72759 Sierra Vista Road, Palm Desert, CA 92260

About this property

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.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$957,500

Sold June 2023 · listed $995,000, on market June 2023 · MLS #219095841DA · Source: CRMLS

Listing Agent: Ferretti Real Estate Group · Listing Office: Bennion Deville Homes · Contact: (760) 773-3958 · Bought with: Wade Wright · eXp Realty of California Inc

$580,000

Sold April 2022 · listed $530,000, on market February 2022 · MLS #EV22045516 · Source: CRMLS

Listing Agent: KELLY DOMINGUEZ · Listing Office: KELLER WILLIAMS-LA QUINTA · Contact: 760-601-3000 · Bought with: KELLY DOMINGUEZ · KELLER WILLIAMS-LA QUINTA

$286,000

Sold February 2015 · listed $298,000, on market November 2014 · MLS #214086309DA · Source: CRMLS

Listing Agent: Jerry Shea · Listing Office: Bennion Deville Homes · Contact: (760) 770-6801 · Bought with: Randy Steele · Bennion Deville Homes

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