74380 El Camino 22, Palm Desert, CA 92260

$227,000 Asking Price

1 bed
1 bath
600  sqft
Built in 1963

This studio offers a unique opportunity to own a piece of Palm Desert history. Situated just three blocks from El Paseo, known for its world-famous shopping, this property is perfect for those who enjoy an active lifestyle with great hiking, biking, tennis, and golf opportunities nearby. Originally constructed between 1959 and 1962 by Jimmy Hoffa as a retreat for Teamster bosses, this property is rich in history and character. It features 52 studio units in 7 buildings with both pools and the spa currently undergoing a transformation set to be completed by August 1st. Whether you're looking for a starter home or an investment property, this studio has potential. However, please note that it is being sold AS IS and will require some renovation work, so be ready to bring your hammer and make it your own. Several are in Airbnb as long as you receive a permit from the city of Palm Desert.

Features & Amenities

Interior

Laundry:
N/K
A/C:
Wall/Window
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
500.0, Monthly
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
R304M, 625340026
View:
Courtyard

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Real Broker, Janet DePerry

About Palm Desert, CA

Housing

Number of Units
41,408
Median Home Value
$400,665
Median Rent
$1,256

28.92% of housing units are renter occupied.

29.58% are vacant.

Commute

Car
64.43%
Public Transportation
1.69%
Walk to Work
1.52%
Work from Home
29.75%
Other
1.38%

The median travel time to work is 15 minutes.

People

Population
58,188
Median Age
54.80
Median Household Size
2.31

Education

High School
18.81%
Associate’s Degree
8.43%
Bachelor’s Degree
23.97%
Graduate Degree
15.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: