0 Park Dr, Palm Springs, CA 92262

$8,995,000
16
BD
19
BA
List Price
$8,995,000
MLS#
24-383689
Status
ACTIVE
Type
Multifamily
Bedrooms
16
Bathrooms
19
Neighborhood
Sunrise Park

Property Description

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.

Additional Information

Year Built
2017
View
Mountains
Garage
Garage Is Attached

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of Spalding & Associates, David Crosta.

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