About 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.
Features of 42995 Park
| MLS® # | IV26150354 |
|---|---|
| Price | $1,399,000 |
| Bedrooms | 10 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 3,986 |
| Acres | 0.35 |
| Year Built | 1989 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 42995 Park |
|---|---|
| Area | 323 - South Palm Desert |
| Subdivision | Park Village |
| City | Palm Desert |
| County | Riverside |
| Zip Code | 92260 |
Amenities
| Amenities | Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Paddle Tennis, Racquetball |
|---|---|
| Parking Spaces | 12 |
| Parking | Covered |
| # of Garages | 10 |
| Garages | Covered |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Association, Fenced |
Interior
| Interior Features | All Bedrooms Down |
|---|---|
| Heating | None |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
School Information
| District | Desert Sands Unified |
|---|
Additional Information
| Date Listed | July 10th, 2026 |
|---|---|
| Days on Market | 62 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 980 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Frederick Parker |
|---|---|
| Office | KIMBERLY RANGELL, BROKER |