$ 6,000,000
40235 Harris Lane Palm Desert, CA 92211
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by ERIC CHEN • CB RICHARD ELLIS
$ 6,000,000
Est. payment /mo
New
40235 Harris Lane Palm Desert, CA 92211
24,360 SqFt
UPDATED:
11/25/2024 03:52 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 24,360 sqft
Price per Sqft $246
MLS Listing ID CV-24155855
Year Built 1981
Lot Size 3.290 Acres
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
Interior
Heating Central
Cooling Central Air
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Gated
Pool Community
Community Features Curbs, Sidewalks
Building
Lot Description Lot Over 40000 Sqft, 21-25 Units/Acre
Sewer Public Sewer