0 Park Dr
Palm Springs,
CA
92262
Property Details
List Price: |
$8,995,000 |
Beds: |
16 |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Spalding & Associates |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
2017 |
Notes: |
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. |
MlsNumber: |
24-383689 |
Estimate Your Monthly Payment
Listing Provided By: |
Spalding & Associates, original listing |
Name: |
Spalding & Associates |
Phone: |
(310) 837-4176 |
Office Name: |
Spalding & Associates |
Office Phone: |
(310) 837-4176 |
Agent Name: |
David Crosta |
Disclaimer: |
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |