N/A
Bedrooms
Sold for $957,500 · Jun 2023
SOLDListed at $995,000
Palm Desert, CA
MLS# 219095841DA
Ferretti Real Estate Group
Listing Agent
Bennion Deville Homes
DRE #: 01923799
Brokerage: Bennion Deville Homes
N/A
Bedrooms
0
Bathrooms
N/A
Square Feet
1957
Year Built
0.2 acres
Lot Size
N/A
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Property
Property Type
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.
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3 recorded sales
72759 Sierra Vista Road sold for $957,500 in June 2023, 3.8% under its $995,000 list price, after 20 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.
| Quarter | Closed sales in 92260 | Median sold price |
|---|---|---|
| Q1 2026 | 51 | $480,000 |
| Q2 2026 | 226 | $540,000 |
| Q3 2026 | 106 | $470,000 |
| Q4 2026 | 18 | $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
Closed sales reported in 92260, nearest first, last 12 months. All recent sales in Palm Desert →
72759 Sierra Vista Road
Contact Ferretti Real Estate Group
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Contact Listing Agent
Bennion Deville Homes
DRE #01923799
Contact information is not available for this listing.