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$ 3,195,000
Est. payment | /mo
$ 3,195,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 240012683SD
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
Listed by Angelo La Bruna • Apartment Realty Group (ARG)
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Erin White Freimann
Partner | Lic# 01402479