280 E Mel Avenue

    Palm Springs, CA 92262
    • $2,195,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 19480072PS
    Price Reduced
    UPDATED: 93 min ago
    $2,195,000
    • 12
      BEDS
    • 0.48
      ACRES
    • 12
      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.

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    Based on information from CARETS as of 2019-07-16T23:49:39.477. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/96188877

    280 E Mel Avenue Palm Springs, CA 92262

    • Price: $2,195,000
    • Status: Active
    • Updated: 93 min ago
    • ID#: 19480072PS
    12
    Beds
    12
    Baths
    0
    ½ Baths
    0.48
    Acres
    5,000
    SQFT
    $439
    $/SQFT
    1955
    Built
    Neighborhood:
    Movie Colony
    County:
    Riverside
    Area:
    Palm Springs Central (332)
    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

    Building Structure Style Spanish Construction Frame And Stucco Exterior Construction Stucco Parking Features Driveway Parking Spaces Total 12 View Canyon ViewDesert ViewMountain ViewPool View

    Interior Features

    Cooling Type Air ConditioningCeiling Fan(S)Central A/C Heating Type Forced Air Kitchen Features Granite Counters Laundry Locations Laundry Area Levels One Level Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 0.0 Unit Number Of Bed01 0

    Property Features

    Adjusted Gross Income 1.00 Assessed Improvement Value 775000.00 Assessed Land Value 400000.00 Buyer Financing CashCash To New Loan Country United States Of America Expense Total Annual 0.00 Gross Operating Income 1.00 Gross Rent Multiplier 1.00 Hoa YN N Land Lease Type Fee Legal Disclosures Take Property As Is Listing Terms CashCash To New LoanOwner May Carry Lot Size Source Public Records Net Operating Income 0.00 Number Of Buildings 2 Security Safety 24 HourCarbon Monoxide Detector(S)Gated Community Special Conditions Standard Sale Square Footage Source Seller Tax Mello Roos No Unit Monthly Rent01 0.00 Unit Projected Total Monthly Rent01 0.00 Unit Total Monthly Rent01 0.00 Unit Type01 0 Units Total In Complex 12

    Listing provided courtesy of David Emerson DRE#01376513 of Windermere Homes And Estates.


    Based on information from CARETS as of 2019-07-16T23:49:39.477. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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