73655 Shadow Mountain Drive
73655 Shadow Mountain Drive
$4,999,900
24
18,996
18,996
$263
Description
Great Investment Opportunity in Palm Desert. Introducing a rare investment opportunity located in the heart of Palm Desert at the southwest corner of Shadow Mountain Drive and San Luis Rey. This offering includes two adjacent buildings at 73665 and 73675 Shadow Mountain Dr., both operated as a single business entity known as Yum Yum Tree Apartments. The property spans 43,560 square feet of land with a total building size of 18,996 square feet. Built in 1972 and 1974, the property comprises 18 units...Great Investment Opportunity in Palm Desert. Introducing a rare investment opportunity located in the heart of Palm Desert at the southwest corner of Shadow Mountain Drive and San Luis Rey. This offering includes two adjacent buildings at 73665 and 73675 Shadow Mountain Dr., both operated as a single business entity known as Yum Yum Tree Apartments. The property spans 43,560 square feet of land with a total building size of 18,996 square feet. Built in 1972 and 1974, the property comprises 18 units in total, featuring 12 one-bedroom units and 6 two-bedroom units. The exterior construction is a combination of frame and stucco with a shingle mansard roof facade. The beautifully landscaped grounds include a gated pool at the larger complex. The 73665 building offers carport, surface parking, and garage options, while the 73675 building features detached single car garages. This property is ideally situated in a prime residential community, just one block south of the bustling shopping district known as El Paseo and near the regional mall and prime restaurants. These types of investment opportunities are ultra-rare and highly sought after. Don't miss out on this exceptional offering. For further information, please call. Note: 2yr ProForma attached to this listing.
- Listed by Jose Espinoza • DRE #01754045 • OZA Realty
Property Details for 73655 Shadow Mountain Drive
Subdivision Name
Not Applicable-1
Carport Spaces1.00
Garage Spaces1.00
ViewMountain(s), Peek-A-Boo
Cross StreetSan Luis Rey
Location
LISTING UPDATED: 05/17/2024 03:06 PM
Property Details for 73655 Shadow Mountain Drive
Status | Active |
---|---|
MLS # | 219111667 |
Days on Market | 15 |
Taxes | $40,207 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1972 |
County | Riverside County |
Location
Building Information for 73655 Shadow Mountain Drive
Building/Complex73655 Shadow Mountain DrFloor-Stories2Residences-Pet Policy-Year Built1972Building Size-
Payment Calculator
$30,637 per month
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Property Information for 73655 Shadow Mountain Drive
Property History for 73655 Shadow Mountain Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 73655 Shadow Mountain Drive
This home is within Desert Sands Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
George Washington Charter School CharterK to 5 | ||
La Quinta Middle School Public6 to 8 | ||
Palm Desert High School Public9 to 12 | ||
Palm Desert Charter Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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