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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 4,250,000
Est. payment /mo
Price Dropped by $250K
73600 San Gorgonio Way Palm Desert, CA 92260
15,503 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 15,503 sqft
Price per Sqft $274
MLS Listing ID OC-24250471
Year Built 1964
Lot Size 1.040 Acres
Property Sub-Type Apartment
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
Area 322 - Palm Desert North
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