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73625-73665 Fred Waring Dr
Palm Desert, CA 92260
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Own a prime nine-unit apartment asset of three triplexes for cash or cash-to-an-existing loan at 73625-73665 Fred Waring Drive.
- Largest apartments in the area, with a simple mix of two-bed, two-bath units, each with cathedral ceilings, private patio, garage, and carport.
- Built in 1986 and renovated in 2020, with all new roofs in 2024, Jeannie Niles Real Estate has expertly maintained this property.
- Ideal location, walkable to the Palm Desert Civic Park, McCallum Theatre, and College of the Desert, which enrolls about 12,500 students per year.
- Many retailers are a short drive away via State Route 111, including Trader Joe's, Best Buy, Target, Old Navy, Walmart Supercenter, and many more.
Property Facts
| No. Units | 9 | Lot Size | 0.29 AC |
| Property Type | Multifamily | Building Size | 11,916 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1986/2020 |
| Zoning | R2SP | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 11,916 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1986/2020 |
| Zoning | R2SP |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- Tile Floors
- Kitchen
- Vaulted Ceiling
- Walk-In Closets
- Yard
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 9 | $2,350 | 1,325 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,403,324 | |
| Land Assessment | $1,029,996 | Total Assessment | $3,433,320 |
Property Taxes
Parcel Numbers
Land Assessment
$1,029,996
Improvements Assessment
$2,403,324
Total Assessment
$3,433,320
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