Active
0 Park Dr
Palm Springs CA, 92262
$8,995,000
Active
16 Beds
19 Baths
Multi-family
Built in 2017
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.
24-383689
MLSⓇ ID
April 28, 2024
Listed
September 13, 2024
Updated
Map
0 Park Dr
Palm Springs CA, 92262
Interior Features
Total Stories
1
Bedrooms
16
Total Bathrooms
19
Appliances
Alarm System, Barbeque, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning, Multi/Zone, Central
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.69 Acres
Architectual Style
Modern
Sewer
In Street
Other Property Details
Area Name
Palm Springs Central
Days on Market
8
Garage
Yes
Garage Spaces
6
Parking
Garage Is Attached
Parking Total
12
View
Yes
View Description
Mountains
County
Riverside
Pool
No
Listed by David Crosta with Spalding & Associates
Listing Contact: 323-375-4462
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lucas Schelkens shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024