CnC Realty
1 / 10

$1,290,000

42995 Park

Palm Desert, CA 92260

Active

1989

Year Built

Riverside

County

Quadruplex

Property Type

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.

Listed by FREDERICK PARKER · DRE #01802738 · KIMBERLY RANGELL, BROKER
MLS #1190873589
ListedJul 10, 2026

Property Details

Architecture

Stories1
StyleN/A
Total Units4
RoofN/A
Garage Spaces10
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesAll Bedrooms Down
Exterior FeaturesN/A
FlooringN/A
CoolingCentral Air
HeatingNone
FireplaceLiving Room
LaundryInside
Parking FeaturesCovered
Parking Total12
Patio & PorchN/A
Entry Level1
Entry Locationfront
Common WallsNo Common Walls

Property Features

Lot Size0.35 ac
Lot FeaturesZero To One Unit Acre
ViewMountains
DirectionsEAST ON MAGNESIA FALLS DR. LEFT ON PARK PLACE. CORNER OF MAGNESIA FALLS DR AND PARK PLACE

Community

Area323 - South Palm Desert
School DistrictN/A

Tax & Financial

TermsSubmit
Land LeaseNo
HOA NamePERSONILIZED PROPERTY MANAGEMENT
HOA Fee$980 / Monthly

Request a Tour

Mortgage Estimate

$6,866/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:00 PM

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