For Sale
$395,000
Status: Active

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Overview

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

Description


Great development opportunity adjacent to million dollar estates. This Properties Multi-family zoning, allows 1 unit per 3,000 sqft of land, so up to 8 condos or apartments on this property. With the new California ADU laws, this property could 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 wont 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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