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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
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760-574-9552

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.

760-574-9552
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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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Listing courtesy of Apartment Realty Group, Inc. Selling Office: .