Skip To Content

73170 Tumbleweed Lane

Palm Desert, CA 92260
  • $3,195,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: 219112501
UPDATED: 56 min ago
$3,195,000
  • 16
    BEDS
  • 0.64
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 9,376
    SQFT
  • $341
    $/SQFT
Neighborhood:
Not Applicable
Type:
Multi-Family
Built:
1967
County:
Riverside
Area:
323 - Palm Desert South

School Ratings & Info

Visit GreatSchools.org

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.

Monthly Payment Calculator

©2024 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Coachella Valley. Based on information from the California Desert Association of Realtors as of 2024-09-11T07:35:31.573. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.kwcoachellavalley.com/homes/151342544
Print Image

73170 Tumbleweed Lane Palm Desert, CA 92260

  • Price: $3,195,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 56 min ago
  • MLS #: 219112501
16
Beds
16
Baths
0
½ Baths
0.64
Acres
9,376
SQFT
$341
$/SQFT
1967
Built
Neighborhood:
Not Applicable
County:
Riverside
Area:
323 - Palm Desert South
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.
Exterior Features

Foundation Slab Gated Community No Levels One Parking Detached Carport Paved Yes Roofing Composition Total Carport Spaces 16.00 Total Covered Spaces 16.00 Total Parking Spaces 32.00 Total Uncovered Assigned Spaces 0.00 View No

Interior Features

Cooling Type Air Conditioning Fireplace No Flooring CarpetTile Heating Wall Furnace Rooms Other Total Fireplaces 1

Property Features

Land Type Fee Simple Listing Terms 1031 Exchange Net Operating Income Amount 128964.00 Owner Pays GardenerPool ServiceTrash CollectionWater Pool Yes Pool Construction In Ground Pool Description Community Pool Location Community Property Attached Detached No Sale Type Standard Security Safety Resident Manager Senior Community No Sewer Assessments Spa Hot Tub No Tax Mello Roos No Tenant Pays ElectricityGas Total Annual Operating Expenses Amount 87249.00 Water Water District Water District Name Coachella Valley

Listing information © 2024 California Desert Association of Realtors.
Listing provided courtesy of James Carter of Apartment Realty Group, Inc: (619) 222-9500.
©2024 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Coachella Valley. Based on information from the California Desert Association of Realtors as of 2024-09-11T07:35:31.573. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219112501-2.jpg https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219112501-2.jpg https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219112501-2.jpg
Logo
Keller Williams Realty Coachella Valley
39-575 Washington Street, Suite #105
Palm Desert CA, 92211