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$ 3,250,000
Est. payment | /mo
1.37 Acres Lot
$ 3,250,000
Est. payment | /mo
1.37 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Central Palm Springs
MLS Listing ID 219144637
HOA Y/N No
Lot Size 1.370 Acres
Acres 1.37
Property Description
15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs.
Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.
Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.
Located on site of the former Gas Company building set to be sold separately or as a packaged deal.
Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.
Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.
Located on site of the former Gas Company building set to be sold separately or as a packaged deal.
Location
State CA
County Riverside
Area 332 - Palm Springs Central
Exterior
View Y/N true
View Mountain(s)
Private Pool No
Building
Sewer On Site, Public Hookup Available
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan, Owner May Carry
Listing Terms 1031 Exchange, Cash, Cash to New Loan, Owner May Carry
Special Listing Condition Standard
Listed by Compass
Nearby Locations
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