73170 Tumbleweed Ln

Palm Desert, CA 92260

$3,195,000

List Price

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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.

Listing Information

List Price $3,195,000
Status Active
MLS 240012683SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size N/A
Structure Size N/A
DOM 69
Courtesy Of Apartment Realty Group (ARG)
Listing Agent Angelo La Bruna DRE#01991625

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Angelo La Bruna, Apartment Realty Group (ARG) . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 5:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.