74056 El Cortez Way, Palm Desert, CA 92260
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74056 El Cortez Way Palm Desert, CA 92260

$599,000
  • 6 Beds
  • 3 Baths
  • 2,066 Sq.Ft.
For Sale
$599,000 Get Pre-Qualified

Map preview of 74056 El Cortez Way, Palm Desert, CA 92260

Property Overview: 74056 El Cortez Way Palm Desert, CA has 6 bedrooms, 3 bathrooms, 2,066 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is a fantastic opportunity in Palm Desert! This single family residence has an attached casita that offers multiple income producing opportunities! Live in the main home and rent the casita long term or consider the homeshare opportunities! This property has 6 bedrooms and 3 bathrooms total with the main home consisting of 4 bedrooms and 2 bathrooms and the casita consisting of 2 bedrooms and another bathroom. The interior has been updated with new paint, new kitchen cabinets and counter tops as well as tile showers and laminate plank flooring in the last few years. Best of all, the roof and AC have been updated! The current owners have used the property as a NON-conforming duplex, meaning they've rented both the casita and the main home to separate tenants! The home has endless potential and a large pool could be put in the backyard to take advantage of the beautiful mountain views and quiet serenity of the community. The property is conveniently located next to El Paseo and within walking distance to many delicious restaurants!

Listed by Niki Vrondakis | BRE #01973686 | Ready Properties
Last checked: 13 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
219110277PS
City
Palm Desert
County
Riverside
Time on Site
13 days

Open Houses for 74056 El Cortez Way

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Property Details for 74056 El Cortez Way

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), Central Air
Heating Information
  • Has Heating
  • Central, Forced Air, Fireplace(s)
Fireplace Information
  • Has Fireplace
  • Gas Starter, Living Room
Room Information
  • Flooring: Laminate, Vinyl
  • Guest/Maid's Quarters, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Water Line to Refrigerator, Refrigerator, Disposal
  • Quartz Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Guest House Attached
  • No Spa
  • Has Sprinklers
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Street, Driveway, Unassigned
  • No Attached Garage
Lot Information
  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s)
  • Parcel Number: 625061003
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-1
  • Directions: From Fred Waring, head south on Portola Ave. Turn left on El cortez. Property is on your left hand side. Cross Street: Portola Ave and El Cortez.
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Sale History for 74056 El Cortez Way

Last sold for $406,700 on August 19th, 2020
  • April, 2024

  • Apr 18, 2024

    Date

    Active

    CRMLS: 219110277PS

    $599,000

    Price

  • December, 2023

  • Dec 30, 2023

    Date

    Expired

    CRMLS: 219097711PS

    $575,000

    Price

  • Jul 24, 2023

    Date

    Active

    CRMLS: 219097711PS

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    This single family home with attached guest house is a great investment opportunity. It is being used as a 'Non-Conforming Duplex' allowing a savvy investor to rent the 4 bedroom, 2 bath main home and 2 bedroom, 1 bath guest unit separately to generate more income! The property was remodeled in 2018 as the photos reflect with new flooring throughout and updated kitchen, bathrooms, recessed lighting, and casita Mini Split AC units. Plus, there was a BRAND NEW roof recently put on! The downtown location is highly convenient and the property is walking distance from Palm Desert highlights like El Paseo, Civic Center Park and College of the Desert!

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: 219059955PS

    $550,000

    Price

  • Jun 17, 2021

    Date

    Withdrawn

    CRMLS: 219059955PS

    $550,000

    Price

  • May 12, 2021

    Date

    Price Change

    CRMLS: 219059955PS

    $550,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: 219059955PS

    $575,000

    Price

  • Apr 11, 2021

    Date

    Hold

    CRMLS: 219059955PS

    $575,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: 219059955PS

    $575,000

    Price

  • Apr 5, 2021

    Date

    Coming Soon

    CRMLS: 219059955PS

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    Rare, income producing opportunity in the heart of Palm Desert. This single family home has an attached casita and has been functioning as a NON-conforming duplex. The main home is 4 bedrooms and 2 baths, with its own washer and dryer and the attached casita is 2 bedrooms/1 bath with a kitchenette and private laundry. There is one electric meter, one water meter and one gas meter. Live in one side and rent the other OR, what an amazing opportunity for a multi-generational family looking to have a private place for Mom! The entire property has been updated with new kitchen cabinets and appliances, new flooring and new. tile showers and vanities. The yard has been split so that the casita has a private outdoor space but if you take down the fence there is AMPLE room for a pool! And what great mountain views from the back! Please call for more information and to arrange showing access.

  • August, 2020

  • Aug 24, 2020

    Date

    Sold

    CRMLS: SR20098692

    $406,700

    Price

  • Jul 30, 2020

    Date

    Pending

    CRMLS: SR20098692

    $439,000

    Price

  • Jul 16, 2020

    Date

    Active

    CRMLS: SR20098692

    $439,000

    Price

  • Jul 8, 2020

    Date

    Active Under Contract

    CRMLS: SR20098692

    $439,000

    Price

  • May 25, 2020

    Date

    Active

    CRMLS: SR20098692

    $439,000

    Price

  • Listing provided courtesy of CRMLS

    Originally purchased as a NON CONFORMING duplex. One side of the property houses 4 bedrooms and 2 bathrooms. The other side houses 2 bedrooms and 1 bathroom. Both units have been recently remodeled. Phenomenal income generating opportunity. BRING ALL OFFERS.

