CA > Palm Desert > Not Applicable-1
Palm Desert, CA 92260,73345 Royal Palm DR
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Palm Desert, CA 92260,73345 Royal Palm DR
Palm Desert, CA 92260,73345 Royal Palm DR
Palm Desert, CA 92260,73345 Royal Palm DR
Palm Desert, CA 92260,73345 Royal Palm DR
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Richard Chung

Richard Chung

+1(714) 865-3871
$ 639,000
Est. payment /mo
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Open Sun 11AM-2PM

73345 Royal Palm DR Palm Desert, CA 92260

8,712 Sqft Lot

OPEN HOUSE

Sun May 18, 11:00am - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219130168DA

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 - North Palm Desert

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Water Heater

Exterior

Parking Features Driveway, On Street

View Y/N Yes

View Mountain(s), Peek-A-Boo

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 627084002

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

California Regional MLS (CRMLS)
Listed by Tyler Hauer-Salhus • Coldwell Banker Realty
agent

Richard Chung

Agent | License ID: 01899002

+1(714) 865-3871

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73345 Royal Palm DR