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42995 Park Place

Palm Desert, CA 92260

– beds
– baths
– sqft
15,246 sqft lot
1989 build
– on site

IN THE HEART OF PALM DESERT THIS PROPERTY IS GREAT FOR A INVESTORS PORTFOLIO. FOUR UNITS, 2 ARE 3 BEDROOM AND 2 ARE 2 BEDROOM TWO BATHS EACH UNIT. RECENTLY UPGRADED. POOL, SPA AND YARD MAINTAINED BY ASSOCIATION. NEWER ROOF AND A/C UNITS. ONLY ONE UNIT RENTED! 3 UNITS ARE VACANT TO GET HIGH MARKET RENTS FOR NEW OWNER. PLEASE CALL FOR MORE RENTAL INFORMATION. POSSIBLE OWNER FINANCING AVAILABLE. SELLER WILL PARTICIPATE IN 1031 EXCHANGE. 8 COVERED PARKING AND 2 UNCOVERED. STREET PARKING ALSO AVAILABLE FOR GUESTS.

Listed By CRMLS_CA / Scot Hermesch / Ramsey Realty

Last checked: Checking… • Last updated Dec 4, 2024 •

MLS# 24452061 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1989
New Construction:

No
Building Area Total:

3986.00
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

1

Interior

Levels:

One

Location

Directions:

EAST ON MAGNESIA FALLS DR. LEFT ON PARK PLACE. CORNER OF MAGNESIA FALLS DR AND PARK PLACE
Latitude:

33.73639400
Longitude:

-116.37106500

The Property

Property Type:

Residential Income
Lot Size Area:

15246.0000
Lot Size Acres:

0.3500
Lot Size SqFt:

15246.00
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

624330001

Heating & Cooling

Heating:

1
Heating:

Central, Natural Gas, Forced Air

Appliances

Appliances:

Dishwasher
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/15/24 Oct 15, 2024	Listed / Active	CRMLS_CA	$1,999,000	24.9% (10.6% / YR)
6/6/22 Jun 6, 2022		CRMLS_CA	$1,600,000	-8.6%
5/11/22 May 11, 2022		CRMLS_CA	$1,750,000

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This multifamily located in Palm Desert, CA 92260 is currently for sale for $1,999,000. 42995 Park Place is a – square foot multifamily with – beds and – baths that has been on Estately for 64 days. This multifamily is in the attendance area of Abraham Lincoln Elementary School, Palm Desert High School, and Colonel Mitchell Paige Middle School.

Listing Courtesy of: CRMLS_CA and Ramsey Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 16:25 on Dec 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.