FOR SALE1.72 ACRES
Listed by Mohsen Aghazadeh, Coldwell Banker Realty, (858) 459-3851
Local Information
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-- mins to
Commute Destination
Description
This extraordinary Hotel & Resort presents an unparalleled investment opportunity, has 31 licenses with 28 operating rooms in which the business benefits from a steady stream of travelers. Large 1.72 acre owned Fee Simple property on an extended lot is one of the largest available development lots in the City of Palm Springs. The hotel is located within 10 minutes to downtown with great potential for a conversion to a high ADR Boutique Hotel in addition to the already consistent revenue growth over the past several years. The hotel renovation has recently completed, fully renovated, permitted owners unit (Conversion of 5 rentable hotel rooms to a single owners residence) with separate private entrance and an approximately 500 sq.ft. operation managers unit. The permitted new roof with warranty, mini splits and water heaters have all been replaced within the last few years. All property tours must be arranged through the selling agent on Tuesdays or Wednesdays only. Please DO NOT CONTACT PROPERTY Owners OR EMPLOYEES! For more information and to sign the Confidentiality Agreement, please contact (949) 289 - 6900 or PurpleFilesRealEstate@gmail.com
Home Highlights
Parking
Garage
Outdoor
Pool
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
72 days ago
Home Details for 535 S Warm Sands Dr
Interior Features |
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Appliances & Utilities Laundry: Laundry Room |
Heating & Cooling No CoolingNo Heating |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Entry Location: 1 |
View No View |
Exterior Features |
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Exterior Home Features Has a Private Pool |
Parking & Garage Number of Garage Spaces: 31Number of Covered Spaces: 31Has a GarageParking Spaces: 31Parking: Garage |
Pool Pool: In GroundPool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 72 |
Property Information |
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Year Built Year Built: 1949 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not Attached Property |
Property Information Parcel Number: 508144023 |
Price & Status |
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Price List Price: $6,800,000 |
Active Status |
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MLS Status: Active |
Media |
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Location |
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Direction & Address City: Palm Springs |
Agent Information |
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Listing Agent Listing ID: NDP2400129 |
Building |
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Building Area Building Area: 5 |
Community |
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Community Features: SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs)No HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 1.72 Acres |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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No Rent Control |
Miscellaneous |
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Mls Number: NDP2400129Attribution Contact: PurpleFilesRealEstate@gmail.com |
Additional Information |
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Sidewalks |
Last check for updates: about 3 hours ago
Listing Provided by: Mohsen Aghazadeh DRE #01469990
Coldwell Banker Realty
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Source: CRMLS, MLS#NDP2400129
Price History for 535 S Warm Sands Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 02/14/2024 | $6,800,000 | PriceChange | CRMLS #NDP2400129 |
| 01/05/2024 | $7,800,000 | Listed For Sale | CRMLS #NDP2400129 |
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Comparable Sales for 535 S Warm Sands Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $1,400,000 | 12/29/23 | - | - | ||
0.28 | Multi-Family Home | $810,000 | 08/24/23 | - | - | ||
0.29 | Multi-Family Home | $825,000 | 09/18/23 | 4 | 3 | 1,700 | |
0.30 | Multi-Family Home | $679,000 | 12/15/23 | 2 | 2 | 1,150 | |
0.35 | Multi-Family Home | $685,000 | 02/20/24 | 4 | 2 | 1,528 | |
0.35 | Multi-Family Home | $600,000 | 02/14/24 | - | - | ||
0.86 | Multi-Family Home | $4,000,000 | 01/22/24 | 26 | 30 | 15,973 | |
0.89 | Multi-Family Home | $1,420,000 | 12/29/23 | 2 | 4 | 2,174 | |
1.04 | Multi-Family Home | $1,925,000 | 11/10/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Warm Sands
- Trulia User
- Prev. Resident
- 2y ago
"It located nicely in mid Palm Springs. Downtown is only minutes away. Easy highway access as well and mass transit is sufficient enough."
- Fjmatzie
- Resident
- 4y ago
"I’ve lived in the area now for 7 years and love how close to downtown and shopping . I have great neighbors that are very friendly and we look out for each other Love the area "
- Sunny M.
- Resident
- 4y ago
"Dog owners love this neighborhood. We see all sizes and breeds. I would say most of the dogs are smaller, but every now and then there’s a big dog. I never see a cat, though."
- Wilfred B.
- Resident
- 4y ago
"Asking too much money for pets and a lot of them does not accept pets and too many restrictions. I like that you can walk them in the creek"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mohsen Aghazadeh, Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
535 S Warm Sands Dr, Palm Springs, CA 92264 is a studio multi-family built in 1949. 535 S Warm Sands Dr is located in Warm Sands, Palm Springs. This property is currently available for sale and was listed by CRMLS on Jan 5, 2024. The MLS # for this home is MLS# NDP2400129.