NOT LISTED FOR SALE

73625 Fred Waring Dr Palm Desert, CA 92260

Estimated Value: $771,000 - $1,112,000

2 Beds
2 Baths
11,916 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2025

Last sale price $2,200,000 $185 Per Sq Ft

Current estimated payment $6,495 / mo

34 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Central Heating and Cooling System
  • Palm Desert High School Rated A
  • Ceramic Tile Flooring
  • 2-minute walk to Palm Desert Civic Park

About This Home

As of September 2025

3 separate triplexes...must be sold together. Huge Living Room...1325 square feet each unit with vaulted ceilings. These units are the largest in the area. Always rented. Long Term Tenants. Easy to manage. New roofs installed January 2025.

Last Agent to Sell the Property

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 06/29/2025

Last Buyer's Agent

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 06/29/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1986

Lot Details

  • 0.87

Home Design

  • Foam Roof

Interior Spaces

  • 11,916 Sq Ft Home
  • Living Room
  • Mountain Views
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 9 Car Garage
  • 9 Assigned Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater

Additional Features

  • 37,897 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Tenant pays for air cond/heat main, gas, electricity, cable TV
  • The owner pays for gardener, water, trash collection
  • Assessor Parcel Number 627101008

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $213,060
  • Net Operating Income $125,000

Property Details

Home Type

Apartment

Year Built

Built in 1986

Lot Details

0.87 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above, Ground
  • List Price per Sq Ft: 230.78
  • Lp Sp Ratio: 0.8000
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley Water District
  • Year Built: 1986
  • Internal Listing I D: 20250630190126406203000000
  • Listing I D: 219132131
  • Listing Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Fax: (760) 340-9069
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Selling Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Selling Office Fax: (760) 340-9069
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Equipment: Hook-Ups
  • Estimated Sq Ft: 11916.00

Exterior Features

  • Roofing: Foam
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Parking Info Total Garage Spaces: 9.00
  • Parking Info Total Parking Spaces: 18.00
  • Total Uncovered Assigned Spaces: 9.00

Utilities

  • Number Electric Meters: 3
  • Number Water Meters: 3
  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 3
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 627101008
  • Lot Size: 37897.00

Rental Info

  • Owner Pays: Gardener, Water, Trash Collection
  • Tenant Pays: Air Cond/Heat Main, Gas, Electricity, Cable TV
  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2025
Closed on
Sep 4, 2025
Sold by
Bought by
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Jeannie Niles
Jeannie Niles Real Estate
List Price
$2,750,000
Sold Price
$2,200,000
Premium/Discount to List
-$550,000
-20%
Views
11
Current Estimated Value
$972,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,227,667
Avg. Annual Appreciation
-64.43%
Original Mortgage
$549,999
Outstanding Balance
$546,621
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$425,712

Purchase Details

Listed on
Jun 29, 2025
Closed on
Aug 12, 2025
Sold by
Bought by
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Jeannie Niles
Jeannie Niles Real Estate
List Price
$2,750,000
Sold Price
$2,200,000
Premium/Discount to List
-$550,000
-20%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,999
Outstanding Balance
$546,621
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$425,712

Purchase Details

Closed on
Jun 7, 2023
Sold by
Bought by

Purchase Details

Listed on
Nov 3, 2015
Closed on
Dec 16, 2015
Sold by
Bought by
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Nathan Bragg
RE/MAX TIME REALTY
List Price
$600,000
Sold Price
$583,333
Premium/Discount to List
-$16,667
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2013
Sold by
Bought by

Purchase Details

Closed on
May 18, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 28, 2012
Closed on
Aug 29, 2012
Sold by
Bought by
Seller's Agent
David Alter
Buyer's Agent
David Alter
List Price
$650,000
Sold Price
$619,600
Premium/Discount to List
-$30,400
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bought by

Purchase Details

Closed on
May 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$733,500 First American Title Insurance
-- None Listed On Document
$583,500 Fidelity National Title Co
-- Accommodation
-- Ticor Title Company Of Ca
$207,000 Accommodation
$553,758 None Available
-- Southland Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $549,999
Previous Owner $300,000
Previous Owner $315,000
Previous Owner $573,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2025 09/05/25 Sold $2,200,000 -20.0% $185 / Sq Ft
08/02/2025 08/02/25 Pending -- -- --
06/29/2025 06/29/25 For Sale $2,750,000 +371.4% $231 / Sq Ft
02/03/2016 02/03/16 Sold $583,333 -2.8% $147 / Sq Ft View Prior Sale
01/01/2016 01/01/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $600,000 -3.2% $151 / Sq Ft
09/18/2012 09/18/12 Sold $619,600 -4.7% $156 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $650,000 -- $164 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,043 $1,144,440 $343,332 $801,108
2023 $15,043 $663,730 $199,118 $464,612
2022 $9,103 $650,716 $195,214 $455,502
2021 $8,878 $637,958 $191,387 $446,571
2020 $8,728 $631,417 $189,425 $441,992
2019 $8,578 $619,037 $185,711 $433,326
2018 $8,432 $606,900 $182,070 $424,830
2017 $8,276 $595,000 $178,500 $416,500
2016 $3,694 $218,639 $42,249 $176,390
2015 $3,702 $215,357 $41,615 $173,742
2014 $3,657 $211,140 $40,800 $170,340
Source: Public Records

Agents Affiliated with this Home

  • Jeannie Niles

    Seller's Agent in 2025

    Jeannie Niles

    Jeannie Niles Real Estate

    (760) 574-8456

    12 Total Sales

    Jeannie Niles
    Section Image
  • Nathan Bragg

    Buyer's Agent in 2016

    Nathan Bragg

    RE/MAX

    (949) 662-1866

    2 Total Sales

    Nathan Bragg
    Section Image

  • D

    Seller's Agent in 2012

    David Alter

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219132131

California Desert Association of REALTORS®

APN: 627-101-008

California Riverside County Palm Desert 92260

73625 Fred Waring Dr, Palm Desert, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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