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42995 Park

Palm Desert, CA 92260
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$1,425,000 $6,007/Mo
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Bed 10

Bed

Bath 8

Bath

SqFt15,246

Sqft(Lot)

PRICED TO SELL!!!!! DON'T MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY. THIS EXCEPTIONAL WELL MAINTAINED LUXURY MULTI-FAMILY PROPERTY ON PARK PLACE IN PALM DESERT IS A PRIME INVESTMENT. EACH UNIT HAS MASTER BEED ROOM WITH A STRONG LAYOUT,NEWER TILE AND LAMINATE FLOORING AND DESIRABLE AMENITIES LIKE GARAGE PARKING, A POOL, AND SPA. IT APPEALS TO SERIOUS LONG TERM AND SHORT TERM TENANTS. 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. THE AREA IS SERVED BY EXCELLENT SCHOOLS, INCLUDING ABRAHAM LINCOLN ELEMENTARY AND PALM DESERT HIGH SCHOOL, MALL, EL PESEO, FWY ACCESS, COSTCO, SAMS CLUB AND NEW DISNEY RESORT COTINO. MAKING IT CONSISTENTLY SOUGHT AFTER. IT'S T HE PERFECT ADDITION TO ANY PORTFOLIO, WHETHER YOU'RE JUST STARTING INVSTIONG OR LOOKING TO EXPAND. THIS PROPERTY QUALIFIES FOR STANDART FHA, VA AND CONVENTIONAL FININCING IF OWNER OCCUPIED.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,425,000

AD Id : 88459376

MLS Id : IV26151955

Beds : 10

Lot Size : 15,246 Sqft

Year Built : 1989

Garage : 10

County : Riverside

Subdivision: White Plains Sec 03

  • Map Map

Map

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Feature Features

  • Interior Features

    AllBedroomsDown
    Laundry Features: Inside

  • Heating & Cooling

    Heating: None Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1989
    Building Area Total: 3986
    Stories: 1
    Pool Features: Fenced, Association
    Private Pool: No
    View: Mountains
    Association Fee Frequency: Monthly

  • Lot Information

    Main Square Feet: 15246 Lot Size Acres: 0.35 Lot Size Source: Assessor Lot Size Square Feet: 15,246 Lot Description: ZeroToOneUnitAcre

    Property Information

    Subdivision: Park Village Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: One Property Age: 37

  • Listing Price Information

    Listing Price: $1425000
    Original Price: $1475000
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  • Tax Information

    Parcel Number: 624330001 Tax Lot: 1

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 12 Covered

    Garage Information

    Has Garage: Yes Garage Space: 10

    Homeowners Association Information

    Has Association: Yes
    HOA: $980.00
    Association Amenities: Pool, SpaHotTub
    Community Features: Park

  • Location Information

    Direction: EAST ON MAGNESIA FALLS DR. LEFT ON PARK PLACE. CORNER OF MAGNESIA FALLS DR AND PARK PLACE WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
73134 Guadalupe, Palm Desert, CA, 92260 $820,000 2 2 1,680 1,680 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 22:18

MLS: IV26151955 LISTED BY: FREDERICK PARKER, KIMBERLY RANGELL, BROKER 714-372-2225 SOURCE: CRMLS

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