0 Park Drive
Palm Springs, CA 92262

  • 16 beds
  • – baths
  • – sqft
  • ~3/4 acre lot
  • 2017 build
  • on site

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.

bridgeMLS logo Listing courtesy of BRIDGE / Spalding & Associates

Last checked: Checking… • Last updated May 2, 2024 •

MLS# CL24383689 —

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Walk Score®

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Sale history

Date Event Source Price % Change
4/29/24
Listed / Active BRIDGE $8,995,000

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Multifamily For Sale

$8,995,000

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Listing provided by broker:

David Crosta

Spalding & Associates

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This multifamily located in El Mirador, Palm Springs, CA 92262 is currently for sale for $8,995,000. 0 Park Drive is a – square foot multifamily with 16 beds and – baths that has been on Estately for 18 days. 0 Park Drive is in the El Mirador neighborhood of Palm Springs and has a WalkScore® of 56, making it somewhat walkable. This multifamily is in the attendance area of Raymond Cree Middle School, Katherine Finchy Elementary School, and Palm Springs High School.

bridgeMLS logo Listing courtesy of Spalding & Associates

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 11:18 on May 17.

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