Active

0 Park Dr

Palm Springs CA, 92262

$8,995,000


Active

16 Beds

19 Baths

Residential

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 24, 2024

Listed

May 9, 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 NOVO REAL ESTATE | CA DRE# 01254853 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 5/9/2024

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