Palm Desert CA Multi-Family Real Estate, Homes for Sale

8 Beds ⋅ 6 Baths ⋅ 219150697 MLS

Investor's dream in the heart of Palm Desert! This fully permitted five-unit income property sits on a spacious 0.41-acre lot and offers projected gross rental income of $10,350 per month ($124,200 annually) at full stabilization. Three units are currently leased and generating income, while the property's two highest-value units are vacant and ready for immediate lease-up at market rates. The primary residence is a spacious 2,700 sq. ft. 3-bedroom, 2-bath home featuring an attached two-car garage, private lap pool, in-ground spa, and built-in BBQ, with projected rental income of $3,750 per month. The standout feature is the detached 2-bedroom, 1.5-bath guest house, complete with its own owned solar system that saves approximately $400-$500 per month in electricity costs, with projected rental income of $3,000 per month. Completing the investment are two detached permitted ADUs projected to rent for $1,500 and $1,100 per month, each with its own electric meter, plus an attached permitted casita currently leased at $1,000 per month, with utilities included. Four of the five units have independent electric meters, helping reduce owner expenses. Best of all, there's no HOA. Ideally situated in the heart of Palm Desert, this property is just steps from the world-class dining, shopping, and entertainment along Highway 111 and the iconic El Paseo -- the ''Rodeo Drive of the Desert.'' Tenants enjoy walkable access to upscale boutiques, galleries, cafes, and restaurants, making this one of the most desirable rental locations in the Coachella Valley. Strong tenant demand and low vacancy are a natural result of a location this central. Whether you're completing a 1031 exchange, expanding your Coachella Valley investment portfolio, or looking for a multi-generational property with substantial income potential, 74431 De Anza Way offers a rare combination of immediate cash flow, future upside, and long-term flexibility.

74431 De Anza Way, Palm Desert

$820,000

2 Beds ⋅ 2 Baths ⋅ IV-26146614 MLS

This Property offers 2 spacious units on a 7,405 Square Feet lot both units are 2 Bed 2 Bath with 1,680 Square Feet of living space with washer and dryer hook ups in each unit along with an attached 1 car garage. Both units offer their own spacious private patio. Whether you're looking for an investment property or next gen living this property is great for both. Conveniently located less than one mile to plenty of shopping, restaurants and golfing. Also, located close to the future home of the Disney Vacation Beach Club which offers a beach in the middle of the desert where you can swim, rent a boat and relax. This property is the perfect get away or the perfect place to call home.

73134 Guadalupe, Palm Desert

$1,475,000

IV-26151955 MLS

PRICED TO SELL!!!!! DON'T MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY. THIS EXCEPTIONAL WELL MAINTAINED LUXURY MULTI-FAMILY PROPERTY ON PARK PLACE IN PALM DESERT IS A PRIME INVESTMENT. EACH UNIT HAS MASTER BEED ROOM WITH A STRONG LAYOUT,NEWER TILE AND LAMINATE FLOORING AND DESIRABLE AMENITIES LIKE GARAGE PARKING, A POOL, AND SPA. IT APPEALS TO SERIOUS LONG TERM AND SHORT TERM TENANTS. NEWER ROOF AND A/C UNITS. ONLY ONE UNIT RENTED! 3 UNITS ARE VACANT TO GET HIGH MARKET RENTS FOR NEW OWNER. PLEASE CALL FOR MORE RENTAL INFORMATION. POSSIBLE OWNER FINANCING AVAILABLE. THE AREA IS SERVED BY EXCELLENT SCHOOLS, INCLUDING ABRAHAM LINCOLN ELEMENTARY AND PALM DESERT HIGH SCHOOL, MALL, EL PESEO, FWY ACCESS, COSTCO, SAMS CLUB AND NEW DISNEY RESORT COTINO. MAKING IT CONSISTENTLY SOUGHT AFTER. IT'S THE PERFECT ADDITION TO ANY PORTFOLIO, WHETHER YOU'RE JUST STARTING INVSTIONG OR LOOKING TO EXPAND. THIS PROPERTY QUALIFIES FOR STANDART FHA, VA AND CONVENTIONAL FININCING IF OWNER OCCUPIED.

42995 Park, Palm Desert

$369,000

2 Beds ⋅ 2 Baths ⋅ 219149853 MLS

** Short Term Vacation Rental Opportunity -Turnkey Furnished condo on the Golf Course with Mountain Views** Experience one of the most coveted Golf Course locations in Palm Desert Resort Country Club! Wake up to Fairway and Mountain Views. Perfectly positioned on the 13th Fairway, this exceptional condo captures Breathtaking, Panoramic views of the Golf Course and San Jacinto & Santa Rosa Mountains. From Sunrise to Sunset, the Sweeping Vistas create a truly unforgettable backdrop. This Turnkey Furnished, Forest Hills model is Move-in Ready. Featuring Two Private Master Suites & Two well appointed baths. A stylishly updated kitchen boasts Quartz Slab Countertops, Stainless Steel Appliances & Range Hood, Granite composite sink & Abundant Storage with an interior walk in closet and additional owners closet as well as an exterior storage closet at the carport. Attached Covered Parking Carport parking for 2 cars. Additional upgrades:Quartz bathroom vanities, white oak Luxury vinyl flooring, high-end ceiling fan, Interior Laundry Area complete w/washer/dryer & walk-in closets with built-ins. Thoughtfully updated to create a Comfortable & Inviting Ambiance. Prime End-Unit location with no condos to the front, offering optimal Privacy. Enjoy Desert Resort Living from your gracious Backyard Patio--perfect for Entertaining & Relaxing while watching golfers pass by & soaking in the view. Ideal as a Full-Time Residence, Seasonal Retreat or Short-Term Rental investment, offering incredible value in a Premier Country Club setting.HOA fee $845.00 per month. Resort Amenities include 24-hour Guard-Gated Security, 18-hole Championship Golf Course, Clubhouse w/ restaurant & bar, 20 Pools/Spas, 28 Pickleball courts, 7 Tennis Courts--home to the largest Pickleball Club in the Desert.

40523 Preston Trail, Palm Desert

$1,700,000

PS-26846525 MLS

Successful 4plex in Palm Desert South in the Shadow Mountain area. Each unit is fully rented with long term tenants. Each apartment features 2 bedrooms and 2 bathrooms. There is a fully outfitted kitchen and a nice sized living space. Each unit also has its own washer/dryer. A full sized pool with patio in the back completes the space. there is ample off street parking along with one garage space per unit. This building is in a great location, near restaurants and shopping.

73970 Grapevine Street, Palm Desert

$1,700,000

PS-26846573 MLS

Successful 4plex in Palm Desert South in the Shadow Mountain area. Each unit is fully rented with long term tenants. Each apartment features 2 bedrooms and 2 bathrooms. There is a fully outfitted kitchen and a nice sized living space. Each unit also has its own washer/dryer. A full sized pool with patio in the back completes the space. there is ample off street parking along with one garage space per unit. This building is in a great location, near restaurants and shopping.

73950 Grapevine Street, Palm Desert

$948,950

4 Beds ⋅ 4 Baths ⋅ 219148976 MLS

One of a kind South Palm Desert income property / Duplex! | Live in one unit and rent the other | Both are 2 bed 2 full bath units with large 2 -car garages. | Laundry in each unit ( garage ) | Located on quiet cul-de-sac in South Palm Desert and within Washington Charter School district | Beautiful private back yard with shared pool and down valley views | Entire property is in need of TLC - priced accordingly and incredible upside | Solar for both pool and the 2 units ( status / functionality unknown)

46420 Ryway Place 1 & 2, Palm Desert

$825,000

OC-26075939 MLS

44408 & 44440 Acacia Drive in Palm Desert presents a rare opportunity to acquire two adjacent triplex buildings. Each building features three units, with pool area, on-site laundry, and ample parking, creating an efficient, easy-to-manage multifamily layout. If you're looking for a clean, low-maintenance asset in a strong rental market, this is the kind of opportunity that doesn't come along often. What sets this property apart is the scope of work already completes, coupled with a fully updated rent roll that reflects current market conditions.. Nearly every major system and surface has been thoughtfully updated, removing the capital expense uncertainty that often comes with small multifamily. The property features a new roof with full tear-off, fresh underlayment, sealed vents, and new shingles. All six units have been extensively renovated with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors, hardware, lighting, fans, fixtures, and new appliances. Tankless water heaters have been installed for modern efficiency and long-term reliability. The exterior has been refreshed with patched and painted surfaces, cleaned soffits, improved curb appeal, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas with new furniture and amenities. Each unit offers a well-designed two-bedroom, one-bath layout that consistently performs in the Palm Desert rental market. All legacy tenants have been removed, and the property is now leased at market rents, allowing a new owner to step directly into stabilized income without the need for repositioning. The location further strengthens the investment, situated near College of the Desert, shopping, dining, golf, and major thoroughfares, creating strong tenant demand and long-term retention. Priced significantly below recent appraised value, this offering is ideal for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors who want a modernized asset without renovation risk. This is not a "someday" value-add project. The work is done. You're not buying a project, you're buying stability, thoughtful execution, and an income-producing asset built to perform in a market where quality small multifamily inventory is increasingly difficult to replace.

