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73600 San Gorgonio Way
Palm Desert, CA 92260 Palma Village Groves

$4,500,000 USD

Apartments For Sale • 15,503 SF

Property Details

Property Type Apartments
Total Building Size 15,503 SF
Lot Size 1.04 AC
Building Class C
Year Built 1964
Cap Rate 4.58 %
Zoning R3

0 Transit Score

84 Walk Score

                
                    Highlights
                
                                Offers a Mix of Studio, One-, & Two-Bedroom Floor Plans
                            
                                Highly Desirable Single-Story Construction
                            
                                Private Patios (Select Units) | Swimming Pool & Spa | Storage Sheds | 17 Surface Spaces & Ample Street Parking
                            
                                Within Walking Distance to a Plethora of Retail, Dining, & Entertainment Options Along the Highway 111 Retail Corridor
                            
                                Moments Away from College of The Desert, Attracting a Diverse Renter Pool
                            
                                In Close Proximity to a Multitude of Golf Courses & Parks, Providing Residents Convenient Access to Outdoor Activities

Financial Summary (Actual)

Net Operating Income: $206,068 USD (2024)

Cap Rate:	4.58 %
Total Expenses:	$182,328 USD

Amenities

Air Conditioning
Laundry Facilities
Pool
Spa
Gated
Heating
Cabana
Kitchen
Range
Storage Space
Patio

Public Transportation

Airport	Drive	Walk	Distance
Palm Springs International	22 min	-	12.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Surface
Included in Rent:	Yes

Tyler Leeson 714-713-9086 Marcus & Millichap

73600 San Gorgonio Way Palm Desert, CA 92260 Palma Village Groves