Palm Springs, CA 92264,650 E SAN LORENZO RD
$1,990,000
Est. payment /mo
$1,990,000
Est.Price: ?

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0.72 Acres Lot
SOLD DATE : 02/27/2015

Key Details

Sold Price $1,990,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Tahquitz River Estat

MLS Listing ID 14768033PS

Sold Date 02/27/15

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1960

Lot Size 0.719 Acres

Property Description

Don't miss this rare opportunity to own one of Palm Spring's finest small resort hotels. Currently operating as a very successful private men's resort, the property has unlimited potential to serve other markets, as well. Completely refurbished in 2005-06, the resort offers 23 smartly appointed suites & baths, plus a very spacious 1 BR manager's apartment. Lushly landscaped grounds feature spectacular mountain views and one of the largest pools and spas for this category of property in Palm Springs. All furnishings, equipment, linens and accessories, plus access to a very extensive client list, are included in the sale. Only a 15 minute walk from downtown Palm Springs, the hotel is superbly located in desirable South Palm Springs amidst other resorts and residences. This is an exciting opportunity for anyone seeking a quality resort with clientele to match.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Pool In Ground

View Y/N Yes

View Mountain(s)

Total Parking Spaces 22

Private Pool Yes

Building

Story 2

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 508191012

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mugge & Man Associates • Bennion Deville Homes
Bought with Scott Timberlake • Realty Trust

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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