44440 Acacia Drive, Palm Desert

$815,000

OC-26075889 MLS

44408 & 44440 Acacia Drive in Palm Desert presents a rare opportunity to acquire two adjacent triplex buildings. Each building features three units, with a shared pool area, on-site laundry, and ample parking, creating an efficient, easy-to-manage multifamily layout. If you're looking for a clean, low-maintenance asset in a strong rental market, this is the kind of opportunity that doesn't come along often. What sets this property apart is the scope of work already completes, coupled with a fully updated rent roll that reflects current market conditions.. Nearly every major system and surface has been thoughtfully updated, removing the capital expense uncertainty that often comes with small multifamily. The property features a new roof with full tear-off, fresh underlayment, sealed vents, and new shingles. All six units have been extensively renovated with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors, hardware, lighting, fans, fixtures, and new appliances. Tankless water heaters have been installed for modern efficiency and long-term reliability. The exterior has been refreshed with patched and painted surfaces, cleaned soffits, improved curb appeal, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas with new furniture and amenities. Each unit offers a well-designed two-bedroom, one-bath layout that consistently performs in the Palm Desert rental market. All legacy tenants have been removed, and the property is now leased at market rents, allowing a new owner to step directly into stabilized income without the need for repositioning. The location further strengthens the investment, situated near College of the Desert, shopping, dining, golf, and major thoroughfares, creating strong tenant demand and long-term retention. Priced significantly below recent appraised value, this offering is ideal for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors who want a modernized asset without renovation risk. This is not a "someday" value-add project. The work is done. You're not buying a project, you're buying stability, thoughtful execution, and an income-producing asset built to perform in a market where quality small multifamily inventory is increasingly difficult to replace.

44408 Acacia Drive, Palm Desert

$475,000

OC-26037555 MLS

Welcome to 304 Desert Falls Drive East, a fully renovated and professional designed located in the highly desirable Desert Falls Country Club. This 2-bedroom, 2-bathroom condo features a bright, open floor plan ideal for a primary residence, second home, or short-term rental. The property is offered furnished as shown for a true turnkey experience. New sound proof flooring with baseboards and tile flooring T/O. The chef’s kitchen includes custom cabinetry, quartz countertops, imported tile accents, stainless steel appliances, and a natural-gas oven. Both bathrooms have been transformed into boutique-hotel-style sanctuaries with custom vanities, tiled walk-in showers, upgraded glass enclosures, and integrated LED lighting. For investors, Desert Falls is an approved short-term rental community with strong demand, making this an excellent opportunity for a 1031 exchange or a stabilized asset in a proven Palm Desert investment corridor. Residents enjoy a robust amenity package, residents also enjoy access to the community’s resort-style amenities, including a renowned semi-private golf course, multiple pools, tennis and pickleball courts, a fitness center, and scenic walking paths. HOA dues conveniently include 150 cable channels, 500 speed internet, exterior landscaping, and 24-hour guard-gated security. Located minutes from shopping, dining, medical facilities, and freeway access, this property benefits from significant year-round rental demand and long-term appreciation potential.

304 Desert Falls East, Palm Desert

$860,000

7 Beds ⋅ 4 Baths ⋅ 219142750 MLS

Exceptional central Palm Desert investment opportunity situated on a large corner lot with three total income units--a single-family residence plus a separate duplex. The 3-bedroom, 2-bath home is approx. 1,528 sq. ft., and is currently leased. The home offers the privacy and functionality of a standalone residence with a spacious living room, separate kitchen and dining area, private fenced backyard with swimming pool. Features include custom birch cabinetry, Corian countertops in the kitchen and bathrooms. The interior and exterior have been painted recently, and a new roof installed in 2024. The duplex consists of two 2-bedroom, 1-bath units which are approx. 759 sq. ft. each. Both units have new HVAC systems installed in 2025. Unit 1 has been extensively updated and features new windows, new interior and exterior paint, vinyl plank flooring throughout with the exception of the bathroom, all-new kitchen cabinetry and countertops, updated plumbing fixtures and electrical outlets/switches, new stove and hood, tiled shower/tub, new vanity and sink, and window treatments. Unit 2 is currently leased and offers new carpeting, granite kitchen countertops, new stove and hood, updated sink and fixtures, and window blinds. Additional highlights include new roofing on both the house and duplex in 2024. Ideally located just minutes from El Paseo, shopping, dining, retail, business centers, and College of the Desert.

