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$5,000,000
27 Days On Site
435 E Avenida OlanchaPalm 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]
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Mortgage Calculator
Monthly Payment (Est.)
$22,812Calculator 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 ago | Price changed to $5,000,000 | |
2 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Listing 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
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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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