1610 S Via Entrada

    Palm Springs, CA 92264
    • $1,299,000
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: 19491838PS
    UPDATED: 77 min ago
    $1,299,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,976
      SQFT
    • $327
      $/SQFT
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Welcome to the Stardust Hotel & Resort. A Mid Century inspired 10 unit Desert Architecture property with Common area Living room/ Lobby/ Lounge area. Tucked away in a key location in sought after South Palm Springs Hotel District; offering privacy and serenity with nicely appointed rooms; many with dramatic mountain views. The Resort is well maintained and currently managed by a 3rd party. Stardust Boutique Hotel is very competitively priced in our dynamic real estate market. The $/ Door is below the comparable hotels sold. Herein lies an excellent value-add opportunity for the forward-looking investor. Continue to improve /remodel and capture this upside in continuing bringing the resort back to its original glory.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-11T20:29:16.15. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
    www.hometownnorthcounty.com/homes/97198599

    1610 S Via Entrada Palm Springs, CA 92264

    • Price: $1,299,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: 19491838PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,976
    SQFT
    $327
    $/SQFT
    1955
    Built
    Neighborhood:
    Tahquitz River Estat (7000)
    County:
    Riverside
    Area:
    334 - South End Palm Springs
    Property Description
    Welcome to the Stardust Hotel & Resort. A Mid Century inspired 10 unit Desert Architecture property with Common area Living room/ Lobby/ Lounge area. Tucked away in a key location in sought after South Palm Springs Hotel District; offering privacy and serenity with nicely appointed rooms; many with dramatic mountain views. The Resort is well maintained and currently managed by a 3rd party. Stardust Boutique Hotel is very competitively priced in our dynamic real estate market. The $/ Door is below the comparable hotels sold. Herein lies an excellent value-add opportunity for the forward-looking investor. Continue to improve /remodel and capture this upside in continuing bringing the resort back to its original glory.
    Exterior Features

    Entry Location Ground Level Lot Size Source Assessor Lot Size Units Square Feet Parking Features On SiteGuest Parking YN Yes Pool Features In GroundPrivate Pool Private YN Yes View Pool View YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Interior Features Balcony Levels Two

    Property Features

    Association Amenities ManagementOther Association YN Yes Gross Multiplier 8.21 Gross Operating Income 196793.00 Improvements Amount 785400 Land Lease YN No Land Value 173400 Net Operating Income 87006.00 Special Listing Conditions Standard Subdivision Name Other Deepwell (6310) Total Expenses 109787.00 Utilities Cable Available Zoning R3

    Listing provided courtesy of Michael Romberg of Coldwell Banker Residential Br and P. Tomov of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-11T20:29:16.15. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
     
    eXp Realty of California Inc.
    2603 Camino Ramon Suite 200
    San Ramon CA, 94583