Palm Desert, CA 92260,74534 Driftwood DR
Palm Desert, CA 92260,74534 Driftwood DR
Palm Desert, CA 92260,74534 Driftwood DR
14
$2,060,000
$2,200,000
6.4%
Est.Price: ?

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7,840 Sqft Lot

74534 Driftwood DR Palm Desert, CA 92260

Est. payment /mo
SOLD DATE : 04/20/2022

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Key Details

Sold Price $2,060,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219075088DA

Year Built 1965

Lot Size 7,840 Sqft

Property Description

Property is 2 4-Plexes: 74534 Driftwood ( APN 625162032 ) and 74536 Driftwood ( APN 625162031) to be sold together. Excellent South Palm Desert location. Rents are below market ( see attached rent roll ) so plenty of upside. All units are similar 2bed 1 bath floorplans and approx. 700 sqft each. Market rents are $1650

Location

State CA

County Riverside

Area 323 - South Palm Desert

Exterior

Parking Features Other

View Y/N No

Building

Story 1

Sewer Unknown

New Construction No

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Mogavero • Desert Properties of Coachella Valley
Bought with Steven Mogavero • Desert Properties of Coachella Valley

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agent

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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