40235 Harris Lane, Palm Desert, California 92211
  • $6,000,000
  • $6,200,000

Overview

Property ID: CV24155855
  • Apartment, Residential Income
  • Property Type
  • 24360 Sqft
  • Area Size
  • 1981
  • Year Built

Description

We are proud to present an exceptional opportunity to acquire the Monta Vista Townhomes, a meticulously well kept 24-Unit multifamily property situated between Country Club Drive and Washington Street on 40235 Harris Lane in the city of Palm Desert. With each unit having its own individual parcel number, this property has ±24, 360 of rentable SF and is situated on a generous ±143, 312 SF lot. Property is eligible for short term rental permits and is located in the R-3 Zone. Palm Desert boasts sunshine most of the year creating consistent demand for rentals due to the steady influx of residents. 40235 Harris Lane offers a central location with convenient access to public transportation and the 10 Freeway, in addition to a variety of retail centers, high-end restaurants, shops and resorts catering to diverse needs and providing excellent entertainment options for residents. The desirable Monta Vista Townhomes feature large, open-style floor plans with upgraded fully equipped kitchens with stainless steel appliances, modern fixtures, vertical blinds, central AC/heating, washer and dryer hook-ups, private patios and a combination of stylish plank wood and carpet flooring throughout. The property boasts a combination of desert and lush landscaping with lovely mountain views, covered carport parking, laundry facilities, private dog park, tennis court and a luxury resort style pool and spa. The Monta Vista Townhomes is a stable income-producing asset in the Coachella Valley, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

  • Address: 40235 Harris Lane
  • City: Palm Desert
  • State/county: CA
  • Zip/Postal Code: 92211
  • Country: US

Details

Updated on December 19, 2024 at 5:54 am
  • Property ID CV24155855
  • Price $6,000,000
  • Property Size 24360 Sqft
  • Land Area 3.29 Acres
  • Year Built 1981
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Riverside
  • Property Type Residential Income
  • Pool Community
  • Community Features Curbs, Sidewalks, Pool

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