Keegan Cin | Realtor® | License # DRE 01971604

Property

Palm Desert, CA 92260 74199 El Paseo Drive

74199 El Paseo Drive Palm Desert, CA - Image 174199 El Paseo Drive Palm Desert, CA - Image 274199 El Paseo Drive Palm Desert, CA - Image 3
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74199 El Paseo Drive Palm Desert, CA - Image 474199 El Paseo Drive Palm Desert, CA - Image 574199 El Paseo Drive Palm Desert, CA - Image 674199 El Paseo Drive Palm Desert, CA - Image 7
Presented By: Sam Rasmussen with Ocean Properties Development;
  • MLS# 219124726DA
  • 02/13/2025
  • Request Tour
  • Request Info
  • Year Built • 2001

Home Details

Currently 87.3% leased, One El Paseo Plaza is a dynamic, Class A office/restaurant complex totaling 86,835 net rentable square feet. The Property consists of two two-story buildings and an adjacent restaurant pavilion that creates a high-image campus in a premier business setting with the highest quality in design, appeal and function. Features include modern architectural designs, striking granite lobbies and interior finishes, flexible floor plates, and abundant parking ratios of 3.5/1,000 square feet including highly-coveted assigned and covered parking. The Property's institutional-quality construction and design combines with an amenity-rich location to create a sought-after, trophy project. One El Paseo Plaza provides an investor with the opportunity to assume two (2) existing loans on the property totaling $16,429,520 ($3,029,520 loan at 5.27% and $13,400,000 loan at 6.69%).
Presented By: Sam Rasmussen with Ocean Properties Development;

Interior Features for 74199 El Paseo Drive

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes

General for 74199 El Paseo Drive

Additional Parcels Y/NNo
Attached Garage No
Building FeaturesElevators
Building NameOne El Paseo Plaza
Business TypeProfessionalOffice
Carport Y/NNo
CityPalm Desert
CountyRiverside
DirectionsOn westbound Highway 111, turn right into the parking lot.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet218671.0
Lot Size UnitsSquareFeet
MLS Area323 - South Palm Desert
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces230.0
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built2001

Exterior for 74199 El Paseo Drive

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres5.02
Lot Size Area218671.0
Number of Buildings3
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking300.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $29,430,000
MLS#219124726DA
List Date 02/13/2025
Property Type Commercial
Request Tour
Request Info
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