44858 Santa Anita Avenue, Palm Desert

$660,000

4 Beds ⋅ 2 Baths ⋅ 219141015 MLS

Fantastic investment or owner-occupant opportunity in the heart of Palm Desert! This well-maintained duplex is ideally located within walking distance to College of the Desert, making it a highly desirable property for both income-producing ownership and flexible living options. Each unit is approx. 988 SF and features a bright and spacious interior, thoughtfully updated with modern appliances, granite slab countertops, and ceramic tile floors throughout. The kitchen includes a breakfast bar that seamlessly connects to the living room, perfect for entertaining or casual dining. Both units offer 2 bedrooms with mirrored closet doors and a bathroom with stone tile shower surrounds over the bathtub. Each unit also has its own laundry room with full size washer and dryer for convenience. Unit A has a fenced side yard and Unit B has a larger fenced yard with storage shed and plenty of privacy. This duplex has a strong rental history, with the back unit currently occupied by a tenant at below-market rent, offering the potential for a rent increase at lease expiration. The front unit presents an opportunity for owner occupancy or immediate rental at current market rates, making this property versatile and highly appealing. Located just minutes from shopping, dining, and everyday amenities, this Palm Desert duplex combines modern comforts, excellent location, and strong income potential—a standout opportunity for savvy buyers and investors!

73333 Santa Rosa Way, Palm Desert

$865,000

2 Beds ⋅ 3 Baths ⋅ 219140259 MLS

A unique opportunity a newly constructed modern income producing Duplex in the heart of Palm Desert. This modern duplex was built in 2024. The duplex features 2 total units. Unit 1 - 1 bedroom and 1 bathroom. Unit 2 - 1 bedroom and 1.5 bathrooms. Total size of property is 2,329 SF. The property also features a full pool and spa. Nice grass yard space for pets. Each unit features an open floor plan with modern fit and finishes such as - smooth drywall, high ceilings, recessed HVAC vents, large format tile, LED lighting, spa inspired bathrooms. Each unit has washer and dryer hook ups. This property is ideal for an investor that wants to rent out both units. Or also a nice set up for someone who wants to live in one unit and rent out the other unit to bring in rental income. Plenty of parking in the front oversized driveway, with shade. Property is in close proximity to El Paseo, retail, and entertainment. Please call to schedule a private showing.

44393 Lingo Lane, Palm Desert

$3,850,000

OC-25274157 MLS

Palm Desert Garden Apartments is a 25-unit multifamily investment property located in Palm Desert, CA. Situated on a 1.04-acre lot, Palm Desert Garden Apartments offers a diverse mix of studio, one-, and two-bedroom floor plans, some of which feature private patios. Additionally, the property features single-story construction, a highly desirable characteristic to prospective renters. Furthermore, Palm Desert Garden Apartments features attractive amenities such as a swimming pool, a spa, storage sheds, and ample surface parking. Palm Desert Garden Apartments is situated in an optimal Palm Desert location, within walking distance to a plethora of retail, dining, and entertainment options along the Highway 111 retail corridor. Additionally, the property benefits from its close proximity to College of The Desert, helping to attract a diverse renter pool. Furthermore, Palm Desert Garden Apartments’ location, moments away from a multitude of golf courses and parks, provides residents with convenient access to outdoor activities. The property’s desirable single-story construction and attractive Palm Desert location are primary draws for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Palm Desert Garden Apartments.

73600 San Gorgonio Way, Palm Desert

$2,420,000

NP-25230746 MLS

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.

44700 San Jacinto Avenue, Palm Desert

$690,000

3 Beds ⋅ 3 Baths ⋅ 219135844 MLS

This charming triplex is located in the great city of Palm Desert by the Civic Center Park and off of Fred Waring. This property is approximately 1,957 Sq..Ft. One unit has 2 bed/1 bath, another unit has 1 bed/1 bath, and the last unit is a studio. All units have a parking space, an electrical meter, and gas stoves. 2 Units have a mini split, and the other has a window A/C. The roof and windows are two years old. The owner spent over $60,000 on updating the units. This property's proximity to the desert amenities is not only convenient, but also perfect for desert living: it is near public and private schools as well as the College of the Desert, driving range, restaurants, and shopping areas along El Paseo and HWY 111. This property is ideal for an investment opportunity in the great desert. All of the units are currently occupied. SELLER MAY CARRY. Please DO NOT DISTURB TENANTS. FULLY OCCUPY. Call for more details.

