Price
$ 959,333
$40,417 Price cut

73545 Shadow Mountain Drive, Palm Desert, CA 92260  

73545 Shadow Mountain Drive, Palm Desert, CA 92260  

Mid-Century Modern 5-Unit Property. Amazing Location in a highly sought after area! Located one block south of El Paseo, the Rodeo Drive of Palm Desert and directly behind The Gardens on El Paseo Shopping Center. This is a rare investment and income property opportunity. New hotel nearby under construction, to open in October 2017. Local shops, galleries,restaurants and store employees always looking for a good place to rent and easy walking distance to work equal low vacancies and good rent income. The property is ready for some upgrades and healthy rent growth. Possible condo units a possibility too. Five units, consist of 1-2bd/2ba unit, 1-1/bed+den/1ba unit, 2-1bd/1ba units and 1-0bd/1ba studio unit. Condo conversion, vacation rental, rehab? Please inquire for Proforma and Rent Roll. Rents are below market value.

Read More
Listing Type
Multi-Family
Listing ID
217016388DA
Listing Status
Active
Year Built
2017
County
Riverside
Units
5
TaxID
627311006
Listing courtesy of Doug Fischer~Coldwell Banker Res. Brokerage
Price History
Get price alerts on price change
Date Event Change Price
9/4/2017 Price change $-40,417 (-4%) $959,333
8/2/2017 Price change $-100,250 (-9.1%) $999,750
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX CONSULTANTS
    333 N Palm Canyon Dr Ste 102 Palm Springs, CA 92262 | Phone: (760) 864-6400
    RE/MAX CONSULTANTS is licensed in the state of California CalBRE License #: 01323684
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.