Active
40235 Harris LN
PALM DESERT CA, 92211
$6,000,000
$246.31 per sqft
Active
2 Beds
2 Baths
24,360 sqft
Multi-family
Built in 1981
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.
CV24155855MR
MLSⓇ ID
July 29, 2024
Listed
October 18, 2024
Updated
Map
40235 Harris LN
PALM DESERT CA, 92211
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
2
Laundry Description
Electric Dryer Hookup, Hookup - Electric, Washer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
3.29 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Palm Desert North
Days on Market
40
Garage
No
Parking Total
26
View
No
County
Riverside
Water Source
Public
Pool
No
Listed by ERIC CHEN with CB RICHARD ELLIS
Listing Contact: 909-418-2071
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Chase Owens | CA DRE# 02019767 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10/18/2024