Shadow Mountain Fourplex
Type: Multifamily
73575 Shadow Mountain Drive Palm Desert, CA 92260
Status:
Sold
Close of Escrow: 06/10/2025
Total Number of Units: 4
Year Built: 1990
Sale Price: $1,516,900
Price per Unit: $349,750
Price per Square Foot: $308.69
CAP Rate: 3.48%
GRM: 16.54
Downpayment: $699,500
Net Operating Income: $54,215
Rentable Square Feet: 4,532
Lot Size: 0.31
Unit Type
2B2B
2B2B+2 Car Garage
No. of Units
2
2
Le Investment Group is proud to present this 4-Unit Apartment located on 73575 Shadow Mountain Drive, Palm Desert, CA 92260. This four (4) unit apartment is composed of four (4) large Two bedroom / Two bathroom units.The current ownership’s emphasis has been on quality updates which include capital improvements for various units such as HVAC replacement, rehab expenses, landscaping replacement, and numerous other quality updates.Property is priced at $308.69 per square foot, which is significantly lower than the market average of $363.87 per square foot.
