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Palm Springs

211 Sunrise Way

About This Property

15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs.Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.Located on site of the former Gas Company building set to be sold separately or as a packaged deal.

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Listing courtesy of Compass

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$3,250,000

Est. Monthly Payment

$20,767/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Ryan Bragg

Compass