185 San Rafael W, Palm Springs, CA 92262
- $395,000
- List Price
- $395,000
- Days on Market
- 105
- Status
- ACTIVE
- MLS#
- OC26115708
- Lot Size(apprx.)
- 26,572
- City
- Palm Springs
- Neighborhood
- Park San Rafael (33117)
- Property Type
- Land
Property Description
Great development opportunity adjacent to luxury estates and future apartments, very close to downtown Palm Springs. This Propertys 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 wont last long. Great development opportunity adjacent to luxury estates and future apartments, very close to downtown Palm Springs. This Propertys 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 wont last long.
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Listing courtesy of Listing Agent: Gary Covington (714-309-0425) from Listing Office: CLC Realty Group.
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