Palm Springs, CA 92264,1586 E Palm Canyon DR
Palm Springs, CA 92264,1586 E Palm Canyon DR
Palm Springs, CA 92264,1586 E Palm Canyon DR
18
$1,050,000
$1,195,000
12.1%
Est.Price: ?

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0.47 Acres Lot

1586 E Palm Canyon DR Palm Springs, CA 92264

Est. payment /mo
SOLD DATE : 12/16/2013

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Key Details

Sold Price $1,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Deepwell

MLS Listing ID 21470074DA

Year Built 1954

Lot Size 0.475 Acres

Property Description

This meticulously maintained and operated 10 room boutique hotel has been owned and operated by the same owners for 16 years. It is rated #5 in Palm Springs and the top 25 value hotels in the country by TripAdvisor. There is a solid built-in client base and it is hightly rated on major web sites.The pool and spa are fully tiled with porcelain tiles and the grounds are lush and perfectly kept. Five rooms have kitchenettes.The financials are fully documented and only getting better. This is one of the best established small inns in Palm Springs. Easy to see.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Heating Electric

Cooling Electric

Fireplaces Type Living Room, See Remarks

Exterior

Pool In Ground, Tile

View Y/N Yes

View Mountain(s)

Roof Type Foam

Building

Lot Description Corner Lot

Story One

Foundation Slab

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Stephen Hodge • Bennion Deville Homes
Bought with Byron Clark • First Team Real Estate

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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