40235 Harris LN Active

Palm Desert,CA 92211

$ 6000000

2 Beds

2 Baths

24360 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,360 sqft

Price per Sqft $246

Subdivision Monte Vista Townhomes

MLS Listing ID CV24155855MR

Bedrooms 2

Year Built 1981

Lot Size 3.290 Acres

Acres 3.0

Property 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.

Location

State CA

County Riverside

Area Palm Desert North

Interior

Heating Central

Cooling Central

Laundry Electric Dryer Hookup, Hookup - Electric, Washer Hookup

Exterior

Garage Spaces 26.0

Community Features Curbs, Sidewalks

Building

Story 2

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard

View More
Favorite Go Tour