Desert Hot Springs, CA 92240,67840 HACIENDA AVE #9
Desert Hot Springs, CA 92240,67840 HACIENDA AVE #9
Desert Hot Springs, CA 92240,67840 HACIENDA AVE #9
Desert Hot Springs, CA 92240,67840 HACIENDA AVE #9
Desert Hot Springs, CA 92240,67840 HACIENDA AVE #9
Desert Hot Springs, CA 92240,67840 HACIENDA AVE #9
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$700,000

$795,000

11.9%
Est.Price: ?

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Est. payment /mo

1.36 Acres Lot


SOLD DATE : 05/31/2019

Key Details

Sold Price $700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 18402930PS

Sold Date 05/31/19

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1957

Lot Size 1.360 Acres

Property Description

Cannabis friendly hotel with Mineral Hot Water pools and an excellent Investor Opportunity to own a mid-century modern hotel recently featured on Forbes, LA Times and more. Known for the scandal and opportunity for clientele to legally consume marijuana during their stay. Clients also may soak in the sparkling hot all-natural healing mineral waters in pool and spa which pipes in at 140 degrees direct from the aquifer and is odorless. Enjoy panoramic views in this remodeled mid-century modern rooms with concrete floors, kitchenette suites and so much more. Hotel currently features 6 operating rooms with potential of converting up to 9 suites. Opportunity to expand w/ 7 additional surrounding parcels almost 2 acres for an additional $199,000 must be included which owner will carry. Solar electricity. Desert Hot Springs is a growing community known for cannabis, mineral waters and panoramic views. Hotel is currently operating on target. This is an active hotel, do not disturb occupants

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Heating Forced Air, Zoned

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Garage Guest, On Street, Unassigned

Pool Electric Heat

View Y/N Yes

View City Lights, Desert, Panoramic

Total Parking Spaces 7

Private Pool Yes

Building

Lot Description Corner Lot, Near Public Transit

Story 2

Entry Level Two

Water Other, Private, Well

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 642142012

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Meda Thompson • Berkshire Hathaway HomeServices California Properties
Bought with Subscriber Non • Non-Participant Office
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