44700 San Jacinto Avenue, Palm Desert, CA 92260
- $2,420,000
- Sold Price
- $2,420,000
- List Price
- $2,475,000
- Closing Date
- Feb 02, 2026
- Status
- CLOSED
- MLS#
- NP25230746
- Year Built
- 1988
- Lot Size
- 36,151
- Acres
- 0.83
- Lot Location
- Corner Lot, Cul-De-Sac, Landscaped
- Days on Market
- 92
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
- Neighborhood
- Unknown
Property Description
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.
Additional Information
- Appliances
- Washer
- Pool Description
- Community
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Tile
- Garage Spaces Total
- 14
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $178,500
- Operating Expense
- 54013
Listing courtesy of Listing Agent: Ignacio Diaz Jr. (id@investmentcapitalre.com) from Listing Office: Investment Capital Real Estate.
Listing sold by John Fanelly from Del Rey Urban Brokerage Inc
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.