Palm Springs, CA 92262 0 Park Drive
$8,995,000
36 more
Presented By: David Crosta with Spalding & Associates
Beds • 16
Baths • 19
Garage • 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
Common WallsNo Common Walls
Heating Y/NYes
Street SuffixDrive
Total Stories1
General for 0 Park Drive
AppliancesBarbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Attached Garage Yes
Buyer Agent Compensation2.500
Buyer Agent Compensation Type%
CityPalm Springs
Community FeaturesGated
CoolingCentral Air
CountyRiverside
Days on Market8
DirectionsCompound is comprised of 3 adjacent homes between Park Drive and Belding Drive at Cerritos Road
Garage Spaces6
Garage Y/NYes
Gross Income
HOA / Comm AssnNo
HeatingCentral, Natural Gas
Interior FeaturesCeiling Fan(s)
LevelsOne
Lot Size Square Feet30000
MLS Area332 - Central Palm Springs
Net Operating Income0
New ConstructionYes
Open Parking Spaces6
Property TypeResidential Income
Security FeaturesGated Community, Smoke Detector(s)
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusActive
Stories1
Street NamePark
Subdivision NameSunrise Park
Total Units3
ViewMountain(s)
View Y/NYes
Year Built2017
Year Built SourceEstimated
Exterior for 0 Park Drive
Lot Size Acres0.6887
Lot Size Area30000
Lot Size SourceEstimated
Lot Size UnitsSquare Feet
Number of Buildings3
Total Parking12
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480