$1,680,000
$1,450,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
0.44 Acres Lot
SOLD DATE : 06/18/2021
Key Details
Sold Price $1,680,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219060743PS
Sold Date 06/18/21
HOA Y/N No
Year Built 1958
Lot Size 0.440 Acres
Acres 0.44
Property Description
This is an incredible, rare opportunity to purchase a hotel and restaurant in the highly desirable Uptown Palm Springs. The property is conveniently located in a walkable, urban center with a variety of shopping and dining options and in close proximity to the Palm Springs revitalization project that aims to deliver new prestigious hotels, restaurants, shopping and office spaces to the area. Featuring 6 units, restaurant, large pool and ample parking, this property is an ideal redevelopment asset for an investor looking to acquire real estate in an area poised for continued short and long-term growth.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning 1OGB82Z9HVCJ
Interior
Fireplace No
Exterior
Garage Assigned, Guest
Pool InGround
View Y/N Yes
View Mountains
Parking Type Assigned, Guest
Total Parking Spaces 17
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Other
Level or Stories One
Others
Senior Community No
Tax ID 504242007
Special Listing Condition Standard
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Bought with David Emerson • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner