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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Marlyn Kamibayashiyama

Marlyn Kamibayashiyama

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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

Sold Date 12/13/24

HOA Y/N No

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

Fireplace No

Exterior

Parking Features Detached Carport

Carport Spaces 16

Pool Community, In Ground

Community Features Pool

View Y/N No

Roof Type Composition

Total Parking Spaces 32

Private Pool Yes

Building

Story 1

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 627232007

Security Features Resident Manager

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Conventional

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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