73760 Rancho Road, Palm Desert

$2,200,000

2 Beds ⋅ 2 Baths ⋅ 219132131 MLS

3 separate triplexes...must be sold together. Huge Living Room...1325 square feet each unit with vaulted ceilings. These units are the largest in the area. Always rented. Long Term Tenants. Easy to manage. New roofs installed January 2025.

73625-65 Fred Waring Drive, Palm Desert

$1,516,900

8 Beds ⋅ 8 Baths ⋅ 219131547 MLS

For comparable purposes only.

73575 Shadow Mountain Drive, Palm Desert

$1,580,000

PS-25539405 MLS

FANTASTIC OPPORTUNITY TO OWN 5 UNITS IN PALM DESERT CLOSE TO EVERYTHING AND TOTALLY READY TO GO. ALL ARE 2 BEDROOMS, 2 BATHS, ALL HAVE A PRIVATE BACK PATIOS , AND ALL HAVE INSIDE LAUNDRY. AND ASIDE FROM THE OWNERS UNIT WHICH HAS A TWO CAR ATTACHED GARAGE WITH LAUNDRY, ALL OTHER UNITS HAVE A DETACHED SINGLE CAR GARAGE. ALL OF THIS AND A GATED PRIVATE POOL AND LARGE FRONT YARD. OWNER HAS NEVER HAD A PROBLEM RENTING THEM!

44490 San Rafael Avenue, Palm Desert

$619,000

4 Beds ⋅ 3 Baths ⋅ 219130168 MLS

Welcome to 73345 Royal Palm Drive—a rare investment opportunity in the heart of Palm Desert. This centrally located income property features two buildings: a front house with 2 bedrooms and 1 bathroom, and a rear structure comprising two 1-bedroom, 1-bathroom units. Each unit offers an open-concept layout with abundant natural light, creating a warm and inviting atmosphere. The property is ideally situated near the vibrant San Pablo corridor, offering easy access to local shops, restaurants, and the renowned El Paseo shopping district. With the rear units currently leased, you can enjoy immediate rental income while residing in the front house. Beyond its current configuration, the expansive lot presents potential for further development. According to Palm Desert regulations, multi-family properties like this one may be eligible for additional Accessory Dwelling Units (ADUs), subject to specific criteria . This flexibility allows for increased rental income or expanded living space, enhancing the property's value. Don't miss out on this exceptional property that combines immediate income potential with future development opportunities in one of Palm Desert's most desirable neighborhoods. Contact us today to schedule a private tour and explore the possibilities that 73345 Royal Palm Drive has to offer. Note: Prospective buyers should consult with the City of Palm Desert's Planning Department to verify development possibilities.

73345 Royal Palm Drive, Palm Desert

$1,338,000

NP-24245123 MLS

Location, Location, Location.. you have heard it before but imagine owning a turnkey, swanky property just 1 block off of the infamous El Paseo in Palm Desert. Picture yourself going to dinner, happy hour with friends, shopping till you drop and being only 1 block away from your incredible home. Completely remodeled and offered turnkey furnished, this 3 BR | 2 BA home with a private pool and spa is just what you need to rejuvenate. Keep it all to yourself or take advantage of short term rental income with a transferable permit. The Great Room concept is perfect for entertaining offering sliding glass doors that open to a very private back yard with a sparkling pool, spa, bbq and plenty of space to relax. A large primary suite with vintage tiles in the ensuite take you back to old Palm Springs. Two additional bedrooms and another bathroom complete the home. Newer AC, pool heater, pool equipment and water heater allows you to have comfort knowing the big ticket items are taken care of. Sold turnkey furnished. Come see it for yourself!

45475 San Luis Rey Avenue, Palm Desert

$750,000

JT-24234595 MLS

Welcome to a rare find in Palm Desert! Your search ends here. Step into opportunity with this unique duplex in South Palm Desert. Offering a 2-bedroom, 1-bath unit and a 3-bedroom, 2-bath unit, where each space has been thoughtfully updated with modern touches like stylish flooring, upgraded bathrooms, and refreshed kitchens designed for both comfort and function. The shared backyard oasis makes this property truly stand out. Picture yourself enjoying the sparkling pool, unwinding around the high-tech AWEIS fire pit, or gathering in the cozy seating area. Recent updates include solar panels, a new AC system with improved ductwork on one side, new egress-compliant windows, and significant plumbing upgrades. The carport roof has also been replaced for added longevity and has space for 4 cars. Located just minutes from El Paseo and The Living Desert, this property is ready to welcome its next owner. Whether you're investing or looking for a dual-living opportunity, don't miss out. Great price--schedule your tour now and make it yours! More photos coming soon.

