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Listing Details

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School Ratings & Info

Description

Great development opportunity adjacent to million dollar estates. This Propertys Multi-family zoning allows 1 unit per 3,000 sqft of land, or up to 8 condos or apartments on this property. With the new California ADU laws, this property could potentially have up to 10 units, including 2 ADUs. Priced under $40,000 per unit, this is an absolute bargain, just look at the comparable sales in the area. Magnificent mountain views from the entire property. This one wont last long. Buyer to do their own due diligence with the City of Palm Springs, regarding all development opportunities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T09:27:03.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
www.themmteamrealty.com/homes/103469686
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185 W San Rafael Road Palm Springs, CA 92262

  • Price: $395,000
  • Status: Active
  • Updated: 59 min ago
  • ID#: OC20039410
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Beds
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Baths
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½ Baths
0.61
Acres
Neighborhood:
Park San Rafael (33117)
County:
Riverside
Area:
331 - North End Palm Springs
Property Description
Great development opportunity adjacent to million dollar estates. This Propertys Multi-family zoning allows 1 unit per 3,000 sqft of land, or up to 8 condos or apartments on this property. With the new California ADU laws, this property could potentially have up to 10 units, including 2 ADUs. Priced under $40,000 per unit, this is an absolute bargain, just look at the comparable sales in the area. Magnificent mountain views from the entire property. This one wont last long. Buyer to do their own due diligence with the City of Palm Springs, regarding all development opportunities.
Exterior Features

Lot Features 11-15 Units/AcreCorner LotLevelRectangular Lot Road Frontage Type City Street Road Surface Type MaintainedPaved Sign On Property YN No View Mountain(S)Panoramic View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Current Financing None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning R2

Listing provided courtesy of Gary Covington of Clc Realty Group


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T09:27:03.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
 
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