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73345 Royal Palm Drive, 
Palm Desert, CA 92260

$639,000


4

Beds


3

Baths


1,589

Sq Ft


Multi-Family


Virtual Tour

Active

Last updated:

May 17, 2025, 01:25 AM

MLS#

219130168

Source:

CA DAMLS

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About This Home

73345 Royal Palm Drive

Welcome to 73345 Royal Palm Drive—a rare investment opportunity in the heart of Palm Desert. This centrally located income property 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.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1954

Price Summary

639,000

$402 per Sq. Ft.

MLS #:

219130168

Last Updated:

May 17, 2025, 01:25 AM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,589 Sq. Ft.


Structure

Structure

Building Area:

1,589 Sq. Ft.

Year Built:

1954


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$639,000

Price per Sq. Ft:

$402 per Sq. Ft.

Source:CA DAMLS
Based on information from the California Desert Association of REALTORS® as of May 17, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.