Income Producing Opportunity in South Palm Desert!
46-305 Portola Avenue, Palm Desert, CA 92260
Offered at $1,295,000
Living Size: 4400
Lot Size: 10454
Broker Associate/ Owner Marilyn Ford
The best location with views of the Shadow Mountain Golf Course and Western mountains. This four-plex has been Owner occupied (Unit A) and maintained and updated. Not your standard rental property as the Sellers unit is highly remodeled. As year round long time occupants the Sellers have taken great care of this property. All four units are 2 bedroom, 2 bath approximately 1100 square feet each. The Owner Unit A has had closet removed in front bedroom to use as an office. Both baths and kitchen have been extensively redone with stone tile showers, counters and cabinets. The pool is located on the South side of the building creating a nice grass yard with fruit trees off the patios. Each unit could rent for $1,600-$1,800 per month unfurnished. One upstairs unit is turnkey furnished and could be a seasonal vacation rental (monthly minimum). Currently, only 3 units are rented as one is owner occupied. Single enclosed garage space for each unit. Units are all electric but pool heat is gas. This is an ideal South Palm Desert location with no HOA and within walking distance to El Paseo shopping and dining and The Living Desert.