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$ 3,195,000
Est. payment /mo
Pending
73170 Tumbleweed LN Palm Desert, CA 92260
16 Beds
16 Baths
9,376 SqFt
UPDATED:
09/24/2024 04:33 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 9,376 sqft
Price per Sqft $340
MLS Listing ID 219112501
Bedrooms 16
Full Baths 16
HOA Y/N No
Year Built 1967
Lot Size 0.640 Acres
Property Description
The Pines Apartments represents an extremely well-located, value-add apartment complex adjacent to El Paseo in Palm Desert, CA. The property consists of sixteen (16) 1Bedroom/1Bathroom 586 sq ft single-level apartment units, and sits on a 27,878 sq ft parcel. Property amenities include a common area laundry facility, gated community pool, private patios, air conditioning, and sixteen (16) covered surface parking spots.
The Pines Apartments offers an investor 45% upside in rents in a fantastic Palm Desert location adjacent and walking distance to El Paseo.
The Pines Apartments offers an investor 45% upside in rents in a fantastic Palm Desert location adjacent and walking distance to El Paseo.
Location
State CA
County Riverside
Area 323 - Palm Desert South
Interior
Heating Wall Furnace
Cooling Air Conditioning
Fireplace false
Exterior
Garage false
Pool Community, In Ground
View Y/N false
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Assessments
Level or Stories One
Others
Senior Community No
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Apartment Realty Group, Inc
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