First Team Real Estate Logo

Palm Springs, CA 92262 0 Park Drive

$8,995,000

0 Park Drive Palm Springs, Ca - Image 10 Park Drive Palm Springs, Ca - Image 20 Park Drive Palm Springs, Ca - Image 3
36 more
0 Park Drive Palm Springs, Ca - Image 40 Park Drive Palm Springs, Ca - Image 50 Park Drive Palm Springs, Ca - Image 60 Park Drive Palm Springs, Ca - Image 70 Park Drive Palm Springs, Ca - Image 80 Park Drive Palm Springs, Ca - Image 90 Park Drive Palm Springs, Ca - Image 100 Park Drive Palm Springs, Ca - Image 110 Park Drive Palm Springs, Ca - Image 120 Park Drive Palm Springs, Ca - Image 130 Park Drive Palm Springs, Ca - Image 140 Park Drive Palm Springs, Ca - Image 150 Park Drive Palm Springs, Ca - Image 160 Park Drive Palm Springs, Ca - Image 170 Park Drive Palm Springs, Ca - Image 180 Park Drive Palm Springs, Ca - Image 190 Park Drive Palm Springs, Ca - Image 200 Park Drive Palm Springs, Ca - Image 210 Park Drive Palm Springs, Ca - Image 220 Park Drive Palm Springs, Ca - Image 230 Park Drive Palm Springs, Ca - Image 240 Park Drive Palm Springs, Ca - Image 250 Park Drive Palm Springs, Ca - Image 260 Park Drive Palm Springs, Ca - Image 270 Park Drive Palm Springs, Ca - Image 280 Park Drive Palm Springs, Ca - Image 290 Park Drive Palm Springs, Ca - Image 300 Park Drive Palm Springs, Ca - Image 310 Park Drive Palm Springs, Ca - Image 320 Park Drive Palm Springs, Ca - Image 330 Park Drive Palm Springs, Ca - Image 340 Park Drive Palm Springs, Ca - Image 350 Park Drive Palm Springs, Ca - Image 360 Park Drive Palm Springs, Ca - Image 370 Park Drive Palm Springs, Ca - Image 380 Park Drive Palm Springs, Ca - Image 390 Park Drive Palm Springs, Ca - Image 40
Presented By: David Crosta with Spalding & Associates;
  • MLS# 24383689
  • 04/28/2024
  • Request Tour
  • Request Info
  • BedBeds • 16
  • BathBaths • 19
  • GarageGarage • 6

Home Details

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.
Presented By: David Crosta with Spalding & Associates;

Interior Features for 0 Park Drive

Bedrooms

Total Bedrooms16

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths19

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixDrive
Total Stories1

General for 0 Park Drive

Additional Parcels Y/NNo
AppliancesBarbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Attached Garage Yes
Carport Y/NNo
CityPalm Springs
Community FeaturesGated
CoolingCentralAir
CountyRiverside
Days on Market8
DirectionsCompound is comprised of 3 adjacent homes between Park Drive and Belding Drive at Cerritos Road
Garage Spaces6.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
HeatingCentral, NaturalGas
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet30000.0
MLS Area332 - Central Palm Springs
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionYes
Open Parking Spaces6.0
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NamePark
Subdivision NameSunrise Park
Total Units3
ViewMountains
View Y/NYes
Waterfront Y/NNo
Year Built2017
Year Built SourceEstimated

Exterior for 0 Park Drive

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.6887
Lot Size Area30000.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
SpaNo
Total Parking12.0

Additional Details

Price History

1527188455

First Team Client Services

Price $8,995,000
MLS#24383689
List Date 04/28/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 0 Park Drive

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors