$450,000
●
House -
Off Market
45654 verba santa Drive
Palm Desert, CA 92260
2 Beds
0 Bath
1,384 Ft²
$710,371
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Your opportunity to buy this great home in prime location of South
Palm Desert, walking distance to El Paseo (the Rodeo Drive of the
desert). Over 1/3 acre, room to expend. Move right into this
charming home that features double pane windows through-out, tile
and laminate flooring, wood beam ceiling in living room with
flagstone fireplace, kitchen with granite counter top, stainless
steel appliances, updated bathrooms, expanded master bedroom. Over
sized three car garage and two RV parking provides space for all
your toys. Priced to sell in a neighborhood of more expensive
homes. A must see!
Unit Size
1,384 Ft²
Days on Market
17 days
Land Size
0.35 acres
Price per sqft
$339
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #218024706DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2025 | Listed | $1,690,000 | |
| Listed | |||
| | |||
|
Fully renovated from top to bottom! Location- steps away from El Paseo! Great seasonal rental income! Delight in Mid-Century Ranch architecture on this expansive .35 acres with stylish updates, separate CASITA, and just 2 short blocks from El Paseo in desirable south Palm Desert. This newly remodeled 1950 MCM with NEW pool & spa plus NEW A/C has three private bedrooms including the poolside Casita, open concept great room, bonus room/study, & chefs kitchen with professional grade appliances, floating shelves & white marble waterfall countertop. Retreat to the primary bedroom with sitting area, walk-in closet & recessed lighting. Primary bath is completely Renovated with modern finishes & boasts double vanity, soaking tub & shower with direct access to pool & spa. The great room features gas-burning fireplace with modern tile design, new tile flooring & mountain views.Connected by a breezeway, the newly added Casita is en-suite with poolside views & offers the luxurious finishes of the main home, while the oversized garage has epoxy floors & additional parking in the drive for RV and more. Outside, enjoy heated pool & spa, large lounge area & covered dining all nestled in the private landscaped desert gardens. The perfect location for your desert getaway.
| |||
| Jul 3, 2025 | Price Increased |
$1,799,000
↑ $100K
(5.9%) | |
| Price Increased | |||
| Sep 14, 2024 | Listed | $1,699,000 | |
| Listed | |||
| | |||
|
100K Price Improvement! Only for a limited time. Opportunity ends in April. See it today. Delight in Mid-Century Ranch architecture on this expansive .35 acres with four car garage and separate CASITA, just 2 short blocks from El Paseo in desirable south Palm Desert.This newly updated 1950 modern Mid-Century Ranch with NEW A/C & roof has three private bedrooms including poolside casita, open concept living & dining room, bonus room/study, & chefs kitchen with professional grade appliances including KitchenAid fridge, oven, cooktop & dishwasher, walnut wood grain cabinetry, floating shelves & white marble waterfall countertop. Retreat to the primary bedroom with sitting area, walk-in closet & recessed lighting. Primary bath is completely renovated with modern finishes & boasts double vanity, soaking tub & shower with direct access to the pool. The living room features gas-burning fireplace with modern subway tile design, new tile flooring & mountain views. Connected by a breezeway, the newly added casita is en-suite with poolside views & offers the luxurious finishes of the main home, while the oversized garage has epoxy-floors & additional RV access.Outside, enjoy heated pool & spa, large lounge area & covered dining all nestled in the private landscaped desert gardens.
| |||
| Apr 22, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Price Decreased |
$1,899,000
↓ $89K
(4.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Palm Desert
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Listed by: Gabriella Morel, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218024706DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218024706DA
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