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 Income, Expenses, Rent Roll and Projected Rents. Rents are below market value.
† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 73545 Shadow Mountain Drive, Palm Desert, CA
is currently for sale.
73545 Shadow Mountain Drive, Palm Desert is listed
This property has 6 bedrooms, and 5 full bathrooms.
If the property located at 73545 Shadow Mountain Drive, Palm Desert, CA isn't what you're looking for,
California real estate
to see other
houses for sale in Palm Desert.