For more information regarding the value of a property, please contact us for a free consultation.
73170 Tumbleweed Ln Palm Desert, CA 92260
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240012683
Sold Date 12/13/24
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.
Location
State CA
County Riverside
Area Riv Cty-Palm Desert (92260)
Exterior
Total Parking Spaces 16
Building
Story 1
Lot Size Range .5 through .75 Acres
Others
Space Rent $225,792
Financing Cash to New Loan
Read Less
Bought with Angelo Joseph La Bruna III • Apartment Realty Group (ARG)