73692 Santa Rosa Way
Palm Desert, CA 92260

Bd   — Ba   2.78 Acres    184 Days
is pleased to exclusively market for sale a four-unit apartment complex located at 73692 Santa Rosa Way in the highly regarded city of Palm Desert within the Coachella Valley. Built in 2007, the property features an excellent unit mix of large two- and three-bedroom units. The property consists of one building situated on a large 0.28 acre/12,196 square foot lot. Construction is wood frame with stucco exterior. Units feature well-equipped kitchens that include a gas oven/range, built-in microwave, and refrigerator. The units are spacious with washer/dryer hook-ups and garbage disposals. The property is located within a residential neighborhood surrounded by single family homes & small multifamily apartment communities. This offering presents an investor with the opportunity to acquire a turnkey asset with very little risk of unforeseen maintenance issues due to newer construction, great rental location in a highly desirable Coachella Valley location. Within walking distance to the famed and exclusive "El Paseo" shopping district, which includes high-end retailers such as Sak's 5th Avenue, Gucci, Tiffany & Co., Escada, and Coach, as well as shopping malls. Palm Desert as a whole is renowned for its destination golf courses and resorts.
  • $0 HOA
  • $6/Sqft
  • MLS#CV16139342 provided by ALEXANDER GARCIA of MARCUS & MILLICHAP
  • Movoto last checked CRMLS for new data 2 hours ago
  • CRMLS last updated this listing 8 months ago

Home Features for 73692 Santa Rosa Way , Palm Desert

Year Built: 2007
Lot Size Acres: 0.28
Lot Size Square Feet: 12197
Lot Size Units: Square Feet
Lot Size Area: 12197
Price Per Square Foot: 6.19
Tax Lot: 1
Tax Tract Number: 45108
New Taxes Expense: 11063
Parcel Number: 627101044
Special Listing Conditions: Standard
Standard Status: Closed
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Property History for 73692 Santa Rosa Way, Palm Desert

Status
Date
Price
Sold
Dec 21, 2016
$750,000
Pending
Oct 28, 2016
Listed
Jun 20, 2016
$795,000
#CV16139342

Real Estate Market Statistics for 73692 Santa Rosa Way, Palm Desert

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73692 Santa Rosa Way

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List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$795K

73692 Santa Rosa Way

$399K

92260

3% y/y

92260

$396K

Palm Desert

2% y/y

Palm Desert

See all trends for Palm Desert
As of , there are 338 properties listed for sale in ZIP code 92260 and 790 properties listed for sale in the city of Palm Desert, CA. Those 790 properties include 383 single family homes and 407 condos. This property at 73692 Santa Rosa Way in 92260 was last listed for $750,000. This is 89% above the current median price of $396,500 for Palm Desert and 88% above the median of $399,500 for 92260. 73692 Santa Rosa Way is approximately 2.78 Sqft, which is 85% below the Palm Desert median of 1,914 and 85% below the 92260 ZIP code median of 1,857. This property's price per Sqft was $6, which is 97% below the current median price in 92260 of $222 and 97% below the Palm Desert median of $210 per square foot.
Built in 2007, this multi family house at 73692 Santa Rosa Way, Palm Desert CA, 92260 is approximately 121,196 square feet and comes with 8 parking spots. It was last listed with a cost per Sqft of $6. 73692 Santa Rosa Way is located in the Palm Village Garden neighborhood in the Desert Sands Unified. The closest school is Abraham Lincoln Elementary School.

73692 Santa Rosa Way, Palm Desert CA, 92260 was on the market for 184 days. The median days on the market for properties in this area is 119 with a median list price of $396,500 and median cost per square foot of $210. Its current status is sold under the MLS #CV16139342.

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