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    72880 Shadow Mountain Dr

    Palm Desert, CA 92260
    • $1,425,000
    • STATUS: Active Under Contract
    • ON SITE: 60 days
    • MLS #: 21-706950
    Under Contract
    UPDATED: 210 min ago
    $1,425,000
    • 7
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $285
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    Description

    Amazing Location on this updated and recently renovated 4 plex in a fantastic South Palm Desert neighborhood! Walk to your favorite restaurants on El Paseo or close by hiking trails, world class tennis and golf plus world renowned HWY 74 just minutes away.The two larger units have 2 bedrooms with 2 baths and a smaller unit with 2 bedrooms and 2 baths and one unit that has 1 bedroom plus den and 1.75 baths. Recently updated courtyard pool and spa provide privacy and outdoor entertaining even on hot summer nights! This 70's architectural complex features a corner lot, 7 garage spaces, on-site laundry and room for rental upside. Typically full and many tenants remain in place for a long time, owner would like to stay in one unit. Great opportunity for an investor or owner occupy. By appointment only, please do not disturb tenants. Please call agents for more information.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-17T23:42:36.31. 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.jelmbergteam.com/homes/115218011
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    72880 Shadow Mountain Dr Palm Desert, CA 92260

    • Price: $1,425,000
    • Status: Active Under Contract
    • Updated: 210 min ago
    • MLS #: 21-706950
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    5,000
    SQFT
    $285
    $/SQFT
    1978
    Built
    Neighborhood:
    Palm Desert South
    County:
    Riverside
    Area:
    Palm Desert South
    Property Description
    Amazing Location on this updated and recently renovated 4 plex in a fantastic South Palm Desert neighborhood! Walk to your favorite restaurants on El Paseo or close by hiking trails, world class tennis and golf plus world renowned HWY 74 just minutes away.The two larger units have 2 bedrooms with 2 baths and a smaller unit with 2 bedrooms and 2 baths and one unit that has 1 bedroom plus den and 1.75 baths. Recently updated courtyard pool and spa provide privacy and outdoor entertaining even on hot summer nights! This 70's architectural complex features a corner lot, 7 garage spaces, on-site laundry and room for rental upside. Typically full and many tenants remain in place for a long time, owner would like to stay in one unit. Great opportunity for an investor or owner occupy. By appointment only, please do not disturb tenants. Please call agents for more information.
    Exterior Features

    Exterior Construction Block Lot Size Area 15682 Other Structures None Parking Garage Covered Parking Patio Features Concrete Slab Pool Description In Ground Pool YN Yes Roof Flat Spa In Ground Spa YN Yes Sprinklers Sprinkler System Style Architectural Total Parking 7

    Interior Features

    Bathroom Features Remodeled Baths Total 8.00 Cooking Appliances Built-In ElectricBuilt-In Gas Cooling Air Conditioning Equipment DishwasherDryer Fireplace Rooms Gas Flooring Ceramic Tile Heating Forced Air Laundry In UnitIn Kitchen Laundry Equipment Own

    Property Features

    ADACompliance Yes Assessed Total Value 816067 Gross Income 66000 Gross Operating Income 50000 Land Lease Type Fee Like Units1 2 Like Units2 1 Like Units3 1 Net Operating Income 50000.00 Number Of Buildings 1 Number Of Units 4 Property Condition Updated/Remodeled Sale Type Standard Source Living Area Owner Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 16000 Type Of Units 2 Bd Water Heaters YN Yes Year Built Source Assessor Zoning R2sp

    Listing provided courtesy of Brian Beard DRE#01494669 of Berkshire Hathaway Home Servic.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-17T23:42:36.31. 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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    The Jelmberg Team | Keller Williams
    39-575 Washington Street, Suite #105
    Palm Desert CA, 92211