73545 Shadow Mountain Drive

  • Palm Desert

  • $899,238
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Residential Income Details

Description
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.
Essential
MLS #217016388DA
Price$899,238
Number of Units5
Sale TypeStandard
StatusActive Under Contract
Listing BrokerageColdwell Banker Res. Brokerage
Listing AgentDoug Fischer
Listing Agent BRE #01299270
Interior
AppliancesElectric Range
CoolingWall Window
HeatingElectric,Wall Heater
Exterior
Garage Spaces0
PoolIn Ground,Gunite
RoofingFoam,Composition
Community
Area323 - South Palm Desert
TractNot Applicable-323
CommunityStreet Lighting
Address73545 Shadow Mountain Drive
CityPalm Desert
CountyRiverside
StateCA
ZipCode92260
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, November 22, 2017. 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.