rented out for additional income and there are also (4) additional parking spots at the property. Center courtyard is a great communal area however each unit also has it's own private rear yard area too. Newer systems and great location make this perfect for cash flow investors or live in one and reward yourself with income producing neighbors and no HOA!
    Exterior Features

    Covered Parking 4 Exterior Construction StuccoWood Siding Levels One Lot Size Area 13504 Other Structures None Parking Garage GarageUncoveredGarage - 4+ CarGarage Is Detached Patio Features CoveredPatio Open Pool Description None Pool YN No Roof Flat Spa None Spa YN No Sprinklers Drip System Style Mid-Century Tennis Court None Tennis YN No Total Parking 8 Water Frontage None

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 6.00 Common Walls Attached Cooking Appliances OvenMicrowaveGas Cooling Central Equipment MicrowaveRange/OvenDishwasher Flooring Tile Heating Central Laundry Inside Laundry Equipment Own Water Heater Features Gas

    Property Features

    Alley YN No Assessed Total Value 750000 Gross Income 59368 Gross Operating Income 59368 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 32658.00 Number Of Buildings 3 Number Of Units 3 Owner Pays OtherGardenerElectricity Property Condition Updated/Remodeled Rent Control YN No Sale Type Standard Security Features Fire And Smoke Detection System Sewer In Connected And Paid Source Living Area Owner Source Lot Size Area Assessor Tenant Pays ElectricityGasWater Total Annual Expense 26710 Type Of Units Tri-Plex Water District Water Heaters YN Yes Year Built Source Assessor Zoning R313m

    Listing provided courtesy of P S Properties DRE#1726623 of Bennion Deville Homes.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-01T16:42:48.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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