42995 Park, Palm Desert, CA 92260

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
42995 Park,Palm Desert, CA 92260
$1,399,000
  • 10 Beds
  • 8 Baths
  • 3,986 sq. ft.
  • Multi-family
  • Active
Listed by: frederick parker
Office: kimberly rangell, broker714-372-2225
MLS#:IV26150354
Source:CRMLS

Price summary

  • Price:$1,399,000
  • Price per sq. ft.:$350.98
  • Monthly HOA dues:$980

About this home

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.

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Home facts

  • Year built:1989
  • Subdivision & Development:Park Village
  • Listing ID #:IV26150354
  • Added:47 day(s) ago
  • Updated:August 28, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Full bathrooms:8
  • Bedroom Description:All Bedrooms Down
  • Living area:3,986 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1989
  • Building area:3,986 sq. ft.
  • Lot area:0.35 Acres
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$350.98

Features and amenities

  • Laundry features:Inside
  • Amenities:Paddle Tennis, Pickleball, Pool, Racquetball, Tennis Courts
  • Pool features:Association Pool, Fenced, Pool

Parking

  • Total parking spaces:12
  • Parking description:Covered
  • Garage:Yes
  • Garage spaces:10
Based on information from California Regional Multiple Listing Service, Inc. as of August 28, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.