Welcome to 73345 Royal Palm Drive–a rare investment opportunity in the heart of Palm Desert. This centrally located income property features two buildings: a front house with 2 bedrooms and 1 bathroom, and a rear structure comprising two 1-bedroom, 1-bathroom units. Each unit offers an open-concept layout with abundant natural light, creating a warm and inviting atmosphere.The property is ideally situated near the vibrant San Pablo corridor, offering easy access to local shops, restaurants, and the renowned El Paseo shopping district. With the rear units currently leased, you can enjoy immediate rental income while residing in the front house.Beyond its current configuration, the expansive lot presents potential for further development. According to Palm Desert regulations, multi-family properties like this one may be eligible for additional Accessory Dwelling Units (ADUs), subject to specific criteria . This flexibility allows for increased rental income or expanded living space, enhancing the property’s value.Don’t miss out on this exceptional property that combines immediate income potential with future development opportunities in one of Palm Desert’s most desirable neighborhoods. Contact us today to schedule a private tour and explore the possibilities that 73345 Royal Palm Drive has to offer.Note: Prospective buyers should consult with the City of Palm Desert’s Planning Department to verify development possibilities.
Property Details
Price:
$639,000
MLS #:
219130168DA
Status:
Active
Baths:
0
Address:
73345 Royal Palm Drive
Type:
Residential Income
Neighborhood:
322northpalmdesert
City:
Palm Desert
Listed Date:
May 7, 2025
State:
CA
ZIP:
92260
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1954
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Schools
Interior
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Water Heater
Cooling
Central Air
Flooring
Laminate, Tile
Heating
Central
Interior Features
Open Floorplan
Exterior
Garage Spaces
0.00
Parking Features
Street, Driveway
Parking Spots
0.00
Stories Total
1
View
Mountain(s), Peek- A- Boo
Financial
Association Fee
0.00
Tenant Pays
Electricity
Map
Community
- Address73345 Royal Palm Drive Palm Desert CA
- Area322 – North Palm Desert
- CityPalm Desert
- CountyRiverside
- Zip Code92260
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73345 Royal Palm Drive
Palm Desert, CA
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