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11220 Palm Dr Desert Hot Springs, CA 92240
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Key Details
Sold Price $1,885,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $188
Subdivision Vista Palms
MLS Listing ID 21-700424
Bedrooms 21
Year Built 1966
Lot Size 0.393 Acres
Property Description
2 Townhouse style front unit/owner unit, 2 Bed 1.5 Bath, one of the two has a a balcony and view, as well as a suite on the far side. 90%-100% occupied at any given time. Boutique hotel, motel and spa, 19 units with kitchenet. Desert Hot Springs, great location, adjacent to Palm Desert and Palm Springs. Appraised over a year ago for $2.450,00.00 . Price per rooms are average $349.00 per week, (lowest in the area). Used to be an apartment structure, every unit is equipped with separate meters. This property has huge upside potential. With $390,000 down owner will carry balance. Please do not disturb the Manager
Location
State CA
County Riverside
Area Desert Hot Springs
Zoning LC
Rooms
Other Rooms None
Dining Room 0
Kitchen Kitchenette
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Carpet, Laminate
Fireplaces Type None
Equipment Cable, Ceiling Fan
Laundry Community
Exterior
Parking Features Driveway, Parking Space
Garage Spaces 15.0
Pool Fenced, Filtered, Tile
Roof Type Flat
Building
Lot Description Corners Established
Story 2
Foundation Slab
Structure Type Stucco
Others
Special Listing Condition Standard
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Bought with South State Real Estate Manage