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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 4,500,000
Est. payment /mo
New
73600 San Gorgonio Way Palm Desert, CA 92260
15,503 SqFt
UPDATED:
12/17/2024 07:46 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 15,503 sqft
Price per Sqft $290
MLS Listing ID OC-24250471
Year Built 1964
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 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.
Location
State CA
County Riverside
Zoning R3
Interior
Heating Central
Laundry None
Exterior
Parking Features Gated
Pool Community
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Level with Street
Sewer Public Sewer