x
Address
350 E Palm Canyon Drive Palm Springs, CA
Price
$ 4,500,000
Property Attributes
  • MLS#19427444PS
  • TypeIncome
  • CountyRIVERSIDE
  • CityPalm Springs
  • AreaPalm Springs South E
  • NeighborhoodTahquitz River Estat
  • Zip92264
  • Style
  • Price$ 4,500,000
  • Bedrooms30
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.4 Acres
Listing Provided Courtesy Of:
McLean Company Rentals
Property Description

Premium South Palm Canyon location surrounded by boutique hotels and restaurants, El Moro Villas includes two parcels totaling just under an estimated 1.5 acres of land lot size. Options are limitless for a new buyer. The property historically used at one time as a hotel / short-term offering, and for the past 15+ years has been utilized as long-term fully furnished studio apartments. The property currently includes 30 total units, plus an onsite office and an additional large storage or small retail / restaurant space having the required plumbing. Current tenants experience high quality residential living with resort like amenities such as an oversized pool and spa, lush landscaping and all-inclusive utilities including cable and internet. New buyer may capitalize on the surging boutique hotel demand or continue operating as studio apartments.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/28/2019 Listed $4,750,000
3/4/2019 6% - $4,500,000

General Features

Grn Certif Rating 0.00
MLS Area Palm Springs South E
Maintenance 0.00
Property SubType Residential Income
Property Type Residential Income
Senior Community Y/N No
Subdivision Name Tahquitz River Estat
Total Units 30
Transaction Type Sale
Trash Expense 0.00
Water Sewer Expense 0.00
Year Built 1960
Zoning R3

Interior Features

# Of Ranges 0.00
Cooling Air Conditioning, Ceiling Fan(s)
Dishwasher(s) 0.00
Disposal(s) 0.00
Living Area 0.00
Refrigerators 0.00
Total Bedrooms 30

Exterior Features

Bathrooms 30.00
Land Lease Amount 0.00
Land Type Fee
Lot Size Acres 1.40
Lot Size Source (Other)
Lot Size Square Feet 61000.00
Lot Size Units SqFt
Number of Buildings 8
Pool Descriptions Pool-Indoor
Private Pool Y/N Yes
Total Parking 30

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92264

Price
AVG $1.94M
$4.5M
Visits
AVG 25
32
Year Built
AVG 1956
1960
Walkscore
AVG 51
45
Data Provided by Walkscore ® not using MLS data

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