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
Square Footage 1,589 sqft
Price per Sqft $402
MLS Listing ID 219130168
Bedrooms 4
Full Baths 3
HOA Y/N No
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 - Palm Desert North
Interior
Heating Central
Cooling Air Conditioning,Ceiling Fan(s),Central Air
Fireplace false
Exterior
View Y/N true
View Mountain(s),Peek-A-Boo
Private Pool No
Building
Story 1
Entry Level One
Sewer In, Connected and Paid
Level or Stories One
Others
Senior Community No
Acceptable Financing 1031 Exchange,Cash,Cash to New Loan,Conventional
Listing Terms 1031 Exchange,Cash,Cash to New Loan,Conventional
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