  • June, 2019

  • Jun 3, 2019

    Date

    Canceled

    CRMLS: 219014147DA

    $3,750

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: 219014147DA

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    2018 Remodeled 4 bedroom and 2 bath Home with attached 2 bedroom 1 bath casita. 6 Bedrooms and 3 Bathrooms total. Both have their own washer / dryer. Owner pays all utilities.

  • May, 2019

  • May 3, 2019

    Date

    Canceled

    CRMLS: SR19027255

    $439,999

    Price

  • Feb 5, 2019

    Date

    Active

    CRMLS: SR19027255

    $439,999

    Price

  • Listing provided courtesy of CRMLS

    PRICE JUST DROPPED! Brand New Remodeled Home Located in Palm Desert. It is a Non Conforming Duplex, or Single Family. 6 Bedrooms, 3 Bathrooms. One side is 4/2, the other is 2/1 Yards are both Private, and can be opened up as well. 2 Washers / 2 Dryers. Ready for move in. The home is on one meter, owner pays all utilities (including WiFi) and charges rent with that included. Rental income total is: $3500 / Month (Combined)

  • September, 2018

  • Sep 29, 2018

    Date

    Expired

    CRMLS: SR18180484

    $444,000

    Price

  • Sep 6, 2018

    Date

    Price Change

    CRMLS: SR18180484

    $444,000

    Price

  • Jul 27, 2018

    Date

    Active

    CRMLS: SR18180484

    $449,000

    Price

  • Listing provided courtesy of CRMLS

    Brand New Remodeled Home Loctated in Palm Desert. It is a Non Conforming Duplex, or Single Family. 6 Bedrooms, 3 Bathrooms. One side is 4/2, the other is 2/1 Yards are both Private, and can be opened up as well. 2 Washers / 2 Dryers. Ready for move in. The home is on one meter, owner pays all utilities and charges rent with that included. Rental income total is: $3600 / Month (Combined)

  • January, 2018

  • Jan 5, 2018

    Date

    Sold

    CRMLS: 217014454DA

    $255,000

    Price

  • Jan 4, 2018

    Date

    Pending

    CRMLS: 217014454DA

    $274,900

    Price

  • Nov 28, 2017

    Date

    Active Under Contract

    CRMLS: 217014454DA

    $274,900

    Price

  • Nov 15, 2017

    Date

    Active

    CRMLS: 217014454DA

    $274,900

    Price

  • Oct 17, 2017

    Date

    Active Under Contract

    CRMLS: 217014454DA

    $274,900

    Price

  • Sep 15, 2017

    Date

    Price Change

    CRMLS: 217014454DA

    $274,900

    Price

  • Sep 5, 2017

    Date

    Price Change

    CRMLS: 217014454DA

    $277,900

    Price

  • May 17, 2017

    Date

    Active

    CRMLS: 217014454DA

    $279,900

    Price

  • Listing provided courtesy of CRMLS

    Great investment in the heart of Palm Desert! Near shopping stores on El Paseo, schools, the mall, restaurants and much more! 4 bedrooms, 2 baths, living room with fireplace, spacious backyard.Back on the market subject to a cancellation.

  • January, 2018

  • Jan 5, 2018

    Date

    Sold (Public Records)

    Public Records

    $255,000

    Price

  • April, 2011

  • Apr 28, 2011

    Date

    Sold (Public Records)

    Public Records

    $86,000

    Price

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Tax History for 74056 El Cortez Way

Assessed Value (2020): $265,301
Year Land Value Improved Value Assessed Value
2020 $66,325 $198,976 $265,301

Home Value Compared to the Market

This property vs the competition

74056 El Cortez Way is listed 5.67% lower than the median list price for the city of Palm Desert which has a median list price of $635,000. The median price per/sqft for Palm Desert is $352 and this home is listed at $289.93 per/sqft which puts the price per square foot 17.63% lower than the median price per square foot for the city of Palm Desert.

About 74056 El Cortez Way

Detailed summary of property

74056 El Cortez Way is a single family home located in Palm Desert, CA 92260 and is currently for sale. This house offers 6 bedrooms, 3 bathrooms, roughly 2,066 living square feet, and sits on an approximately 6,970 square foot lot. 74056 El Cortez Way was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $599,000. The median priced home in Palm Desert is $635,000 with a median price per square foot of $352. Based on Ardent Real Estate Group's Palm Desert Market Data, this home is listed 5.67% lower than the median priced home. Local competing homes currently for sale include 2242 E 18th St, 19796 Beavertail Way and 19785 Spanish Needle Court. While the average home in Palm Desert, CA is selling in 79 days, 74056 El Cortez Way has a days on market of 11 days. There are currently 768 homes for sale in the Palm Desert real estate market and 432 of them are single family homes while 333 of them are condos and 3 are townhomes. For more information on this home for sale at 74056 El Cortez Way Palm Desert, CA 92260 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Desert agents.

Public Facts for 74056 El Cortez Way

Public county record property details
Beds
3
Baths
1
Year built
1953
Sq. Ft.
2,066
Lot Size
6,969
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
5
APN
625-061-003

The source for these homes facts are from public records.

92260 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$745,000
Median List Price/Sq.Ft.
$392
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$368
Total Inventory
337
Median Sale to List Price %
96.3%
Avg Days on Market
56
Loan Type
Conventional (21.21%), FHA (1.52%), VA (1.52%), Cash (46.97%), Other (7.58%)

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Related Resources to 74056 El Cortez Way

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.