185 San Rafael Road W, Palm Springs, CA 92262

$395,000

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List Price
$395,000
Status
ACTIVE
MLS#
OC26115708
Lot Size
26,572
Acres
0.61
Lot Location
11-15 Units/Acre, Corner Lot, Near Public Transit, Rectangular Lot, Street Level
Days on Market
62
Property Type
Land
Neighborhood
Park San Rafael (33117)

Property 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.

Additional Information

View
Mountain(s)
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Gary Covington (garyjcovington@gmail.com) from Listing Office: CLC Realty Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.