$395,000
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.
Listed by Gary Covington with CLC Realty Group
Property Type
Land
Status
Active
MLS Number
OC26115708
Year Built
N/A
Lot Size
0.61 acres
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