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02 N Sunrise way - 15 APPROVED LUX. RES. UNITS NEAR-DOWNTOWN PS 1.37 Acres of Residential Land in Palm Springs, CA 92262



Investment Highlights
- RARE APPROVED 15-UNIT LUXURY RESIDENTIAL PROJECT IN DESIRABLE CITY OF PALM SPRINGS FEE ON SIMPLE LAND
- ALSO AVAILABLE ADJ. EXISTING BUILDING 5,879 SF (REQUIRES RENOVATION FOR RESIDENTIAL CONVERSION 5 BR / 5.5 BA)
- PRIME INFILL SITE WITH HIGH VISIBILITY OFF SUNRISE & AMADO – WALKABLE TO CORE DOWNTOWN AREA
Executive Summary
Very rare opportunity to acquire and develop a desirable residential project in Palm Springs with a great location!
The adjacent existing building (5,879 sf) is available - requires renovation for residential conversion (5 BR / 5.5 BA) with “Brutalist Modern Architecture” - please contact broker for additional information.
The adjacent existing building (5,879 sf) is available - requires renovation for residential conversion (5 BR / 5.5 BA) with “Brutalist Modern Architecture” - please contact broker for additional information.
Property Facts
1 Lot Available
Lot
| Lot Size | 1.37 AC |
| Lot Size | 1.37 AC |
15 ENTITLED UNITS (ATTACHED) | 1.37 PRIME INFILL ACRES (RARE FEE LAND) APPROVED ENTITLEMENTS & ARCHITECTURE | $1M+ MODERN LUXURY HOMES 2-STORY | 1,344 TO 1,881 SF | 2 & 3 BEDROOM UNITS WITH PRIVATE BACKYARDS NWC N. SUNRISE WAY & ANDREAS RD | WITHIN S
Property Taxes
| Parcel Number | 508-070-016 | Improvements Assessment | $792,016 |
| Land Assessment | $446,205 | Total Assessment | $1,238,221 |
Property Taxes
Parcel Number
508-070-016
Land Assessment
$446,205
Improvements Assessment
$792,016
Total Assessment
$1,238,221
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02 N Sunrise way - 15 APPROVED LUX. RES. UNITS NEAR-DOWNTOWN PS
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