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INVESTMENT OPPORTUNITY. As the exclusive listing brokers, we are pleased to present the opportunity to acquire a beautiful R-2 lot adjoining 2 DE-O lots, which are also available separately, in a highly demanded and newly created Downtown District of Palm Desert. The creation of several rentable units near Highway 111, El Paseo, San Pablo Avenue and the new Downtown Palm Desert which is planned for higher density makes this area a true hot spot. Several Rentals allow for mail box money potential!The City's newly updated General Plan identifies San Pablo Avenue as a key area for transformational change to facilitate the creation of a downtown/city center. The urbanization of the Downtown Palm Desert offers incredible opportunity and access to shopping, restaurants, and other commercial services at El Paseo and Highway 111 with residential neighborhoods and civic uses including Palm Desert City hall, College of the Desert, Civic Center Park, and the future CVLink.
Listing agent: Kristian Ardelian DRE #02069861 kristian.ardelian@gmail.com, Listing office: Kristian Ardelian, Broker
MLS data updated 11/1/2026, 5:58:55 PM PT
Source: CRMLS, MLS #: 219078065DA
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 14, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$200,000Closed sale · Jun 14, 2022ZIP 92260 · Jun 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.