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For Sale

$395,000

26,572 sqft$15/sqft162 days on market

185 San Rafael Road

Palm Springs, CA 92262

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

26,572

Square feet

—

Built

Listing narrative

Description

Great development opportunity adjacent to luxury estates and future apartments, very close to downtown Palm Springs. This Property’s R2 multi-family zoning allows 1 unit per 3,000 sqft or up to 8 condos or apartments on this property. With the new California ADU laws, this property could potentially have 10+ units, including ADUs. At under $40,000 per unit for land, this is an absolute bargain at this price, just look at the comparable sales in the area. Beautiful panoramic mountain views from the entire property. Buyer to do their own due diligence with the City of Palm Springs, regarding all development opportunities. This one won’t last long.

Listing agent (MLS): Gary Covington · Listing brokerage (MLS): CLC Realty Group

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$395,000

Beds

Beds n/a

Type

Land

Home Size

26,572 sqft

Baths

Baths n/a

Lot Size

0.61 acres

Year

Year n/a

Neighborhood

Park San Rafael

Status

For Sale

Days on Market

162

$ / Sqft

$15

· 8% down, 7% APR, 30yr fixed
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Courtesy of CLC Realty Group