73450 Royal Palm Drive

Palm Desert, CA 92260

$1,350,000
Price
6
Beds
8
Baths
4,635 Sq. Ft.
$291 / Sq. Ft.
4,635
Sq. Ft.
$291
per Sq. Ft.

Description

6-Unit Investment Opportunity in Palm Desert! Located in the heart of Palm Desert, this beautifully maintained six-unit complex offers incredible rental income potential. Located next to the newly revamped San Pablo Avenue, the property includes two spacious 2-bedroom, 2-bath units, two 1-bedroom, 1-bath units, and two studio apartments. Residents can enjoy the community's sparkling pool, convenient on-site laundry room, and solar-powered studios and common areas, keeping utility costs low. The complex...6-Unit Investment Opportunity in Palm Desert! Located in the heart of Palm Desert, this beautifully maintained six-unit complex offers incredible rental income potential. Located next to the newly revamped San Pablo Avenue, the property includes two spacious 2-bedroom, 2-bath units, two 1-bedroom, 1-bath units, and two studio apartments. Residents can enjoy the community's sparkling pool, convenient on-site laundry room, and solar-powered studios and common areas, keeping utility costs low. The complex features a gated entrance with carport parking. The two-car garage, currently used for storage, provides an excellent opportunity for additional leasing income. With desert landscaping and meticulous upkeep, this property boasts fantastic curb appeal. All units are currently occupied. Don't miss out on this high-demand, well-maintained property!
  1. Listed by Josh Hayes • DRE #01837667 • Upscale One

Property Details for 73450 Royal Palm Drive

Subdivision Name
Not Applicable-1
Carport Spaces
6.00
Garage Spaces
2.00
View
No
Cross Street
San Pablo
LISTING UPDATED: 10/03/2024 06:10 PM

Property Details for 73450 Royal Palm Drive

StatusActive
MLS #219117656
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1982
Lot Size0.46 AC / 20,038 SF
CountyRiverside County

Building Information for 73450 Royal Palm Drive

Stories1Residences-Year Built1982Building Size-Lot Size0.46 AC / 20,038 SF

Property Information for 73450 Royal Palm Drive

Summary
Location and General Information
  • City: Palm Desert
  • Country: US
  • Directions: South on San Pablo from Fred Waring, West onto Royal Palm
  • Levels: Ground
  • Area: 322 - Palm Desert North
  • Postal Code Plus4: 2876
  • Senior Community: No
  • Unparsed Address: 73450 Royal Palm Drive, Palm Desert, CA 92260
  • Walk Score: 0
Parking
  • Parking Features: Assigned, Detached Carport, On Street
Taxes and HOA Information
  • Association Fee: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Size Acres: .00
  • Lot Size Square Feet: .00
  • Lot Size Area: 20,038.00
  • Lot Size Source: Assessor
  • Property Type: Residential Income
Property and Assessments
  • Documents Count: 0
Utilities
  • Cooling: Wall/Window Unit(s), Central Air
  • Cooling: Yes
  • Sewer: In Connected and Paid
Interior and Exterior Features
Exterior Features
  • Pool Features: Community, In Ground
  • Pool Private: Yes
  • Pool: Yes
  • Spa: No
  • Stories Total: 1
Interior Features
  • Bathrooms Full: 8
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Heating: Central, Wall Furnace
  • Heating: Yes
  • Living Area: 4,635.00
  • View: No
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 73450 Royal Palm Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 73450 Royal Palm Drive

Taxable ValueLand$288,669Additions$536,104Total$824,773
Tax Record2023$11,722 ($977 / month)
Home Facts
Total Finished SqFt4,660 SqFtAbove Grade Finished SqFt4,660 SqFtStories1Lot Size20,037 SqFtStyleMulti-Family Res (5+ Units)Year Built1982ZoningR205MCountyRIVERSIDEAPN627-081-021

Schools near 73450 Royal Palm Drive

This home is within Desert Sands Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 5

La Quinta Middle School
Public6 to 8

Palm Desert High School
Public9 to 12

Palm Desert Charter Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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73450 Royal Palm Drive is a multi-family home for sale in Palm Desert, CA 92260. This property was listed for sale on October 2, 2024 by Upscale One, it's currently listed at $1,350,000. It has been on the market for a total of 3 days and was last sold on March 28, 2014. This listing's school district is Desert Sands Unified School District. Nearby schools include Abraham Lincoln Elementary School, La Quinta Middle School and Palm Desert High School. 73450 Royal Palm Drive is a 6-bed, 8-bath, 4,635 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Upscale One, Josh Hayes, DRE #01837667

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.