42995 Park Palm Desert, CA $ 1,475,000
42995 Park
$ 1,475,000
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42995 Park

Palm Desert, CA, 92260
$ 1,475,000
Bedrooms10 Baths8.0 Sq 3,986

Monthly Estimate*

$ 9,313

Listed by KIMBERLY RANGELL, BROKER
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42995 Park, Palm Desert, CA 92260 - Image 10
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Multi-Family Home for sale in Palm Desert, CA

for $1,475,000 with 10 bedrooms and 8 full baths. This 3,986 square foot home was built in 1989 on a lot size of 0.35.

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. WITH A STRONG LAYOUT, AND DESIRABLE AMENITIES LIKE GARAGE PARKING, A POOL, AND SPA AND TENNIS COURTS 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, MAKING IT CONSISTENTLY SOUGHT AFTER. IT'S THE 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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Multi-Family Active

Price

$ 1,475,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.35

Year Built

1989

Town/City

Palm Desert

County/Region

Riverside

MLS | Web ID

IV26150354

Days on Market

3

Features
General
Living Area 3986
Sewer Public Sewer
Heating None
Cooling Central Air
HOA Fee 980
Garage Spaces 10
Pool Features Fenced Association
Year Built 1989
View Mountain(s)
Stories Count 1
Levels One
Property Subtype Quadruplex
Community Features Park
Assoc Fee Paid Per Monthly
County Riverside
New Construction false
Property Type Residential
Association Amenities Paddle Tennis Pickleball Pool Racquetball Spa/Hot Tub Tennis Court(s)
HOA true
Attached Garage true
Subdivision Name Park Village
Garage Y/N true
Full Baths 8
Special Listing Conditions Standard
Status Active
Directions EAST ON MAGNESIA FALLS DR. LEFT ON PARK PLACE. CORNER OF MAGNESIA FALLS DR AND PARK PLACE
City Palm Desert
Association Name PERSONILIZED PROPERTY MANAGEMENT
Entry Location front
Senior Community Y/N false
High School District Desert Sands Unified
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 323 - South Palm Desert
Lot Size Units Square Feet
Lot Size Square Feet 15246
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Quadruplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features Living Room
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N true
Laundry Features Inside
Total Bedrooms 10
Entry Level 1
Main Level Bedrooms 10
Main Level Bathrooms 8
Total Baths 8
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Exterior
Parking Features Covered
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 12
Lot Size Area 15246
Lot Size Acres 0.35
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Kimberly Rangell, Broker

Broker

fredericklparker@yahoo.com

Email

Affordability Calculator

$9,313
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,313
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2026$1,475,000 Listed Price

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42995 Park, Palm Desert, CA, 92260 is a Multi-Family Home for sale at $1,475,000 with 3,986 sqft and a lot size of 0.35. 42995 Park has 10 bedrooms, 8.0 baths, and was built in 1989. The property's zip code is 92260 which is in Palm Desert, CA