About Park Dr
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.
Features of Park Dr
| MLS® # | 24-383689 |
|---|---|
| Price | $8,995,000 |
| Units | 3 |
| Bedrooms | 16 |
| Bathrooms | 19.00 |
| Acres | 0.69 |
| Year Built | 2017 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Modern |
| Status | Active |
Community Information
| Address | Park Dr |
|---|---|
| Area | Palm Springs Central |
| City | PALM SPRINGS |
| County | Riverside |
| State | CA |
| Zip Code | 92262 |
Amenities
| Parking Spaces | 12 |
|---|---|
| # of Garages | 6 |
| Garages | Garage Is Attached |
| View | Mountains |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Natural Gas |
|---|---|
| Cooling | Air Conditioning, Multi/Zone, Central |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Additional Information
| Date Listed | April 24th, 2024 |
|---|---|
| Days on Market | 23 |
| Foreclosure | No |
| RE / Bank Owned | No |
Unit 1 Details
| Beds | 6 |
|---|---|
| Baths | 7.00 |
Unit 2 Details
| Beds | 5 |
|---|---|
| Baths | 6.00 |
Unit 3 Details
| Beds | 5 |
|---|---|
| Baths | 6.00 |
Listing Details
| Agent | David Crosta (02069363) |
|---|---|
| Office | Spalding & Associates |