46050 Highway 74, Palm Desert, CA 92260

About this property

We present you the El Paseo Garden Apartments, a 7-Unit, income property located at 46050 Highway 74 in Palm Desert, CA. The subject property is conveniently located near great dining and shopping at El Paseo. Conveniently located close to charter schools and the living desert. The property is within short distance to the 10 Freeway as well. 
 
 Built in 1963 and 100% occupied, the property has an excellent unit mix. There are Four 2 bedroom, 2 bath units, Two 1 bedroom, 1 bath units, and One 3 Bedroom, 2 bath home. The property is not subject to rent control.The El Paseo Garden Apartments provide investors with the unique opportunity to capitalize on a current revenue stream with upside potential in current rents, in a strong rental market.

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

Sale history

$1,312,000

Sold April 2018 · listed $1,349,000, orig. $1,449,000, on market October 2017 · MLS #SB17234933 · Source: CRMLS

Listing Agent: Adam Barshay · Listing Office: Barshay Real Estate, Inc. · Contact: 310-937-1501 · Bought with: Iric Fishbein · ACM Properties

$700,000

Sold February 2015 · listed $719,000, on market November 2014 · MLS #214087121DA · Source: CRMLS

Listing Agent: Lisa Scheinwald · Listing Office: Palm Springs Town & Country Realty · Contact: (760) 323-2100 · Bought with: Out Side Agent · Out Side Broker Office

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