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44700 San Jacinto Avenue Palm Desert, CA $ 2,475,000
44700 San Jacinto Avenue
$ 2,475,000
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44700 San Jacinto Avenue

Palm Desert, CA, 92260
$ 2,475,000
Baths2.0 Sq 7,035

Monthly Estimate*

$ 15,441

Listed by Investment Capital Real Estate
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Studio

Multi-Family Home for sale in Palm Desert, CA

for $2,475,000 with 2 full baths. This 7,035 square foot home was built in 1988 on a lot size of 0.8299.

44700 San Jacinto Avenue is a Pride of Ownership investment property, located in highly desired South Palm Desert. Within a 5-minute walk you will find the prestigious “El Paseo Shopping District,” known as the Rodeo Drive of the desert with public art pieces, upscale stores, boutiques, several dining establishments, and the host of the annual Palm Desert Food & Wine Festival and El Paseo Fashion Week. Desert attractions such as Joshua Tree National Park, Mt. San Jacinto, Empire Polo Club in Indio and more than 120 golf courses within the Coachella Valley are also easily accessible. The current ownership has immaculately maintained the property with several interior and exterior renovations that are evident throughout. Improvements include, a fully renovated pool area with BBQ’s, a sun deck and chaise lounge area, drought tolerant landscaping, patios, colored concrete walkways with upscale LED lighting, new kitchens with quartz countertops, bathrooms, exterior paint to highlight the architectural features of the building and much more. Built in 1988 to condo type specs, the property consists of a collection of seven spacious 2-bedroom 2-bath apartment homes averaging roughly 1,000 square feet each with washer and dryer hookups, central air / heat and assigned two car garages. The size of the floor plans, the amenities, the renovations completed and the location, have made these units easy to rent, attracted longer-term tenants and has produced solid income. This is a well located, excellent turn-key investment property for any type of investor or a 1031 Exchange opportunity.

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Multi-Family Active

Price

$ 2,475,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.8299

Year Built

1988

Town/City

Palm Desert

County/Region

Riverside

MLS | Web ID

NP25230746

Days on Market

71

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Tile
Appliances Washer
HOA Fee 0
Garage Spaces 14
Pool Features Community
Year Built 1988
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 178500
Community Features Curbs Street Lights Sidewalks Pool
County Riverside
Net Operating Income 124487
Operating Expense 54013
Insurance Expense 4725
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 3000
Subdivision Name Unknown
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions 10 Freeway to Monterey Avenue Head South on Portola Avenue
City Palm Desert
Entry Location Ground
Senior Community Y/N 0
Number Of Units Total 7
MLS Area 323 - South Palm Desert
Lot Size Units Square Feet
Lot Size Square Feet 36151
Listing Terms Submit
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 2799
Fuel Expense 626
Trash Expense 2841
Water Sewer Expense 1411
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 3
Property Sub Type Additional Apartment
Taxes 30591
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Interior
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls No One Above No One Below
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside Stacked
Entry Level 1
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Exterior
Lot Features Corner Lot Cul-De-Sac Landscaped
Water Source Public
Total Parking 14
Lot Size Area 36151
Number of Buildings 4
Building Area Total 7035
Lot Size Acres 0.8299
Private Pool 0
Lot Size Source Public Records
Pool Charge 3400
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Investment Capital Real Estate

Broker

id@investmentcapitalre.com

Email

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$15,441
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Monthly Principal & Interest
$15,441
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,475,000 Listed Price

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44700 San Jacinto Avenue, Palm Desert, CA, 92260 is a Multi-Family Home for sale at $2,475,000 with 7,035 sqft and a lot size of 0.8299. 44700 San Jacinto Avenue is a studio with 2.0 baths and was built in 1988. The property's zip code is 92260 which is in Palm Desert, CA