Income Home for Sale in Palm Springs, California

Park Drive, Palm Springs, California 92262, US

$ 8,995,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 8,995,000
  • MLS ID: 24383689
  • Property Type: Income Home
  • WEB ID: PR02845824
  • Property Status: Active
  • Lot Size: 30,000sqft
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California
  •  Income Home for Sale in Palm Springs, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 8,995,000
  • MLS ID: 24383689
  • Property Type: Income Home
  • WEB ID: PR02845824
  • Property Status: Active
  • Lot Size: 30,000sqft
Rare opportunity to purchase hard-to-replicate, newly-built 2017 compound comprised of 3 luxury estate homes in Central Palm Springs. A unique investment opportunity ideal for high-yield vacation rentals, medium/long term rentals, and 1031 exchanges, these 3 custom-built, gate-connected properties are on 3 fee-simple APNs. You own the land with no land lease. With a proven rental track record, each home is fully equipped with luxury amenities and modern systems and ready for immediate use. This compound not only offers immediate income potential but also positions investors well within a high-demand rental market. Neighborhood is currently under the vacation rental cap.

Additional Features

  • Central
  • Natural Gas
  • One
  • Mountain(s)
  • Parking spaces: 12.00
  • Listing Status: Active
  • Listing Agent: David Crosta (lic# 02069363) of CLAW
  • Listing Office: Spalding & Associates (lic# 00553830)
  • Based on information from CRISNet MLS as of 21st May 2024 at 6:54am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
Bel Air Beverly Hills Malibu