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Welcome to 73345 Royal Palm Drive--a rare investment opportunity in the heart of Palm Desert. This centrally located triplex 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 Type(s):
Residential Income
| Last Updated | 5/15/2025 | Tract | Not Applicable-1 |
|---|---|---|---|
| Year Built | 1954 | Community | North Palm Desert |
| County | Riverside |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Water Heater |
| AREA | North Palm Desert |
| GARAGE | Driveway, On Street |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Open Floorplan |
| LOT | 8712 sq ft |
| PARKING | Driveway,On Street |
| STORIES | 1 |
| SUBDIVISION | Not Applicable-1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s),Peek-A-Boo |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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