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.
| MLS # | OC26115708 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 86 |
| Listing Provided By | CLC Realty Group | Gary Covington |
| Zoning | R2 |
|---|---|
| Acreage | 0.61 |
| Property View | Yes |
| Lot Features | Eleven To Fifteen Units Acre, Corner Lot, Near Public Transit, Rectangular Lot, Street Level |
|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|
| Community Features | Suburban |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Springs |
| Zip Code | 92262 |
| Area | 331 North End Palm Springs |
| Community Name | Park San Rafael (33117) |
| Listing VS Median (in Park San Rafael (33117)) | |
Price: $395,000 low | high Med: $0 On site: 86 low | high Med: | |
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Springs |
| Zip Code | 92262 |
| Area | 331 North End Palm Springs |
| Community Name | Park San Rafael (33117) |
| Listing VS Median (in Park San Rafael (33117)) | |
Price: $395,000 low | high Med: $0 On site: 86 low | high Med: | |