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.
For sale
Listed by: KIMBERLY RANGELL, BROKER • FREDERICK PARKER • Contact: 626-979-4577
Price cut: $50K (7/24)
$1,425,000
42995 Park Pl, Palm Desert, CA 92260
10beds
3,986sqft
:
Get pre-qualified$10,588/mo
Quadruplex
Built in 1989
-- sqft lot
$1,363,700 Zestimate®
$358/sqft
$980/mo HOA
What's special
- 20 days |
- 558 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
FREDERICK PARKER DRE #01802738 626-979-4577,
KIMBERLY RANGELL, BROKER
Source: CRMLS,MLS#: IV26150354
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
- Main level bathrooms: 8
- Main level bedrooms: 10
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- None
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,986 sqft
Property
Parking
- Total spaces: 12
- Parking features: Covered
- Attached garage spaces: 10
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: Fenced, Association
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.35 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 624330001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park
- Subdivision: Park Village
HOA
- Has HOA: Yes
- Amenities included: Paddle Tennis, Pickleball, Pool, Racquetball, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $980 monthly
- HOA name: PERSONILIZED PROPERTY MANAGEMENT
- HOA phone: 760-325-9500
Location
- Region: Palm Desert
Financial & listing details
- Price per square foot: $358/sqft
- Tax assessed value: $1,697,932
- Annual tax amount: $22,589
- Date on market: 7/11/2026
- Cumulative days on market: 20 days
- Listing terms: Submit
Estimated market value
$1,363,700
$1.30M - $1.43M
$3,065/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $1,425,000-3.4%$358/sqft |
Source:  CRMLS #IV26150354 Report a problem | ||
| 7/11/2026 | Listed for sale | $1,475,000-26.2%$370/sqft |
Source: CRMLS #IV26150354 Report a problem | ||
| 3/5/2025 | Listing removed | $1,999,000$502/sqft |
Source:  CLAW #24-452061 Report a problem | ||
| 10/15/2024 | Listed for sale | $1,999,000+24.9%$502/sqft |
Source: CLAW #24-452061 Report a problem | ||
| 6/6/2022 | Sold | $1,600,000+18.5%$401/sqft |
Source: Public Record Report a problem | ||
| 2/28/2022 | Sold | $1,350,000$339/sqft |
Source:  CDAR/ Desert Area MLS #219072343 Report a problem | ||
| 2/9/2022 | Pending sale | $1,350,000$339/sqft |
Source: CRMLS #219072343DA Report a problem | ||
| 1/22/2022 | Contingent | $1,350,000$339/sqft |
Source: CRMLS #219072343DA Report a problem | ||
| 1/12/2022 | Listed for sale | $1,350,000+210.3%$339/sqft |
Source: CDAR/ Desert Area MLS #219072343 Report a problem | ||
| 5/28/2010 | Sold | $435,000-20.8%$109/sqft |
Source: CDAR/ Desert Area MLS #21384632 Report a problem | ||
| 10/16/2003 | Sold | $549,000$138/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,589 +2.1% | $1,697,932 +2% |
| 2024 | $22,122 +2.4% | $1,664,640 +2% |
| 2023 | $21,606 +170.3% | $1,632,000 +208.4% |
| 2022 | $7,993 +2.8% | $529,105 +2% |
| 2021 | $7,774 +1.6% | $518,731 +1% |
| 2020 | $7,652 +1.6% | $513,413 +2% |
| 2019 | $7,530 +1.6% | $503,347 +2% |
| 2018 | $7,410 +1.8% | $493,479 +2% |
| 2017 | $7,281 | $483,804 +2% |
| 2016 | $7,281 +1.8% | $474,319 +1.5% |
| 2015 | $7,151 +1.4% | $467,196 +2% |
| 2014 | $7,052 | $458,046 +0.5% |
| 2013 | -- | $455,979 +2% |
| 2012 | -- | $447,039 +2% |
| 2011 | -- | $438,274 -57.8% |
| 2010 | -- | $1,037,933 -0.2% |
| 2009 | -- | $1,040,400 +2% |
| 2008 | -- | $1,020,000 +2% |
| 2007 | -- | $1,000,000 +75.1% |
| 2006 | -- | $571,179 +2% |
| 2005 | -- | $559,980 +33.8% |
| 2003 | -- | $418,500 +8.7% |
| 2002 | -- | $385,000 +10% |
| 2001 | $4,773 -0.4% | $350,000 |
| 2000 | $4,794 | $350,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92260
Nearby schools
GreatSchools rating
- 7/10Abraham Lincoln Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Colonel Mitchell Paige Middle SchoolGrades: 6-8Distance: 4 mi
- 9/10Palm Desert High SchoolGrades: 9-12Distance: 0.8 mi
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