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.
Property Details
Price:
$8,995,000
MLS #:
24383689
Status:
Active
Baths:
0
Address:
0 Park Drive
Type:
Residential Income
Subdivision:
Sunrise Park
City:
Palm Springs
Listed Date:
Apr 24, 2024
State:
CA
ZIP:
92262
Lot Size:
30,000 sqft / 0.69 acres (approx)
Year Built:
2017
Schools
Interior
Appliances
Barbecue, Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central, Natural Gas
Interior Features
Ceiling Fan(s)
Exterior
Garage Spaces
6.00
Security Features
Gated Community, Smoke Detector(s)
Sewer
Other
Stories Total
1
View
Mountain(s)
Financial
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Courtesy of Spalding & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Palm Springs, Coachella Valley, and High Desert. Detailed information about real estate listings held by brokerage firms other than Leaskou Partners, Inc include the name of the listing broker. Neither the listing company nor Leaskou Partners, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Palm Springs, Coachella Valley, and High Desert. All rights reserved.
0 Park Drive
Palm Springs, CA
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