1600 E Palm Canyon Drive $3,500,000

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    1600 E Palm Canyon Drive Palm Springs, CA 92264

    • 6,670 sq. ft.
    • Commercial
    • MLS# 219032267
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    Views: 176 Days On Market: 159

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    Property Details

    Hotel is located in the South end of Palm Springs in the very desirable Deepwell Neighborhood. This Mediterranean style Boutique Hotel is centered by a spacious 40 ft. pool, 10 person spa, guest BBQ and dining counter, coffee bar, outdoor kitchen and fireplace. Currently operated as 13 guest Rooms, property tax and city records indicate the Hotel can be operated as sixteen (16) rooms. There are 16 bathrooms and 16 off street parking spaces to support this. In addition to the 13 Guest Rooms, there is a 2 Bedroom, 2 Bathroom owners/resident managers unit with a full kitchen and private patio that can be easily modified to become two separate rooms. The reception/office can be converted back to another unit. Hotel is well located within walking distance of Smoketree Commons and Smoketree Shopping Center with multiple retail stores and dining options. Purchase price includes furniture, fixtures and equipment (FF&E) plus the Reservation database. Fully operational and well maintained & licensed Hotel. Rooms have individual forced air a/c units. Laundry & Storage room located on site. Updated central electrical system and natural gas service. Fenced & gated resort.

    • General Features
      • Listing Terms Cash,Conventional,Standard Sale
      • Security Safety Gated Community,Smoke Detector

    Contact

    Victor Minetti

    REALTOR®

    01382621

    Palm Desert Office

    Cell: 760-333-9875

    Neighborhood

    92264 (Palm Springs) Demographics

    58 Median Age
    378 Population Density (per sq. mile)
    45% College Educated
    $45,166 Estimated Median Income
    6,786 Estimated Total Home Owners
    4,216 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    19,778 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $435,500 Median Sales Price
    88 Homes Sold
    97 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,500,000
        2/11/2020 8:01:56 AM Status Changed Source New Value: Active
        1/20/2020 10:01:55 AM Status Changed Source New Value: Active Under Contract
        10/22/2019 7:32:00 AM New in Database Source

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2020 GPS MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.