Palm Desert, CA 92260,73170 Tumbleweed LN
Palm Desert, CA 92260,73170 Tumbleweed LN
Palm Desert, CA 92260,73170 Tumbleweed LN
8
$2,750,000
$3,195,000
13.9%
Est.Price: ?

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0.64 Acres Lot

73170 Tumbleweed LN Palm Desert, CA 92260

Est. payment /mo
SOLD DATE : 12/13/2024

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Key Details

Sold Price $2,750,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219112501DA

Year Built 1967

Lot Size 0.640 Acres

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

Area 323 - South Palm Desert

Interior

Heating Wall Furnace

Flooring Carpet, Tile

Exterior

Parking Features Detached Carport

Pool Community, In Ground

Community Features Pool

View Y/N No

Roof Type Composition

Building

Story 1

Foundation Slab

New Construction No

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by James Carter • Apartment Realty Group, Inc
Bought with James Carter • Apartment Realty Group, Inc

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Steve Gilbert

Agent | License ID: 00813555

+1(619) 743-8823

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