Palm Desert, CA 92260,72805 Parkview Drive
$9,999,999
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4 SqFt
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72805 Parkview Drive Palm Desert, CA 92260

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4 sqft

Price per Sqft $2,499,999

MLS Listing ID CRPW25265610

HOA Y/N No

Year Built 1989

Lot Size 3.700 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Truly ONE-OF-A-KIND, this 26-unit multifamily community spans 6 distinctive buildings and offers a rare combination of privacy, convenience, and strong rental appeal. This property offers (1) 3 bedroom, 2 bath unit, (20) 2 bedroom, 2 bath units and (5) 2 bedroom, 1 bath units that are ALL BELOW MARKET VALUE. Every unit has central Air Conditioning and its own private 2-car detached garage. The community has an additional 26 uncovered parking spaces for guest parking. Property is fully occupied with substantial rental upside. The community offers desirable shared features, including a sparkling pool, on-site laundry facilities, and well-maintained grounds. Gas, water, and trash are included, streamlining management and providing added value to residents. Ideally located to all things great in the desert and is in walking distance to the College of the Desert. This property consistently attracts long-term, reliable tenants. With unmatched features and steady tenant demand in a prime location, this is a standout investment opportunity with exceptional long-term potential. Impeccably maintained property with pride of ownership. Do not disturb occupants.

Location

State CA

County Riverside

Interior

Heating Forced Air

Cooling Central Air

Flooring Tile, Carpet

Fireplace No

Laundry Common Area

Exterior

View Mountain(s), Other


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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72805 Parkview Drive