$395,000

185 W San Rafael Road

Palm Springs CA,

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.

Details

MLS#OC20039410
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site333

Features

ZoningR2
Acreage0.61
Property ViewYes

Market Activity

Loading Form
Loading Form
Area Information
StateCA
CountyRiverside
CityPalm Springs
Area331 - North End Palm Springs
Listing VS Median (in )
Price:
$395,000
low | high
Med:
$35,900
100% of Average
On Site:
333
low | high
Med:
372
89.516129032258% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
Gary Covington LogoMLS Number: OC20039410
Listing Provided By:
Gary Covington  of  CLC Realty Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.