Palm Desert, CA 92260,73600 San Gorgonio Way
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$ 4,500,000
Est. payment | /mo

3 Beds

3 Baths

1.04 Acres Lot


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$ 4,500,000
Est. payment | /mo
Save

3 Beds

3 Baths

1.04 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24250471

Bedrooms 3

HOA Y/N No

Lot Size 1.040 Acres

Property 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 propertys 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.
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 propertys 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.

Location

State CA

County Riverside

Area Riv Cty-Palm Desert (92260)

Zoning Assessor

Exterior

Pool Community/Common

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 1+ to 2 AC

Level or Stories 1 Story

Others

Monthly Total Fees $932

Acceptable Financing Cash, Conventional, Exchange

Space Rent $12,996

Listing Terms Cash, Conventional, Exchange

San Diego Regional MLS (SDMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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73600 San Gorgonio Way