67840 9 Hacienda Avenue, Desert Hot Springs

$795,000

1 Beds
1 Baths
0 Acres
0 Garages

Cannabis friendly hotel with Mineral Hot Water pools and an excellent Investor Opportunity to own a mid-century modern hotel recently featured on Forbes, LA Times and more. Known for the scandal and opportunity for clientele to legally consume marijuana during their stay. Clients also may soak in the sparkling hot all-natural healing mineral waters in pool and spa which pipes in at 140 degrees direct from the aquifer and is odorless. Enjoy panoramic views in this remodeled mid-century modern rooms with concrete floors, kitchenette suites and so much more. Hotel currently features 6 operating rooms with potential of converting up to 9 suites. Opportunity to expand w/ 7 additional surrounding parcels almost 2 acres for an additional $199,000 must be included which owner will carry. Solar electricity. Desert Hot Springs is a growing community known for cannabis, mineral waters and panoramic views. Hotel is currently operating on target. This is an active hotel, do not disturb occupants

67840 9 Hacienda Avenue is a Residential Income property for sale. This Residential Income property is on Fee land and the current price is $795,000. This property has 1 bedrooms and 1.00 bathrooms and it was built in 1957. Desert Hot Springs (340) property has been listed on www.geoffreymoore.com for 46 days.

Essential Information
MLS® #18402930PS
Price$795,000
Bedrooms1
Bathrooms1.00
Acres0.00
Year Built1957
TypeResidential Income
StatusClosed
Community Information
Address67840 9 Hacienda Avenue
AreaDesert Hot Springs (340)
SubdivisionNot Applicable-1
CountyRiverside
StateCA
Zip Code92240
Amenities
Has PoolYes
Interior
AppliancesDishwasher, Refrigerator
HeatingForced Air, Zoned
# of Stories2
StoriesTwo
Additional Information
Date ListedNovember 1st, 2018
Days on Market46
Land TypeFee
Listing Details
AgentMeda Thompson(01936115)
Office

Berkshire Hathaway HomeServices California Properties

Property History
Status Changed from Pending to Closed
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract
Price Reduced from $849,000 to $795,000
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Based on information from California Regional Multiple Listing Service, Inc. as of April 5th, 2020 at 7:36pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.