73385 Shadow Mountain Dr, Palm Desert, CA 92260

Sold On 03/25/2021

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    MLS # 21-686784
    Listed on 01/29/2021
    Status Sold
    Price $1,195,000
    Type Multiplex
    Subtype Triplex
    Size of home 4,114 Sq ft
    Beds / Baths 6 / 6.00
    Size of lot 13,504 sq ft
    Location address 73385 Shadow Mountain Dr
    Palm Desert 92260


    Income producing fully rented mid-century tri-plex located in South Palm Desert one block from El Paseo. This one of a kind tri-plex is larger than most with (3) units all with two bedrooms and two baths. The largest unit has living, dining, large kitchen with updated tile flooring, kitchen and baths. The bookend unit is also spacious with a great covered private patio, updated kitchen, baths and flooring. The middle unit has has two bedrooms and two baths and all units have laundry inside with washer/dryers. In addition its a rare find to have (4) garage spaces with (1) for each unit and (1) spare that could be perhaps rented out for additional income and there are also (4) additional parking spots at the property. Center courtyard is a great communal area however each unit also has it's own private rear yard area too. Newer systems and great location make this perfect for cash flow investors or live in one and reward yourself with income producing neighbors and no HOA!

    General Information

    Original List Price $1,195,000
    Price Per Sq/Ft $290
    Furnished No
    Land Type Fee
    Land Lease Expires N/A
    Pool No
    Spa No
    Year Built 1967
    Levels One Level
    Flooring Tile
    Appliances Oven, Microwave, Gas
    Patio Features Covered, Patio Open
    Laundry Inside
    Fireplace No
    Heating Type Central
    Cooling Type Central
    Parking Spaces 8
    Parking Type Garage, Uncovered, Garage - 4+ Car, Garage Is Detached
    Management Name Utopia

    Courtesy of: P S Properties / Bennion Deville Homes