74550 Shadow Hills, Palm Desert, CA 92260
$1,755,000
Property Type:
Residential Income
Square Footage:
17,614
Lot Size (sq. ft.):
50,965
Status:
Closed
Current Price:
$1,755,000
List Date:
3/31/2003
Last Modified:
5/12/2026
Description
Great location! Close to Hwy 111, shopping, restaurants and transportation - Walk to El Paseo. Gorgeous mountain views, swimming pool. 8 buildings, 6 lots, 23 units; One lot is vacant with room to add additional units.
More Information MLS# 41154266
Listing, Location and Property Info
Entry Date: 2003-03-28
Land Type: Fee
Builders Tract Code: Not in a Development
General Property Information
Total Units: 23
SqFt Source: Other
Price Per Unit: 0
Approx SqFt: 17614
Lot Acres: 1.17
Lot Size: 50965.2
Lot Size Source: Assessor
Year Built: 1963
Income & Expenses
Actual Total Rent $: 0
Annual Gross Rent $: 0
Garage Income $: 0
Gross Annual Income $: 180120
Gross Income $: 0
Gross Operating Income $: 174716
Gross Schedule Income $: 180120
Gross Spendable Income $: 0
Laundry Income $: 0
Net Operating Income $: 134019
Other Income 1 $: 0
Other Income 2 $: 0
Advertising Expense $: 0
Cable TV $: 0
Electricity $: 0
Elevator Expense $: 0
Expense Management $: 1380
Furniture $: 0
Gardener $: 1200
Gas $: 0
Insurance $: 3146
Licenses $: 0
Maintenance %: 0
Manager $: 1380
Operating Expenses $: 40697
Other Expense $: 0
Pest Control $: 900
Pool Expense $: 720
Repair/Maintenance %: 0
Security Expense $: 0
Supplies $: 0
Total Annual Operating Expenses $: 174716
Trash $: 2040
Water Expense $: 1211
Workers Compensation $: 0
Assessed Improved %: 0
Assessed Improvement $: 0
Assessed Total Value $: 0
Cap Rate %: 0
Personal Property Percent %: 0
Tax Rate %: 0
Total Taxes $: 0
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Water: 1
Listing Terms
Cash: 1
Parking Spaces/Information
Total Covered Spaces: 0
View Type
Mountain(s): 1
Levels
One: 1
Two: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Vinyl: 1
Cooling Type
Air Conditioning: 1
Heating Fuel
Natural Gas: 1
Sewer
In, Connected and Paid: 1
Water
Water District: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 625161004
Status: Closed
Listing Date: 2003-03-28
Original List Price: 2000000
Sold Price: $1,755,000
Current Price: $1,755,000
Street #: 74550
Street Name: Shadow Hills
County: Riverside
State: CA
Zip Code: 92260
Area: 323 - Palm Desert South
Status Change Info
Status Change Date: 2003-11-25
Pending Date: 2003-05-08
Closed Date: 2003-11-17
Closed Price: 1755000
Parking SpacesInformation
Total Parking Spaces: 10
Property Features
Tenant Pays: Cable TV; Electricity; Gas; Water
Listing Terms: Cash
View Type: Mountain(s)
Levels: One; Two
Flooring: Carpet; Ceramic Tile; Vinyl
Cooling Type: Air Conditioning
Heating Fuel: Natural Gas
Sewer: In, Connected and Paid
Water: Water District
Land Lease Type: Fee Simple
Listing Office:
The Real Estate Firm
Listing Agent:
Kathryn Reed
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.