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$395,000
Est. payment /mo
0.61 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Park San Rafael (33117)
MLS Listing ID OC26115708
HOA Y/N No
Lot Size 0.610 Acres
Property Description
Great development opportunity adjacent to luxury estates and future apartments, very close to downtown Palm Springs. This Property's R2 multi-family zoning allows 1 unit per 3,000 sqft or up to 8 condos or apartments on this property. With the new California ADU laws, this property could potentially have 10+ units, including ADUs. At under $40,000 per unit for land, this is an absolute bargain at this price, just look at the comparable sales in the area. Beautiful panoramic mountain views from the entire property. Buyer to do their own due diligence with the City of Palm Springs, regarding all development opportunities. This one won't last long.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R2
Interior
Fireplace No
Exterior
Community Features Suburban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Mountain(s)
Building
Lot Description 11-15 Units/Acre, Corner Lot, Near Public Transit, Rectangular Lot, Street Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 504121001
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Gary Covington CLC Realty Group 714-309-0425, DRE #01175603
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