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Sold for $501,000 · Apr 2018

SOLD

Listed at $475,000

Sold

45953 Portola Avenue, Palm Desert, CA 92260

Palm Desert, CA

MLS# 218004192DA

Property
59 days on market

Listing Agent

Henry Pselos

Listing Agent

Keller Williams Realty

DRE #: 00674912

Brokerage: Keller Williams Realty

Property Details

N/A

Bedrooms

0

Bathrooms

N/A

Square Feet

1976

Year Built

0.24 acres

Lot Size

N/A

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Property

Property Type

Description

Great Location! This property will go quickly. Easy walk to El Paseo. This duplex consists of two identical condos on a corner lot each with 2 bedrooms and 2 baths set up as dual master suites. One unit already rented long term. Keep one as your vacation home and collect rent from the other or rent both units. Strong cap rate of 5.09% and one of the lowest price per sq ft of the available residential income properties in south Palm Desert. Bright, open floor plan, vaulted ceilings, fireplaces, enclosed patios off each bedroom, 2 car garage and 2 car carport, stacked washer and dryer, new dishwasher and large updated refrigerator with icemaker. This is a great opportunity to own income property in Palm Desert.

Listing description from the April 2018 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
Central, NaturalGas

Sale history for 45953 Portola Avenue

2 recorded sales

$501,000
Sold April 2018 · listed $475,000, on market February 2018, 59 days on market · MLS #218004192DA · Source: CRMLS
Listing Agent: Henry Pselos · Listing Office: Keller Williams Realty · Contact: (760) 969-1000 · Bought with: Henry Pselos · Keller Williams Realty
$440,000
Sold March 2014 · listed $459,000, orig. $435,000, on market September 2012, 522 days on market · MLS #21462303DA · Source: CRMLS
Listing Agent: Michael Leon · Listing Office: Realty Executives Desert Lifes · Contact: 760-771-9090 · Bought with: Michael Leon · Realty Executives Desert Lifes

How this sale compares

45953 Portola Avenue sold for $501,000 in April 2018, 5.5% over its $475,000 list price, after 59 days on the market. Across 401 closed sales in 92260 over the last 12 months, the median sold price is $495,000 and the median is $315 per square foot.

$315
92260 median per sq ft (12 mo)
$495,000
92260 median sold price (12 mo)
401
Closed sales in 92260 (12 mo)
59
Days on market
+5.5%
Sold vs. list price
QuarterClosed sales in 92260Median sold price
Q1 202651$480,000
Q2 2026226$540,000
Q3 2026106$470,000
Q4 202618$432,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palm Desert · Homes for sale in 92260

Recent sales near 45953 Portola Avenue

Closed sales reported in 92260, nearest first, last 12 months. All recent sales in Palm Desert →

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