44440 Acacia Drive
Palm Desert, CA, 92260
$1,799,000
Beds
0 Baths
0 SqFt
0.2 Acres
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MLS #OC26009608 image #0
44408 & 44440 Acacia Drive in Palm Desert presents a rare opportunity to acquire two adjacent triplex buildings sold together as one cohesive six-unit investment. Each building features three units, with a shared pool area, shared on-site laundry, and ample parking, creating an efficient, easy-to-manage multifamily layout. If you’re looking for a clean, low-maintenance asset in a strong rental market, this is the kind of opportunity that doesn’t come along often. What sets this property apart is the scope of work already completed, coupled with a fully updated rent roll that reflects current market conditions.. Nearly every major system and surface has been thoughtfully updated, removing the capital expense uncertainty that often comes with small multifamily. The property features a new roof with full tear-off, fresh underlayment, sealed vents, and new shingles. All six units have been extensively renovated with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors, hardware, lighting, fans, fixtures, and new appliances. Tankless water heaters have been installed for modern efficiency and long-term reliability. The exterior has been refreshed with patched and painted surfaces, cleaned soffits, improved curb appeal, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas with new furniture and amenities. Each unit offers a well-designed two-bedroom, one-bath layout that consistently performs in the Palm Desert rental market. All legacy tenants have been removed, and the property is now leased at market rents, allowing a new owner to step directly into stabilized income without the need for repositioning. The location further strengthens the investment, situated near College of the Desert, shopping, dining, golf, and major thoroughfares, creating strong tenant demand and long-term retention. Priced significantly below recent appraised value, this offering is ideal for 1031 exchange buyers, portfolio investors seeking stabilized income, or private investors who want a modernized asset without renovation risk. This is not a “someday” value-add project. The work is done. You’re not buying a project, you’re buying stability, thoughtful execution, and an income-producing asset built to perform in a market where quality small multifamily inventory is increasingly difficult to replace.

Property Details

Price:
$1,799,000
MLS #:
OC26009608
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
322northpalmdesert
Listed Date:
Jan 16, 2026
Total Sq Ft:
5,040
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1966
See Remarks, Mid Century Modern322 – North Palm Desert322northpalmdesertSee Remarks

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Schools

Interior

Appliances
DW, MW, GR
Cooling
CA
Flooring
LAM, WOOD
Heating
FA
Laundry Features
CM

Exterior

Architectural Style
SEE, MCM
Community Features
SDW, SL, SUB, CRB
Construction Materials
STC
Parking Spots
12
Roof
CMP
Security Features
SD, COD

Financial

Gross Operating Income
$117,648
Net Operating Income
$85,087

Map

Community

Subdivisions in Palm Desert

Market Summary

Current real estate data for Single Family in Palm Desert as of Feb 14, 2026
891
Single Family Listed
133
Avg DOM
229
Avg $ / SqFt
$668,400
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 44440 Acacia Drive Palm Desert CA is a Single Family for sale in Palm Desert, CA, 92260. It is listed for $1,799,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1966. The average price per square foot for Single Family listings in Palm Desert is $229. The average listing price for Single Family in Palm Desert is $668,400.

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44440 Acacia Drive
Palm Desert, CA