73692 Santa Rosa Way
Palm Desert, CA 92260

Bd   — Ba   2.78 Acres
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.
  • Neighborhood: Palm Village Garden
  • Days on Movoto: 184
  • Year Built: 2007
  • HOA: $0 HOA
  • $/Sqft: $6
  • Lot: 12,197 Sqft
  • Property Type: Multi Family
  • MLS#: CV16139342
  • MLS:
  • Listing Office: MARCUS & MILLICHAP
  • Listed By: ALEXANDER GARCIA
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 5 months ago
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Property History

Status
Date
Price
Sold
Dec 21, 2016
$750,000
Pending
Oct 28, 2016
Listed
Jun 20, 2016
$795,000
#CV16139342
73692 Santa Rosa Way in 92260 was last listed for $750,000. As of today, , this is 97% above the current median price of $380,000 for the city of Palm Desert, CA and 88% above the median of $399,000 for ZIP code 92260. Right now, there are 477 properties for sale in 92260 and 1,074 properties listed for sale in Palm Desert. Those 1,074 properties are made up of 498 single family homes and 576 condos. The square footage of 73692 Santa Rosa Way is approximately 2.78, which is 85% below the median size of 1,900 square feet in Palm Desert and 85% below the median size of 1,876 square feet in ZIP code 92260. This property's price per square foot was $6, which is 97% below the current $224 median in 92260 and 97% below the $208 Palm Desert median.
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 93 with a median list price of $380,000 and median cost per square foot of $208. Its current status is sold under the MLS #CV16139342.

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