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$5,000,000
27 Days On Site

435 E Avenida Olancha
Palm Springs, CA 92264

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
4,500
SqFt
$1,111
/SqFt
1960
Built
Subdivision:
Tahquitz River Estates (33510)
County:
Riverside
Listed by Nerses Ananyan of Titus Realty, Inc. [email protected]
435 E Avenida Olancha435 E Avenida Olancha435 E Avenida Olancha435 E Avenida Olancha
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Monthly Payment (Est.)

$22,812
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

9-unit luxury boutique hotel located in an upscale residential area 1.5 miles from down town Palm Springs. After 10 years of successful operation owner is retiring. Currently the hotel is being run by employees with minimal owner interference. Completely updated. No deferred maintenance. No advertising. Minimal social media presence. Mostly referrals and return guests. One of the highest overall rated hotels in the country through all media platforms, including Google, Yelp, Expedia, Booking, TripAdvisor, etc. All the ratings are organic and travelers felt compelled to express their satisfaction without being asked for it. ***Offered at $4,400,000, *** SGI $556,500, ***NOI $297,437, ***CAP 6.76%.

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Listing Snapshot
Price 
$5,000,000
Days On Site 
27 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.39 Acres
Year Built 
1960
MLS® Number 
SR25023829
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $5,000,000
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.39
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
13
Number Of Stories 
1
Parking 
Carport
Parking Spaces 
26
Property Sub Type 
Mixed Use
Sewer 
Private Sewer
Special Circumstances 
Standard
SqFt Total 
4500
Stories 
One
Utilities 
Natural Gas AvailableNatural Gas ConnectedSewer ConnectedSee RemarksWater Connected
Water Source 
Public
Zoning 
R2
Interior Features
Fireplace 
Yes
Fireplace Features 
Family RoomKitchen
Flooring 
LaminateTile
Furnished 
Furnished
Heating 
Central
Interior 
Laminate CountersOpen FloorplanRecessed Lighting
Laundry Features 
Common AreaOutside
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Exterior Features
Other Structures 
Gazebo
Pool Features 
GuniteHeatedIn GroundPrivate
Private Pool 
Yes
Roof 
Shingle
Community Features
Building Access 
1
Community Features 
Sidewalks
Financing Terms Available 
Cash1031 Exchange
MLS Area 
334 - South End Palm Springs


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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