73600 San Gorgonio WAY, PALM DESERT, CA 92260
No development (click for neighborhood info)
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Overview
MLS #
OC24250471MR
Listed on
2024-12-16
Status
Active
Price
$4,250,000
Type
Residential Income
Subtype
Apartment
Size of home
15,503 sq ft
Beds / Baths
3 / 3.00
Size of lot
45,302 sq ft
Neighborhood
No development
Location address
73600 San Gorgonio WAY
PALM DESERT 92260
PALM DESERT 92260
Description
Palm Desert Garden Apartments is a 25-unit multifamily investment property located at 73600 San Gorgonio Way, Palm Desert, CA. Situated on a 1.04-acre lot, Palm Desert Garden Apartments offers a diverse mix of studio, one-, and two-bedroom floor plans, some of which feature private patios. Additionally, the property features single-story construction, a highly desirable characteristic to prospective renters. Furthermore, Palm Desert Garden Apartments features attractive amenities such as a swimming pool, a spa, storage sheds, and ample surface parking. Palm Desert Garden Apartments is situated in an optimal Palm Desert location, within walking distance to a plethora of retail, dining, and entertainment options along the Highway 111 retail corridor. Additionally, the property benefits from its close proximity to College of The Desert, helping to attract a diverse renter pool. Furthermore, Palm Desert Garden Apartments location, moments away from a multitude of golf courses and parks, provides residents with convenient access to outdoor activities. The property s desirable single-story construction and attractive Palm Desert location are primary draws for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Palm Desert Garden Apartments.
General Information
Original List Price
$4,500,000
Price Per Sq/Ft
$274
Furnished
No
Land Type
Fee
Land Lease Expires
N/A
Community Features
Curbs, Gutters, Sidewalks
Pool
Yes
Spa
No
Year Built
1964
Laundry
None
Fireplace
No
Heating Type
Central
Parking Spaces
17
Courtesy of:
Tyler Leeson /
Marcus & Millichap RE Invest
73600 San Gorgonio WAY