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.
MLS# | 240012683SD |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Days On Site | 99 |
Listing Provided By | Apartment Realty Group (ARG) 619-222-9500 | Angelo La Bruna |
Car Port | Yes |
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Units | 16 |
Building(s) | 4 |
State | CA |
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County | Riverside |
City | Palm Desert |
Zip Code | 92260 |
Listing VS Median (in 92260) | |
Price: $3,195,000 low | high Med: $299,400 On Site: 99 low | high Med: 281.000000 |