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 extraordinary 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 approved the permit to build three individul 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. 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 cover ed parking spaces per unit + extra guest parking. You own the Land and NO HOA. Located minutes from downtown.

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on 101 W Via Olivera
in Palm Springs, CA
Presented by Dean Sipe at
Berkshire Hathaway HomeServices CA Properties.


Property MLS #24-391577 from TheMLSCLAW

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+ Waterfront and Water Access

Water Features: District

+ Land Info

Lot Size Acres: 0.3
Lot Size Source: Assessor
Topography: Flat
Lot Size Square Feet: 13068

+ Home Features

View: Mountains

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Existing Lease Type: Fee

+ Other Property Info

Source Listing Status: Active
County: Riverside
Directions: From N Palm Canyon, turn east onto W Via Olivera. Lot is on right side (south side) of street. Directly across from 272 W Via Olivera.
Source Property Type: Land
Inclusions: Building Architectural Plans. Approved Conditional Use Permit dated 01/07/2023.
Area: Palm Springs North End
Source Neighborhood: Palm Springs North End
Parcel Number: 504-270-002
Property Location: City
Zoning: R2/C1
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-05-14
$599,000
TheMLSCLAW

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Listing removed 2024-03-15
$0
TheMLSCLAW

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Listed 2023-11-13
$899,000
TheMLSCLAW

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Listing removed 2023-10-09
$0
TheMLSCLAW

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Price Changed 2023-09-01
$999,000
TheMLSCLAW

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Listed 2023-03-09
$849,000
TheMLSCLAW

+ Utilities

Sewer: In Street

+ Display Complete School Details

Raymond Cree Middle School is a public middle school located approximately 0.8 miles away.
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Katherine Finchy Elementary School is a public elementary school located approximately 1.1 miles away.
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Palm Springs High School is a public high school located approximately 2.7 miles away.
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Creative Beginnings Montessori Center is a private elementary school located approximately 0.8 miles away.
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