Palm Desert, CA 92260,72759 Sierra Vista RD
Palm Desert, CA 92260,72759 Sierra Vista RD
Palm Desert, CA 92260,72759 Sierra Vista RD
$957,500
Est. payment /mo
Est.Price: ?

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8,712 Sqft Lot
SOLD DATE : 06/29/2023

Key Details

Sold Price $957,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219095841DA

Year Built 1957

Lot Size 8,712 Sqft

Property Description

A rare opportunity to purchase a value-add triplex/3 unit apartment complex in central Palm Desert. This triplex features (2) 1 bedroom/1 bathroom units and (1) studio unit. The property is 100% occupied at market rents. The building has been fully remodeled exterior and interior of units. Walking distance to all the main retail in Palm Desert Trader Joe's, Palm Desert Mall, Whole Foods, and College of The Desert. The sale comes with a full set of approved/stamped/shovel ready ADU plans for a 2 bedroom/1bathroom ADU. The ADU gives an investor the ability to increase the current cash flow and make the property a 4 unit asset. Please call to request a copy of the full offering package with financials. Please do not disturb tenants property is 100% occupied.

Location

State CA

County Riverside

Area 322 - North Palm Desert

Zoning R-2

Interior

Flooring Vinyl

Exterior

Parking Features Attached Carport, Driveway, Oversized, On Street, Unassigned

View Y/N Yes

View Mountain(s)

Building

Story 1

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ferretti Real Estate Group • Bennion Deville Homes
Bought with Wade Wright • eXp Realty of California Inc

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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