For Sale
$395,000
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    Overview

    MLS # OC20039410MR
    Listed on 02/22/2020
    Status Active
    Price $395,000
    Type Land
    Subtype Lots and Land
    Size of lot 26,572 sq ft
    Neighborhood Racquet Club West
    Location address 185 W San Rafael RD
    PALM SPRINGS 92262

    Description


    Great development opportunity adjacent to million dollar estates. This Property’s 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 won’t last long. Buyer to do their own due diligence with the City of Palm Springs, regarding all development opportunities.

    General Information

    Original List Price $395,000
    Price Per Sq/Ft $15

    Courtesy of: Gary Covington / CLC Realty Group

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