- 10 Beds
- 8 Baths
- 3,986 Sqft
- .35 Acres
42995 Park
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 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.
Essential Information
- MLS® #IV26150354
- Price$1,399,000
- Bedrooms10
- Bathrooms8.00
- Full Baths8
- Square Footage3,986
- Acres0.35
- Year Built1989
- TypeResidential
- Sub-TypeQuadruplex
- StatusActive
Community Information
- Address42995 Park
- Area323 - South Palm Desert
- SubdivisionPark Village
- CityPalm Desert
- CountyRiverside
- Zip Code92260
Amenities
- Parking Spaces12
- ParkingCovered
- # of Garages10
- GaragesCovered
- ViewMountain(s)
- Has PoolYes
- PoolAssociation, Fenced
Amenities
Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Paddle Tennis, Racquetball
Interior
- Interior FeaturesAll Bedrooms Down
- HeatingNone
- CoolingCentral Air
- FireplaceYes
- FireplacesLiving Room
- # of Stories1
- StoriesOne
Exterior
- Lot DescriptionZeroToOneUnitAcre
School Information
- DistrictDesert Sands Unified
Additional Information
- Date ListedJuly 10th, 2026
- Days on Market57
- HOA Fees980
- HOA Fees Freq.Monthly
Listing Details
- AgentFrederick Parker
- OfficeKIMBERLY RANGELL, BROKER
Price Change History for 42995 Park, Palm Desert, (MLS® #IV26150354)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,425,000 to $1,399,000 | ||
| Price Reduced from $1,475,000 to $1,425,000 |
Frederick Parker, KIMBERLY RANGELL, BROKER.
Based on information from California Regional Multiple Listing Service, Inc. as of September 7th, 2026 at 3:26am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.