280 E Mel Avenue

    Palm Springs, CA 92262
    • $2,195,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 19480072PS
    Price Reduced
    UPDATED: 64 min ago
    $2,195,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $439
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    A very charming Spanish hotel in the heart of central Palm Springs. This fully remodeled building is currently set up with an extra large owner unit and 11 additional one bedroom units. Pool has dramatic mountain views. There is a 20 person private spa. This is an amazing opportunity to run a senior care facility, drug & alcohol treatment facility, bed and breakfast or apartment. Property is currently vacant as it was previously leased and tenant vacated. The property was operating as a drug and alcohol recovery center with permits. Call today for an appointment to see this incredible opportunity.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-16T17:38:36.05. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.ardentrealestategroup.com/homes/96190434

    280 E Mel Avenue Palm Springs, CA 92262

    • Price: $2,195,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 19480072PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    5,000
    SQFT
    $439
    $/SQFT
    1955
    Built
    Neighborhood:
    Movie Colony (5620)
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    A very charming Spanish hotel in the heart of central Palm Springs. This fully remodeled building is currently set up with an extra large owner unit and 11 additional one bedroom units. Pool has dramatic mountain views. There is a 20 person private spa. This is an amazing opportunity to run a senior care facility, drug & alcohol treatment facility, bed and breakfast or apartment. Property is currently vacant as it was previously leased and tenant vacated. The property was operating as a drug and alcohol recovery center with permits. Call today for an appointment to see this incredible opportunity.
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking YN Yes View Mountain(S)DesertCanyonPool View YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes Laundry Features Common Area Levels One

    Property Features

    Gross Multiplier 1.00 Gross Operating Income 1.00 Improvements Amount 775000 Land Lease YN No Land Value 400000 Laundry YN Yes Net Operating Income 0.00 Security Features Gated Community24 Hour SecurityCarbon Monoxide Detector(S) Special Listing Conditions Standard Subdivision Name Other Movie Colony (5620)

    Listing provided courtesy of David Emerson of Windermere Homes And Estates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-16T17:38:36.05. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    Brea CA, 92821