74135 Candlewood Street, Palm Desert

$1,625,000

12 Beds ⋅ 12 Baths ⋅ 219117643 MLS

Rarely available Mid-Century Garden - style Apartment building | 6 - 2 bedroom 2 bath large units with back patios | All units are clean, and well maintained | only 2 units are at Market rents = Upside $$$ | All units open to gated pool | Community laundry room | Carport parking plus additional off street driveway parking | Walking distance to world famous El Paseo shops and restaurants | Will perform at approx. 5.0% CAP rate, at asking price | Incredibly well maintained - Excellent turn-key investment

46100 Ocotillo Drive, Palm Desert

$1,277,500

00-24442191 MLS

CLASSIC 1967 MID-CENTURY MODERN TRIPLEX STEPS FROM THE FAMED "EL PASEO" IN PALM DESERT: Without question, one of the finest triplexes on the market today in the entire Coachella Valley. Located in the center of it all. This luxury triplex has it all. "Fall out of bed" and you are literally on the El Paseo, the "Rodeo Drive of the Desert". Close proximity to some of the finest restaurants, shops & boutiques in the entire valley. Each unit is unique unto itself and features 2 Bedrooms + 2 Baths with private rear yards & patios. The property could be used as a family compound. UNIT 73385: Remodeled and recently updated. New tile flooring and paint throughout. New ceiling fans. Huge living room. Large kitchen. Glass walled formal dining area. Spacious primary suite with a separate den-sitting room that could easily be turned into a 3rd bedroom. The large glass atrium off of the primary suite is perfect for a home gym or yoga studio. Primary bath with stall shower. The second bedroom is large and features a hall bath with a separate tub & shower and outside access to the front, side, and rear yards. Large private rear yard with room for a pool & spa. Floor-to-ceiling walls of glass overlooking a private front-covered terrace that is perfect for outdoor dining. Single car garage plus additional outdoor off-street parking. Washer & dryer in unit. UNIT 73395: Newly painted. Spacious living room & formal dining area with floor-to-ceiling walls of glass overlooking a large yard with patio. Original mid-century modern kitchen with Formica counter tops and stack washer & dryer. Large primary suite with full bath. Spacious secondary bedroom with full hall bath. The private rear yard features an open patio with a retractable awning that is perfect for outdoor dining. Single-car garage with additional outdoor off-street parking. UNIT 73399: The largest of the 3 units. Spacious living room with French doors opening to the central courtyard. Absolutely huge family room/den with high ceilings. Large gourmet kitchen. Separate formal dining area. Two bedrooms both of which are suites each with its own bath. Each bedroom features sliding glass doors that open onto a private rear yard. In addition, there is also a private side yard patio area for this unit. This unit is so large that it could easily be transformed into a 3 bedroom unit or a 4th unit created from it. Single car garage with additional outdoor off-street parking. Washer & dryer in unit. Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.

73385 Shadow Mountain Drive, Palm Desert

$1,100,000

PW-24176445 MLS

Situated on a cul-de-sac, this well-maintained 4-plex offers both tranquility and convenience. Excellent unit mix: (1) 3bd 2.5ba; (1) 3bd 1.5ba + .25 (additional primary bedroom vanity) & (2) 2bd 1ba's. All units have direct access 2 car garages with full size washer/dryer hook-ups. This property is located in Driftwood Oasis HOA which offers a community pool, landscaping, etc... Ideal location in close proximity to shopping, restaurants and entertainment. Additional upgrades/amenities: newer HVAC's; water heaters; garage roll-ups; Both 3bd units are equipped with granite/quartz kitchen countertops; 3bd 1.5ba unit - recently installed luxury vinyl flooring (1st floor) & carpet (2nd floor) + updated baths, kitchen & fireplace. Excellent investment opportunity or live in one & rent the remaining 3 units...

