Residential Income Details
Pacifica Real Estate Services, Inc. is offering 51 condominiums for sale within the 100-unit, resort-style Royal Palms community in Palm Desert, California. The property was built in 1985 and just underwent a major common area and unit renovation in 2017-18; the common area improvements include newly-resurfaced swimming pools, new patio furniture, and water-efficient desertscape; the extensive unit improvements include new cabinets, stone countertops, lighting fixtures, electrical outlets, plumbing, wood-style tile flooring, new paint, and upgraded appliances. The 51 units owned by Pacifica and offered for sale consist of 49 two-bedroom units ranging from 925 to 1,200 square feet and two one-bedroom units with 750 square feet. With a per-unit sale price of $172,000, these beautifully renovated units are a great investment opportunity, well below the $250,000 sales price they commanded when sold individually in 2006.
|Number of Units||51|
|Listing Brokerage||Pacifica Real Estate Services|
|Listing Agent||Karen Richardson|
|Listing Agent BRE #||01381027|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, August 22, 2018.
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