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73545 Shadow Mountain Drive, Palm Desert, California

$899,2386 Beds5 BathsActive

73545 Shadow Mountain Drive, Palm Desert, California 92260
Coldwell Banker Residential Brokerage - MLS® ID: 217016388

Property Details

73545 Shadow Mountain Drive, Palm Desert, California 92260 - Price reduced! 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.

Amenities

  • Zip92260
  • Countyriverside
  • Bedrooms6
  • Full baths5
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • School districtDesert Sands USD
  • Lot size13505.00
  • Office IDD2168
  • Agent IDD21479
  • Agent nameDoug Fischer
  • MLS® ID217016388

Broker: Coldwell Banker Residential Brokerage

Listing Courtesy of Coldwell Banker Residential Brokerage

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