73170 Tumbleweed Lane, Palm Desert, CA 92260

$2,750,000
16
BD
16
BA
9,376
SqFt

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Sold Price
$2,750,000
List Price
$3,195,000
Closing Date
Dec 13, 2024
Status
CLOSED
MLS#
219112501
Year Built
1967
Bedrooms
16
Bathrooms
16
Living Sq. Ft
9,376
Lot Size
27,878
Days on Market
98
Property Type
Multifamily
Stories
1
Neighborhood
Not Applicable

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.

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Community, In Ground
Heat
Wall Furnace
Cooling
Air Conditioning
Parking
Detached Carport
Sewer
Assessments
Water
Water District

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Calculator source: Real Geeks

Listing courtesy of Apartment Realty Group, Inc. Selling Office: .