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73795 Shadow Mountain Drive

Palm Desert, CA 92260
  • $2,595,000
  • STATUS: Active Under Contract
  • ON SITE: 14 days
  • MLS #: 219064987
Under Contract
$2,595,000
  • 8
    BEDS
  • 0.26
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,891
    SQFT
  • $531
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2016
County:

School Ratings & Info

Description

Boost your real estate portfolio INSTANTLY with this phenomenal income producing four plex in the heart of South Palm Desert!Incredible business opportunity for somebody who wants to attract and appeal to the upper echelon of renters/visitors either on a short-term or long -term basis.With its own HOA association, the CCNR's protecting the short-term rental rights to this property. This mid-century modern masterpiece, designed by the acclaimed architect Lance O'Donnell (O2 Architecture) consists of 4 luxury villas, fully furnished with a modern flair. With 2 unique open floor plans to choose from, these villas will charm not only the mid-century modern enthusiast, but also the most discerning clients from all over the world.The two bedroom and two bathroom residences feature fireplaces, floor to ceiling glass walls, stackable sliders, concrete floors, energy efficient lighting, and ultra modern built-ins, cabinetry, plumbing, hardware, and stainless appliances. All residences have outdoor patios and two include private courtyards, and a hot tub. Another added benefit to this opportunity is the intellectual property (fully functioning website with booking feature for future reservations, social media channels, etc) and built in-income that comes with the property. This asset produces great income per month and the growth here is astronomical.For financials, additional photos of other units, and more information about the LLC please contact Alexandra!

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©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KUD Properties. Based on information from the California Desert Association of Realtors as of 2021-07-30T23:35:12.017. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.kudprop.com/homes/119423674
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73795 Shadow Mountain Drive Palm Desert, CA 92260

  • Price: $2,595,000
  • Status: Active Under Contract
  • MLS #: 219064987
8
Beds
8
Baths
0
½ Baths
0.26
Acres
4,891
SQFT
$531
$/SQFT
2016
Built
Neighborhood:
Not Applicable
County:
Riverside
Area:
323 - Palm Desert South
Property Description
Boost your real estate portfolio INSTANTLY with this phenomenal income producing four plex in the heart of South Palm Desert!Incredible business opportunity for somebody who wants to attract and appeal to the upper echelon of renters/visitors either on a short-term or long -term basis.With its own HOA association, the CCNR's protecting the short-term rental rights to this property. This mid-century modern masterpiece, designed by the acclaimed architect Lance O'Donnell (O2 Architecture) consists of 4 luxury villas, fully furnished with a modern flair. With 2 unique open floor plans to choose from, these villas will charm not only the mid-century modern enthusiast, but also the most discerning clients from all over the world.The two bedroom and two bathroom residences feature fireplaces, floor to ceiling glass walls, stackable sliders, concrete floors, energy efficient lighting, and ultra modern built-ins, cabinetry, plumbing, hardware, and stainless appliances. All residences have outdoor patios and two include private courtyards, and a hot tub. Another added benefit to this opportunity is the intellectual property (fully functioning website with booking feature for future reservations, social media channels, etc) and built in-income that comes with the property. This asset produces great income per month and the growth here is astronomical.For financials, additional photos of other units, and more information about the LLC please contact Alexandra!
Exterior Features

Building Style ContemporaryMid CenturyModern Entry Location Ground Level - No Steps Gated Community No Levels Ground Parking Attached CarportCoveredOn StreetShared DrivewayUnassigned Property Orientation Faces Front Door Faces NorthLeisure Faces South Property Sub Type Condominium Total Carport Spaces 4.00 Total Covered Spaces 0.00 Total Parking Spaces 12.00 Total Uncovered Assigned Spaces 8.00 View No Window Treatments Custom Window Covering

Interior Features

Appliances DishwasherDryerElectric Dryer HookupElectric RangeGas OvenGas RangeGas/Elec Dryer HookupIce Maker - StandaloneMicrowave OvenRefrigeratorWasher Cooling Type Air ConditioningCeiling Fan(S)Dual Fireplace Yes Fireplace Features Gas Fireplace Location Living Room Flooring Concrete Heating Central Rooms Dining AreaLiving Room Total Fireplaces 1

Property Features

Elevator No Gross Annual Income Amount 20000.00 Land Type Fee Simple Laundry Yes Laundry Equipment Own Laundry Location Laundry Area Listing Terms Cash Lot Description Private Other Structural Features Energy Efficient Pool No Property Attached Detached Yes Property Condition Updated/Remodeled Rent Control No Sale Type Standard Security Safety Other Senior Community No Sewer InConnected And Paid Spa Hot Tub No Tax Mello Roos No Water Water District Water District Name Cv Water Water Heater Yes

Listing information © 2021 California Desert Association of Realtors.
Listing provided courtesy of Alexandra Miklosova of Exp Realty Of California, Inc..
©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KUD Properties. Based on information from the California Desert Association of Realtors as of 2021-07-30T23:35:12.017. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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KUD Properties
74124 Highway 111
Palm Desert CA, 92260