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.
Property Details
Price:
$3,195,000
MLS #:
219112501DA
Status:
Pending
Baths:
0
Address:
73170 Tumbleweed Lane
Type:
Residential Income
City:
Palm Desert
Listed Date:
Jun 5, 2024
State:
CA
ZIP:
92260
Lot Size:
27,878 sqft / 0.64 acres (approx)
Year Built:
1967
Schools
Interior
Flooring
Carpet, Tile
Heating
Wall Furnace
Exterior
Foundation Details
Slab
Garage Spaces
0.00
Parking Features
Detached Carport
Pool Features
Community, In Ground
Roof
Composition
Security Features
Resident Manager
Stories Total
1
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
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