74533 Sagebrush Drive, Palm Desert

$5,500,000

CV-24155855 MLS

We are proud to present an exceptional opportunity to acquire the Monta Vista Townhomes, a meticulously well kept 24-Unit multifamily property situated between Country Club Drive and Washington Street on 40235 Harris Lane in the city of Palm Desert. With each unit having its own individual parcel number, this property has ?24,360 of rentable SF and is situated on a generous ?143,312 SF lot. Property is eligible for short term rental permits and is located in the R-3 Zone. Palm Desert boasts sunshine most of the year creating consistent demand for rentals due to the steady influx of residents. 40235 Harris Lane offers a central location with convenient access to public transportation and the 10 Freeway, in addition to a variety of retail centers, high-end restaurants, shops and resorts catering to diverse needs and providing excellent entertainment options for residents. The desirable Monta Vista Townhomes feature large, open-style floor plans with upgraded fully equipped kitchens with stainless steel appliances, modern fixtures, vertical blinds, central AC/heating, washer and dryer hook-ups, private patios and a combination of stylish plank wood and carpet flooring throughout. The property boasts a combination of desert and lush landscaping with lovely mountain views, covered carport parking, laundry facilities, private dog park, tennis court and a luxury resort style pool and spa. The Monta Vista Townhomes is a stable income-producing asset in the Coachella Valley, promising a strong return on investment. Whether you're a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

40235 Harris Lane, Palm Desert

$2,750,000

16 Beds ⋅ 16 Baths ⋅ 219112501 MLS

The Pines Apartments represents an extremely well-located, value-add apartment complex adjacent to El Paseo in Palm Desert, CA. The property consists of sixteen (16) 1Bedroom/1Bathroom 586 sq ft single-level apartment units, and sits on a 27,878 sq ft parcel. Property amenities include a common area laundry facility, gated community pool, private patios, air conditioning, and sixteen (16) covered surface parking spots. The Pines Apartments offers an investor 45% upside in rents in a fantastic Palm Desert location adjacent and walking distance to El Paseo.

73170 Tumbleweed Lane, Palm Desert

$3,869,250

24 Beds ⋅ 219111667 MLS

Great Investment Opportunity in Palm Desert. Introducing a rare investment opportunity located in the heart of Palm Desert at the southwest corner of Shadow Mountain Drive and San Luis Rey. This offering includes two adjacent buildings at 73665 and 73675 Shadow Mountain Dr., both operated as a single business entity known as Yum Yum Tree Apartments. The property spans 43,560 square feet of land with a total building size of 18,996 square feet. Built in 1972 and 1974, the property comprises 18 units in total, featuring 12 one-bedroom units and 6 two-bedroom units. The exterior construction is a combination of frame and stucco with a shingle mansard roof facade. The beautifully landscaped grounds include a gated pool at the larger complex. The 73665 building offers carport, surface parking, and garage options, while the 73675 building features detached single car garages. This property is ideally situated in a prime residential community, just one block south of the bustling shopping district known as El Paseo and near the regional mall and prime restaurants. These types of investment opportunities are ultra-rare and highly sought after. Don't miss out on this exceptional offering. For further information, please call. Note: 2yr ProForma attached to this listing.

73655 Shadow Mountain Drive, Palm Desert

$695,000

4 Beds ⋅ 2 Baths ⋅ PW-24031428 MLS

Welcome to the epitome of desert living in beautiful Palm Desert! I'm thrilled to introduce you to an incredible investment opportunity - a charming duplex perfectly positioned to capture the essence of desert lifestyle. Nestled on a generous 7,405 square foot lot, this duplex boasts two equally inviting units, each offering 2 bedrooms, 1 bathroom, and the added convenience of an attached garage and private laundry. With a total living area of 1,680 square feet, each unit is thoughtfully designed to maximize comfort and functionality, making it an ideal space for tenants seeking both convenience and coziness. Location is key, and this duplex certainly delivers. Situated close to Highway 111, residents will enjoy easy access to all the amenities and attractions that Palm Desert has to offer. Whether it's dining at renowned eateries, teeing off at world-class golf courses, or indulging in some retail therapy at upscale shopping centers, everything you desire is just moments away. But it's not just about proximity to amenities - it's about embracing the unique beauty of the desert landscape. Picture yourself waking up to the gentle warmth of the sun, the tranquil desert breeze whispering through the palm trees, and the majestic mountains providing a stunning backdrop to your daily adventures. This duplex presents a rare opportunity to invest in a property that not only offers great potential for rental income but also embodies the allure of desert living. With its prime location, well-appointed units, and the promise of a vibrant desert lifestyle, this duplex won't stay on the market for long. Don't miss your chance to make it yours - schedule a showing today and experience the magic of Palm Desert living firsthand!

