73600 San Gorgonio WAY, Palm Desert, CA 92260

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John Bertsch

greathomes@johnbertsch.com +1(619) 518-5421

$ 4,500,000

Est. payment -/mo

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73600 San Gorgonio WAY Palm Desert, CA 92260

1.04 Acres Lot

UPDATED:

12/17/2024 12:49 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24250471

HOA Y/N No

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

Area 322 - North Palm Desert

Zoning R3

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Pool Community

Community Features Curbs, Gutter(s), Sidewalks, Pool

Total Parking Spaces 17

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 627142017

Energy Description 6775.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

John Bertsch

Agent | License ID: 02135471

+1(619) 518-5421

John Bertsch

73600 San Gorgonio WAY Palm Desert, CA 92260

Key Details

Location

Interior

Exterior

Building

Others

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73600 San Gorgonio WAY