Active
0 Park Drive
Palm Springs CA, 92262
$8,995,000
Active
16 Beds
19 Baths
Residential
Built in 2017
Listed by David Crosta with Spalding & Associates 310-837-4176
Rare opportunity to purchase hard-to-replicate, newly-built 2017 compound comprised of 3 luxury estate homes in Central Palm Springs. A unique investment opportunity ideal for high-yield vacation rentals, medium/long term rentals, and 1031 exchanges, these 3 custom-built, gate-connected properties are on 3 fee-simple APNs. You own the land with no land lease. With a proven rental track record, each home is fully equipped with luxury amenities and modern systems and ready for immediate use. This compound not only offers immediate income potential but also positions investors well within a high-demand rental market. Neighborhood is currently under the vacation rental cap.
24383689
MLSⓇ ID
April 24, 2024
Listed
May 9, 2024
Updated
Map
0 Park Drive
Palm Springs CA, 92262
Interior Features
Total Stories
1
Bedrooms
16
Total Bathrooms
19
Interior Features
Ceiling Fan(s)
Appliances
Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.69 Acres
Architectual Style
Modern
Sewer
Other
Other Property Details
Area Name
332 - Central Palm Springs
Days on Market
8
Garage
Yes
Garage Spaces
6
Parking Total
12
View
Yes
View Description
Mountain(s)
County
Riverside
Pool
No
Buyer Agency Compensation
2.5%
Listing Contact: 310-837-4176
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 3:37 PM UTC