73134 Guadalupe Avenue, Palm Desert

$695,000

PW-24032004 MLS

Welcome to the epitome of desert living in beautiful Palm Desert! I'm thrilled to introduce you to an incredible investment opportunity - a charming duplex perfectly positioned to capture the essence of desert lifestyle. Nestled on a generous 7,405 square foot lot, this duplex boasts two equally inviting units, each offering 2 bedrooms, 2 bathroom, and the added convenience of an attached garage and private laundry. With a total living area of 1,680 square feet, each unit is thoughtfully designed to maximize comfort and functionality, making it an ideal space for tenants seeking both convenience and coziness. Location is key, and this duplex certainly delivers. Situated close to Highway 111, residents will enjoy easy access to all the amenities and attractions that Palm Desert has to offer. Whether it's dining at renowned eateries, teeing off at world-class golf courses, or indulging in some retail therapy at upscale shopping centers, everything you desire is just moments away. But it's not just about proximity to amenities - it's about embracing the unique beauty of the desert landscape. Picture yourself waking up to the gentle warmth of the sun, the tranquil desert breeze whispering through the palm trees, and the majestic mountains providing a stunning backdrop to your daily adventures. This duplex presents a rare opportunity to invest in a property that not only offers great potential for rental income but also embodies the allure of desert living. With its prime location, well-appointed units, and the promise of a vibrant desert lifestyle, this duplex won't stay on the market for long. Don't miss your chance to make it yours - schedule a showing today and experience the magic of Palm Desert living firsthand!

73134 Guadalupe Avenue, Palm Desert

$1,365,000

8 Beds ⋅ 8 Baths ⋅ 219104026 MLS

Also includes 42634 Clifford. APN 624-242-007. All units fully occupied. Both buildings were renovated in 2023, including all landscaping. Stainless Steel range, dishwasher, refrigerator, washer and dryer provided inside each unit Fireplace in each unit. Beautiful tile floors for long term durability. Two Car Garages provided for each apartment. Enter Garages from Alley in rear of building. Desert Landscaping for low maintenance. The square footage stated is for ALL 4 units.

42612-634 Clifford Street, Palm Desert

$685,000

6 Beds ⋅ 3 Baths ⋅ 219103205 MLS

triplex located in the middle of Palm Desert. 2 triplex units being sold together and fully occupied by long term tenants. Gated complex with pool in the center and grass area. Laundry room that is coin operated for extra income. Each unit is 2 bedroom, 1 bath and 840 square feet.

44440 Acacia Drive, Palm Desert

$705,000

12 Beds ⋅ 6 Baths ⋅ 219103204 MLS

Triplex located in the middle of Palm Desert. 2 triplex units being sold together and fully occupied by long term tenants. Gated complex with pool in the center and grass area. Laundry room that is coin operated for extra income. Each unit is 2 bedroom, 1 bath and 840 square feet. (SOLD each tri plex separately to one buyer)

44408 Acacia Drive, Palm Desert

$970,000

4 Beds ⋅ 4 Baths ⋅ 219101479 MLS

Rare four plex in desirable South Palm Desert. The units consist of two 1 bedroom 1 bathroom and two studios, each with a separate bathroom. All units renovated....Unit 306 partially renovated. Always rented, strong demand for small units with a fantastic view of the Shadow Mountain Golf Course. Lovely Pool with area for sunbathing/lounging. Carports for parking. Long Term Tenants.

46125 Portola Ave., Avenue, Palm Desert

$1,335,000

8 Beds ⋅ 8 Baths ⋅ 219100327 MLS

Also includes 42690 Clifford. APN 624-242-009. 4 units fully occupied. Both buildings were renovated in 2023, including all landscaping. Stainless Steel range, dishwasher, refrigerator, washer and dryer provided inside each unit. Beautiful tile floors for long term durability. Two Car Garages provided for each apartment. Enter Garages from Alley in rear of building. Desert Landscaping for low maintenance. The square footage stated is for ALL 4 units.

42662 Clifford Street, Palm Desert

$1,340,000

10 Beds ⋅ 8 Baths ⋅ 219099070 MLS

Beautiful four plex in highly desirable South Palm Desert location. 3 of the 4 units have been renovated in the last 24 months. Each unit has their own two car garage with laundry hookup for washer and dryer. Beautiful enclosed pool for tenants enjoyment, especially during the summer months. Walk to Shopping, Restaurants. Two units are under fair market rent. Owner will contribute cash to offset loss of rent as well until raised to fair market, per AB1482.

45300 Sunset Lane, Palm Desert

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