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. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/18/2024

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