73345 Royal Palm DR Open House Save Request In-Person Tour Request Virtual Tour
Palm Desert,CA 92260
OPEN HOUSE
Sun May 18, 11:00am - 2:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219130168DA
Year Built 1954
Lot Size 8,712 Sqft
Property Description
Welcome to 73345 Royal Palm Drive--a rare investment opportunity in the heart of Palm Desert. This centrally located triplex features two buildings: a front house with 2 bedrooms and 1 bathroom, and a rear structure comprising two 1-bedroom, 1-bathroom units. Each unit offers an open-concept layout with abundant natural light, creating a warm and inviting atmosphere.The property is ideally situated near the vibrant San Pablo corridor, offering easy access to local shops, restaurants, and the renowned El Paseo shopping district. With the rear units currently leased, you can enjoy immediate rental income while residing in the front house.Beyond its current configuration, the expansive lot presents potential for further development. According to Palm Desert regulations, multi-family properties like this one may be eligible for additional Accessory Dwelling Units (ADUs), subject to specific criteria . This flexibility allows for increased rental income or expanded living space, enhancing the property's value.Don't miss out on this exceptional property that combines immediate income potential with future development opportunities in one of Palm Desert's most desirable neighborhoods. Contact us today to schedule a private tour and explore the possibilities that 73345 Royal Palm Drive has to offer.Note: Prospective buyers should consult with the City of Palm Desert's Planning Department to verify development possibilities.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Exterior
Parking Features Driveway,On Street
View Y/N Yes
View Mountain(s),Peek-A-Boo
Building
Story 1
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/818d6b8f-61dd-4907-8da1-657ab6a9b56c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard