ActiveResidential · sale

45990 Highway 74

Palm Desert, CA 92260

$415,000

  • 2 beds
  • 2 baths
  • 1,204 sq ft
  • 0.03 acres
  • Built 1972

Listed by Compass · MLS #219148569DA

45990 Highway 74, Palm Desert, CA 92260 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1972.

Property size

0.03 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Location lifestyle and mountain views come together in this beautifully maintained single level residence just moments from world renowned El Paseo Ideally situated in the heart of South Palm Desert this inviting home offers stunning mountain views from the living room and welcoming patio creating the perfect backdrop for enjoying spectacular desert sunrises and colorful evening skiesOne of the homes most desirable features is its prime location adjacent to the community pool providing the feel of a private resort style retreat without the maintenance Inside the thoughtfully designed floor plan features two generously sized bedrooms soaring vaulted ceilings abundant natural light and tile flooring throughout for easy maintenance and comfortable desert living The spacious living area is anchored by large sliding glass doors that beautifully frame the surrounding mountain views seamlessly connecting indoor and outdoor spaces The kitchen and dining areas flow effortlessly into the living room creating an inviting atmosphere for everyday living and entertaining alike An indoor laundry area adds convenience while the well proportioned bedrooms provide comfortable accommodations for residents and guests Step outside to a peaceful backyard retreat featuring a lush grassy area and plenty of space to relax dine outdoors or enjoy Palm Deserts year round sunshine The community enhances the setting with mature landscaping fruit trees and a sparkling pool creating a tranquil environment that feels worlds away while remaining close to everything Located just minutes from the premier shopping dining art galleries and entertainment of El Paseo this exceptional property also offers convenient access to hiking trails golf courses and the many outdoor activities that make the desert such a sought after destination Easy access to Frontage Road makes getting around the valley effortless while assigned parking guest parking and low HOA dues add to the homes appeal Whether youre seeking a full time residence seasonal retreat or investment opportunity this South Palm Desert gem offers an exceptional combination of location views convenience and relaxed desert living Dont miss the opportunity to experience one of Palm Deserts most desirable lifestyle locations Schedule your private showing today
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THE NEIGHBORHOOD

Explore the location.

45990 Highway 74, Palm Desert, CA 92260

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1972
Full baths
1
Half baths
0
Garage spaces
0
Heating
ForcedAir
Flooring
Tile
Pool
No
Spa
No
Subdivision
Sun & Stars
Parcel
628081020
HOA amenities
Other
HOA fee frequency
Monthly
HOA fee
$400.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$1,729.17
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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45990 Highway 74, Palm Desert, CA 92260 · MLS #219148569DA

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Listing information

MLS #219148569DA · California Regional MLS

Listing brokerage: Compass
Listing agent: Rebecca May

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.