350 E Palm Canyon Dr

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.

Essential Information

MLS® #19427444PS
List Price$4,750,000
Bedrooms30
Bathrooms30.00
Acres0.00
Year Built1960
TypeResidential Income
Sub-TypeApartment Building
StatusActive

Community Information

Address350 E Palm Canyon Dr
AreaPalm Springs South End (334)
SubdivisionTAHQUITZ RIVER ESTAT
CityPalm Springs
CountyRiverside
StateCA
Zip Code92264

Amenities

Parking Spaces30
ParkingParking Space
Has PoolYes
PoolIndoor Pool

Interior

AppliancesRefrigerator
HeatingWall Electric
# of Stories1

Cooling

Air Conditioning, Ceiling Fan(s)

Additional Information

Land TypeFee
Date ListedJanuary 28th, 2019
Days on Market26
ZoningR3
HOA Fees0.00

Listing Details

AgentMd Mclean(01843447)
OfficeMcLean Company Rentals

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Property Information

This property in Palm Springs with 30 bedrooms and 30 bathrooms is priced at $4,750,000 and located at 350 E Palm Canyon Dr.

Md Mclean(01843447), McLean Company Rentals.

Based on information from CARETS as of February 23rd, 2019 at 11:15am PST. 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 website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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350 E Palm Canyon Dr, Palm Springs, CA – $4,750,000