Palm Desert, CA 92260,73170 Tumbleweed Ln
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Palm Desert, CA 92260,73170 Tumbleweed Ln
Palm Desert, CA 92260,73170 Tumbleweed Ln
Palm Desert, CA 92260,73170 Tumbleweed Ln
Palm Desert, CA 92260,73170 Tumbleweed Ln

$2,750,000

Est. payment /mo

$3,195,000

13.9%
Est.Price: ?

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73170 Tumbleweed Ln Palm Desert, CA 92260

SOLD DATE : 12/13/2024

Key Details

Sold Price $2,750,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240012683SD

Sold Date 12/13/24

HOA Y/N No

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

Interior

Fireplace No

Exterior

Carport Spaces 16

Total Parking Spaces 16

Others

Tax ID 627232007

Financing Cash to New Loan

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California Regional MLS (CRMLS)
Listed by Angelo La Bruna • Apartment Realty Group (ARG)
Bought with Angelo La Bruna • Apartment Realty Group (ARG)
agent

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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