185 San Rafael West Road, Palm Springs, CA 92262

$395,000

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List Price
$395,000
Status
ACTIVE
MLS#
OC-26115708
Lot Size
26,572
Lot Location
Rectangular Lot, 11-15 Units/Acre, Corner Lot, Lot 20000-39999 Sqft, Level with Street, Near Public Transit
Days on Market
61
Property Type
Land

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

Land Lease Type
Fee
Lot Description
Rectangular Lot, 11-15 Units/Acre, Corner Lot, Lot 20000-39999 Sqft, Level with Street, Near Public Transit
View
Mountain(s)

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Calculator source: Real Geeks

Listing courtesy of CLC Realty Group.