46805 Highway 74 4, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 1 bath
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46805 Highway 74 4
Palm Desert, California 92260
ACTIVE
CONDITION: FAIR
2Beds
1Baths
924Sq Ft
960Lot Size
Property Price
LIST PRICE$239,000
EST. MARKET VALUE
$242,313
SUMMARY
This Strong Value Opportunity is a Condominium listed at $239,000—positioned well below the $242,314 Fair Market Value by 1%. This valuation gap offers $3,314 in Instant Equity. Featuring a Condition Rating of 4, the unit includes newer vinyl flooring and dual-pane windows, though the kitchen and bath remain dated. With Mountain Views, Pool/Spa access, and proximity to Palm Desert High School, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Estimated Market Value
$242,313
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46805 Highway 74 4 Subject | $239,000* List Price | 2 | 1 | 924 | $262 | - |
A 72694 Eagle Road 3 Sold | $239,000 | 2 | 1 | 840 | $285 | 0.1 mi |
B 72770 Willow Sold | $240,000 | 2 | 1 | 840 | $286 | 0.1 mi |
C 46943 Highway 74 4 Sold | $230,000 | 2 | 1 | 924 | $249 | 0.1 mi |
D 46183 Highway 74 20 Sold | $270,000 | 2 | 2 | 1,104 | $245 | 0.3 mi |
E 46181 California 74 17 Sold | $280,000 | 2 | 2 | 1,104 | $254 | 0.3 mi |
F 72714 Willow Street 4 Active | $299,000 List Price | 2 | 1 | 924 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the property features newer vinyl flooring and dual-pane windows, the kitchen and bathroom are significantly dated. The kitchen retains older tile countertops and white appliances (coil-top stove), and the bathroom fixtures appear to be from a 15-30 year old renovation cycle. The 1971 structure is functional and move-in ready but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Recreation
Ideally situated near El Paseo shopping and adjacent to scenic hiking trails, this unit offers a desirable South Palm Desert lifestyle with stunning mountain views.
- Modern Efficiency Upgrades
The condo features newer vinyl flooring, dual-pane windows, and energy-efficient shades, providing a move-in-ready interior with improved climate control.
- Comprehensive HOA Benefits
The monthly dues cover water, trash, and earthquake insurance, plus a planned roof replacement in 2025, offering significant value and long-term maintenance security.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =960, other record lot size in square feet = 875.
- Tenant Occupancy Constraints
The property is currently tenant-occupied, which requires coordinated showings and carries the logistical risk of ensuring the occupant vacates by the close of escrow.
- Shared Facility Limitations
The lack of in-unit laundry and the use of a shared garage space rather than a private one may be a drawback for buyers seeking maximum convenience and privacy.
About 46805 Highway 74 4
The updated 2BD/1BA condo is on the 2nd floor with up to date Balcony. There is newer vinyl flooring throughout. You enter into the Living Room and Dining areas which lead to the galley Kitchen with a full array of appliances and a large walk-in Pantry. The hallway leads to the two bedrooms, both with closets and a nice bathroom with shower over tub. This unit has dual pane windows and newer window shades for heat control and energy efficiency. This unit is tenant occupied and will need to coordinate for showings and buyer will need to let current occupant vacate by end of escrow period. Each building has on-site laundry with a secure shared garage space and extra storage unit. The adjacent hiking trails allows quick and easy access when the urge strikes for a hike or an extensive exploration of the trails. This unit is close to El Paseo & The Shops in Palm Desert (formerly The Westfield Mall), College of the Desert, The Living Desert and offers easy freeway access on Monterey Ave. Monthly HOA Dues are currently $429 and include Roof Coverage (New roof in 2025), exterior stucco painting, landscaping, 2 Pool/Spas, Water & Trash along with Earthquake Insurance. Will not last long at This Price? (Listing Agent has an ownership interest in this unit). Check This One OUT!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 960 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $429.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 2.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 924 | 1,519.896 |
| Lot Size | 960 | 2,713.504 |
| Price | $239.0K | $465.1K |
| Price per sq ft | $259 | $313 |
| Built year | 1971 | 1984 |
| HOA | $429.0 | $815 |
| Days on market | 29 | 81 |
Pricing History
Listed for Sale
Aug 11, 2026
$239,000
Initial Listing
Sold
Nov 4, 2015
$98,500
Public Record
Sold
Sep 22, 2009
$48,000
Public Record
Sold
May 4, 2001
$61,000
Public Record
Sold
Nov 25, 1997
$42,500
Public Record