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For Sale
$3,250,000
Est. $18,200/mo211 Sunrise Way, Palm Springs, CA 92262
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About this home
15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs.Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.Located on site of the former Gas Company building set to be sold separately or as a packaged deal.
Property Facts
bathtub
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0
landscape
Lot Size
59,677 sqft
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Days on Market
0
payments
HOA Fee
N/A
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MLS #
219144637PS
Interior Details
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Exterior & Lot
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Nearby Schools
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Convenience Score
Market Insights
92262|Palm Springs
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Estimated Value
Calculating...
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Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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