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73605 Catalina Way, Palm Desert, California 92260, Palm Desert, 92260 - bed, bath

73605 Catalina Way, Palm Desert, California 92260 home-pic-0
ACTIVE$799,000
73605 Catalina Way, Palm Desert, California 92260
0Bed
0Bath
2,264Sqft
7,841Lot
Year Built
1980
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$353
HOA
-
Days on market
-
Sold On
-
MLS number
PW25093173
Home ConditionFair
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros.

Welcome to this beautifully maintained duplex located in the heart of Palm Desert! Each unit in this property offers a spacious and functional layout featuring two bedrooms and two bathrooms, perfect for families or roommates. Enjoy the warm desert evenings in the private outdoor spaces, perfect for relaxing or entertaining. 1st unit has large pool in the backyard, perfect for entertaining. This duplex is situated in a prime location, close to shopping, dining, and the vibrant Palm Desert lifestyle. Whether you're looking for an investment opportunity or a place to call home, this property is a must-see! Don't miss out on this rare opportunity to own a versatile duplex in a desirable area. Contact us today with any questions!

Condition Rating
Fair
Built in 1980, the property is well-maintained but shows clear signs of age in its interior finishes. The kitchen features dated white appliances, older style cabinets, and laminate countertops, indicating it likely hasn't been significantly updated in 15-30 years, or is original. The tile flooring and light fixtures also suggest an older aesthetic. While functional and clean, it requires minor updates to meet current design standards and buyer expectations, particularly in the kitchen and likely the bathrooms (though no images were provided for bathrooms).
Pros & Cons

Pros

Income-Generating Property: As a duplex, this property offers an excellent opportunity for rental income, making it attractive to investors or owner-occupiers seeking to offset mortgage costs.
Prime Location: Situated in the heart of Palm Desert, the property benefits from proximity to shopping, dining, and the vibrant local lifestyle, enhancing its desirability and potential rental value.
Spacious & Functional Layouts: Each unit features a spacious and functional layout with two bedrooms and two bathrooms, appealing to a wide range of potential tenants or residents.
Private Outdoor Spaces & Pool: The property includes private outdoor spaces for relaxation and entertaining, with one unit boasting a large backyard pool, a significant amenity in the desert climate.
Well-Maintained Condition: Described as 'beautifully maintained,' the property suggests a good level of care, potentially reducing immediate repair or renovation needs for a new owner.

Cons

Age of Construction: Built in 1980, the property's age may imply older systems (e.g., HVAC, plumbing, electrical) or design aesthetics that could require future updates or renovations to meet modern standards.
Unequal Unit Amenities: Only one of the two units features a large pool, which could create an imbalance in rental appeal, value, or potential tenant expectations between the units.
Lack of Specific System Updates: While 'beautifully maintained,' the description does not specify recent upgrades to major systems (e.g., roof, windows, HVAC), which, given the 1980 build year, could lead to future capital expenditures.

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