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73170 Tumbleweed LN Palm Desert, CA 92260
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Key Details
Sold Price $2,750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,376 sqft
Price per Sqft $293
MLS Listing ID 219112501DA
Bedrooms 16
Full Baths 16
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.
Location
State CA
County Riverside
Area Palm Desert South
Interior
Heating Wall
Cooling Air Conditioning
Flooring Carpet, Tile
Exterior
Parking Features Carport Detached, Detached
Garage Spaces 32.0
Pool Community, In Ground
View Y/N No
Roof Type Composition
Building
Story 1
Foundation Slab
Sewer Assessments
Water Water District
Others
Special Listing Condition Standard
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Bought with Apartment Realty Group, Inc
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