CLC Realty Group
Listed by CLC Realty Group
$395,000
185 San Rafael West
Details
APN 504121001
Property Type Land
Sub Type Lots/Land
Acreage 0.610
Land | 0.61 acres
Marketing 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.
Listing Contacts
CLC Realty Group
Listed by CLC Realty Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
