73600 San Gorgonio Way, Palm Desert, CA 92260
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- MLS#: OC24250471 ( Apartment )
- Street Address: 73600 San Gorgonio Way
- Viewed: 1
- Price: $4,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 6
- Additional Information
- County: RIVERSIDE
- City: Palm Desert
- Zipcode: 92260
- Subdivision: Other (othr)
- Provided by: Marcus & Millichap RE Invest
- Contact: Tyler Tyler
- DMCA Notice
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DescriptionPalm 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.
Property Location and Similar Properties
Features
Association Fee
- 0.00
Building Area Total
- 15503.00
Commoninterest
- Community Apartment
Common Walls
- No Common Walls
Country
- US
Electric Expense
- 6775.00
Entry Location
- First level
Fuel Expense
- 6775.00
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 23013.00
Laundry Features
- None
Levels
- One
Lot Features
- Level with Street
Netoperatingincome
- 206069.00
Newtaxesexpense
- 55103.00
Number Of Separate Electric Meters
- 25
Number Of Separate Gas Meters
- 25
Otherexpense
- 45189.00
Otherexpensedescription
- Misc
Otherincome1
- 10874.00
Otherincomedescription
- Misc
Parcel Number
- 627142017
Pool Features
- Community
Professionalmanagementexpense
- 19420.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 428793822:CRM
Subdivision Name Other
- Other
Totalexpenses
- 182328.00
Trash Expense
- 6775.00
Uncovered Spaces
- 17.00
Vacancyallowance
- 19870
Water Sewer Expense
- 6778.00
Water Source
- Public
Year Built
- 1964
Year Built Source
- Assessor
Zoning
- R3