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Closed
- Listed price
- $1,750,000
- Listed Mar 18, 2022
- Sold price
- $1,600,000
- Sold Jun 6, 2022
15,246 sqft lot|1991 Built|36 MLS days on market
42995 Park Pl 1-4, Palm Desert, CA 92260
Property Description
It's unusual to find a newer well maintained residential income property located in such a desirable neighborhood. Excellent location with high rental demand. A well maintained and renovated 4-plex in the heart of Palm Desert close to desired schools in a favored school district. The property consists of two 3bd/2ba units (end units #1 and #4) and two 2bd/2ba units (the middle units #2 and #3). Two units (#3 and #4) have been recently upgraded and renovated and are being rented at top market rents. The other two units (#1 and #2) both have long term tenants, both on month to month leases. There is a private community pool area with mountain views located in a quiet e cul-de-sac shared by other fourplex properties. An HOA covers roof, common area and pool/spa. Roofs were replaced in 2012, new efficient A/C's installed in 3 units within the past 2 years. All units offer nice privacy, enclosed patio spaces, two with fireplaces, private inside laundry and attached double car garages. Upside potential to renovate and remodel the remaining two units and get top market rents. Please ask for Income, Expense, Rent Roll and Projected Rent Statements.
Listing agent: Doug FischerDRE #01299270douglasfischer111@gmail.com, Listing office: Coldwell Banker Realty
MLS data updated 11/2/2026, 4:39:33 PM PT
Source: CRMLSMLS #: 219076623DA
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,600,000
Jun 6, 2022
Available records22022
From MLS recordsActual listing and closing events
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
$1,600,000Closed sale · Jun 6, 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.This home · 2 price recordsMar 18, 2022 – Jun 6, 2022
ZIP 92260 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.