x
Showing 1 of 0
X
Save

44440 Acacia Drive
Palm Desert CA 92260 US

$1,799,000

Active Listing ID OC26009608
bed icon
12 bed
bath icon
6.00 Bath (6 Full)
lot icon
Lot: 8,712.00 Square Feet
home icon
Triplex

$1,799,000

Active Listing ID OC26009608
Save

44440 Acacia Drive 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 8,712.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air
  • Exterior Finish: Fence, Community Features Included: Curbs, Sidewalks, Street Lights, Suburban, 0-1 Unit/Acre
  • Floor Covering: Laminate, Wood
  • Roof Type: Composition
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 1799000
  • unparsedaddress: 44440 Acacia Drive
  • postalcity: Palm Desert
  • stateorprovince: CA
  • country: US
  • postalcode: 92260
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Square Feet
  • lotsizearea: 8712
  • livingarea: 5040
  • livingareaunits: Square Feet
  • latitude: 33.725731
  • longitude: -116.393139
  • listagentfullname: Nicole Cinquini
  • listagentemail: nicolecinquini@gmail.com
  • listagentkey: 3yd-MRMLSCA-SCINQNIC
  • listagentmlsid: SCINQNIC
  • listagentpreferredphone: 9496330006
  • listagentofficephone: 9493540450
  • listofficekey: 3yd-MRMLSCA-OC05850
  • listagentstatelicense: 01905299
  • listofficemlsid: OC05850
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1966
  • listingcontractdate: 2026-01-15
  • listagenturl: https://elliman.com/california
  • countyorparish: Riverside
  • parcelnumber: 640134004
  • appliances: Dishwasher, Microwave, Range, Range - Gas, Washer
  • cooling: Central Air
  • constructionmaterials: Stucco
  • flooring: Laminate, Wood
  • heating: Forced Air
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 12
  • roof: Composition
  • view: Mountain
  • waterfrontyn: False
  • interiorfeatures: No Interior Steps, Carbon Monoxide Detector(s)
  • exteriorfeatures: Fence, Community Features Included: Curbs, Sidewalks, Street Lights, Suburban, 0-1 Unit/Acre
  • architecturalstyle: Modern
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -116.39314, 33.72573
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Douglas Elliman Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nicolecinquini@gmail.com", "ListBrokerageCity":"Beverly Hills", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Jon.Butler@elliman.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/325ce7c1610f11e3a96122000a638dd3/20180713204011798.png", "ListBrokerageName":"Douglas Elliman Real Estate", "ListBrokeragePhone":"(424) 202-5004", "ListBrokeragePostalCode":"90212", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"150 S El Camino Dr", "ListBrokerageWebsiteUrl":"https://elliman.com/california", "ListOfficeAddress1":"28202 Cabot Rd Ste510", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"OCBUTLJON", "ListOfficeCity":"Laguna Niguel", "ListOfficeCountry":"US", "ListOfficeEmail":"jon.butler@elliman.com", "ListOfficePostalCode":"92677", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex, Mid Century Modern - Palm Desert, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/OC26009608/?channel=rexren", "MLSModificationTimestamp":"2026-01-15T09:25:26Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/16/2026 6:33:08 AM GMT
Source Updated Date: 1/20/2026 12:45:46 PM GMT

Courtesy of: Nicole Cinquini, Douglas Elliman of California, nicolecinquini@gmail.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.