Description
Shovel-Ready Opportunity! Welcome to Eden Palm Estates! A Multi-Family Building! Three homes on one lot. Three APNs. Architectural Plans. Approved Conditional Use Permit. A great investment opportunity to purchase a flat residential lot AND complete set of plans with APPROVED conditional use permit for a THREE separate units. Seller will eventually split lot into THREE APNs. Sell two, keep one. Rent two, use one. The City of Palm Springs has already approved the permit to build three individual and separate buildings totaling 5,476 square feet. UNIT ONE is a 1 bedroom/1.5 bathroom, single level unit with ~1409 sqft. UNIT TWO is a 2 bedroom/2.5 bath + office, 2-story unit with ~2084 sqft. UNIT THREE is a 2 bedroom/2.5 bath, 2-story unit with ~1983 sqft. Architectural plan have been completed and the Conditional Use Permit has been APPROVED by the City. Good for 2 years. The permitted plan includes a gated compound of three modern units with open floor plan with ceilings that range up to 11 ft high. All units have/can have fireplaces, main floor bedrooms, private yard and spa, and 2 covered parking spaces per unit + extra guest parking. EV car charger. Solar. You own the Land and NO HOA. Located minutes from downtown. NOTE: Seller open conventional buyer; investor; partial ownership; builder partnership or Junior Partnership.
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School Ratings & Info
Description
Shovel-Ready Opportunity! Welcome to Eden Palm Estates! A Multi-Family Building! Three homes on one lot. Three APNs. Architectural Plans. Approved Conditional Use Permit. A great investment opportunity to purchase a flat residential lot AND complete set of plans with APPROVED conditional use permit for a THREE separate units. Seller will eventually split lot into THREE APNs. Sell two, keep one. Rent two, use one. The City of Palm Springs has already approved the permit to build three individual and separate buildings totaling 5,476 square feet. UNIT ONE is a 1 bedroom/1.5 bathroom, single level unit with ~1409 sqft. UNIT TWO is a 2 bedroom/2.5 bath + office, 2-story unit with ~2084 sqft. UNIT THREE is a 2 bedroom/2.5 bath, 2-story unit with ~1983 sqft. Architectural plan have been completed and the Conditional Use Permit has been APPROVED by the City. Good for 2 years. The permitted plan includes a gated compound of three modern units with open floor plan with ceilings that range up to 11 ft high. All units have/can have fireplaces, main floor bedrooms, private yard and spa, and 2 covered parking spaces per unit + extra guest parking. EV car charger. Solar. You own the Land and NO HOA. Located minutes from downtown. NOTE: Seller open conventional buyer; investor; partial ownership; builder partnership or Junior Partnership.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T08:27:02.113. 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 deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.