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589 S Grenfall Rd

Palm Springs, CA 92264
  • $3,850,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 22-184517
UPDATED: 25 min ago
$3,850,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,500
    SQFT
  • $1,100
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Stunning furnished 8 room profitable Boutique Hotel in Central Palm Springs ready to buy & start booking income. All rooms with luxury appointments, travertine floors and stone tile showers, some with spa baths in room. Quality maintained and improved. Buy and run as a hotel, use as a compound with family/friends with optional available room income. Previously owned by the renowned late Mexican Singer, Juan Gabriel, as a compound for his tour performers. Turnkey operated on Internet basis, easily managed from your phone. Financials given to qualified potential buyers only. Buyers to agree to participate in a 1031 exchange at no cost to buyers. Tour by appointment only, please do not enter property without appointment.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-13T10:42:57.343. 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.
www.bradschmett.net/homes/131444703
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589 S Grenfall Rd Palm Springs, CA 92264

  • Price: $3,850,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 25 min ago
  • MLS #: 22-184517
0
Beds
0
Baths
0
½ Baths
0.26
Acres
3,500
SQFT
$1,100
$/SQFT
Neighborhood:
Warm Sands
County:
Riverside
Area:
Palm Springs South End
Property Description
Stunning furnished 8 room profitable Boutique Hotel in Central Palm Springs ready to buy & start booking income. All rooms with luxury appointments, travertine floors and stone tile showers, some with spa baths in room. Quality maintained and improved. Buy and run as a hotel, use as a compound with family/friends with optional available room income. Previously owned by the renowned late Mexican Singer, Juan Gabriel, as a compound for his tour performers. Turnkey operated on Internet basis, easily managed from your phone. Financials given to qualified potential buyers only. Buyers to agree to participate in a 1031 exchange at no cost to buyers. Tour by appointment only, please do not enter property without appointment.
Exterior Features

Cross Streets Parocela Direction Faces West Entry Location Main Level Levels Ground Level Lot Size Area 11326 Other Structures None Parking Garage Private Pool Description Heated And FilteredIn GroundGunite Pool YN Yes Roof Flat Spa GuniteHeated With GasIn Ground Spa YN Yes Tennis Court None Tennis YN No Total Parking 8 View Description Mountains View YN Yes

Interior Features

Baths Total 0.00 Common Walls Attached Cooling Air ConditioningCeiling Fan Equipment Ceiling FanDryerIce MakerElectric Dryer HookupCableGarbage DisposalMicrowaveRefrigeratorRange/Oven Flooring Travertine Foundation Details Slab Heating Natural Gas Laundry InsideLaundry AreaRoom Laundry Equipment Own Water Heater Features Instant Hot WaterTankless Windows Double Pane Windows

Property Features

Assessed Total Value 1755729 Entry Floor Number 1 Gross Income 0 Gross Operating Income 0 Land Lease Type Fee Like Units1 8 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 8 Property Condition Updated/Remodeled Sale Type Standard Sewer In Connected And Paid Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Hotel Suites Water District Water Heaters YN Yes Zoning R2

Listing provided courtesy of Paul Pedrazas DRE#01767560 of Homesmart.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-13T10:42:57.343. 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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Brad Schmett Real Estate Group
760-880-5845
La Quinta and Palm Springs CA,