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Key Details
Sold Price $2,750,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 9,376 sqft
Price per Sqft $293
MLS Listing ID 240012683
Sold Date 12/13/24
Bedrooms 1
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
View Y/N No
Total Parking Spaces 16
Building
Story 1
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Bought with Angelo Joseph La Bruna III Apartment Realty Group (ARG)




