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  • Closed
  • Apartment
  • 12 Full Baths
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Apartment Complex or Fully licensed boutique hotel close to the Uptown District. This Property (previous Hotel) has been closed since 2019, but fully operational. Currently licensed as a 10 room boutique hotel , with 12 rooms. Two are adjoining connecting suites. This Fee simple property sits next to the successful Descanso Hotel and is priced well with unlimited potential depending on the new owners vision. Center court swimming pool, in ground Spa and Sauna / Steam room. Most units have kitchens or kitchenettes. Could potentially be used as a compound or multi unit apartment building subject to city zoning approval. The room count for the hotel license is 10 due to the 10 parking stalls on site. Same would apply to apartment use yet all 12 units have a private bath and kitchen / kitchenette. See the attached pro forma, which includes projections based on other similar properties, in its current condition and following new owner renovations. Additional attachment for projections if operated as an Apartment building. Site plan / Room layout in Documents, as well. Alarms on property, do not go direct. Shown by appointment only please contact listing agent. Full solar, paid for no solar lease. The city of Palm Springs has a TOT Hotel rebate program over the next 10 years that could be a substantial savings estimated at $50,000 per year or more if qualified.

Full Property Details for 312 Camino Monte Vista

General

  • Status: Closed
  • Type: Apartment
  • Source: Desert_Area_Palm_Springs
  • MLS ID: 219091670
  • Added to Site: 1, 086 day(s) ago

Interior

  • Number of Fireplaces: 2
  • Fireplace(s): Living Room, Gas
  • Flooring: Laminate, Tile
  • 220 Volt Locations: In Kitchen, In Laundry

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 12

Other Rooms

  • Kitchen: Ceramic Counters, Kitchenette, Tile Counters
  • Laundry: Own

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Tile, In Ground, Tile, Private
  • Spa Description: In Ground, Hot Tub, Private
  • Security/Safety: Exterior Security Lights

Exterior

  • Deck/Patio: Awning(s), Balcony

Parking

  • Total Spaces: 10

Location

  • Area: 332 - Palm Springs Central
  • County: Riverside
  • Subdivision: Central Palm Springs
  • Cross Streets: E Camino Monte Vista, E Stevens Rd

School Information

  • School District: Palm Springs Unified

Heating & Cooling

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: In, Connected and Paid
  • Water District: Desert Water Agency
  • Water: Water District

Structural Information

  • Architectural Style: Contemporary, Mid Century
  • Exterior Const.: Stucco, Wood
  • Foundation: Slab
  • Sub-Flooring: Laminate, Tile
  • Entry Location: Ground Level - No Steps
  • Year Built: 1948
  • Year Built Source: Assessor
  • Property Condition: Cosmetic Repair
  • Other Struct. Feat.: Balcony, Solar System Owned

Unit Information

  • Unit Location: Ground Floor, Second Floor

Lot Features

  • Property View: Yes
  • Lot Size Source: Assessor
  • Irrigation System: Sprinkler System, Sprinkler Timer
  • Lot Features: Curbs, Landscaped, Level, Single Lot, Street Paved, Street Public, Utilities - Overhead
  • Lot Description: Curbs, Landscaped, Level, Single Lot, Paved Street, Public Street, Utilities - Overhead

Financial Considerations

  • Terms: Cash, Cash to New Loan, Conventional
  • Owner Pays: Gardener, Gas, Pool Service, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • APN: 507030008

Listed and Sold by Realty Trust, Scott Timberlake

Listing agent

— 312 Camino Monte Vista —

  • Scott Timberlake

    Realty Trust

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 312 Camino Monte Vista

School District:Palm Springs Unified School District
NameGradesDistance
Katherine Finchy Elementary School
777 East Tachevah Drive, Palm Springs, CA 92262
K-50.5 mi
Raymond Cree Middle School
1011 East Vista Chino, Palm Springs, CA 92262
6-80.5 mi
Palm Springs High School
2401 East Baristo Road, Palm Springs, CA 92262
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312 Camino Monte Vista

Date
Details
Price
Change
Source
3/04/2023
Sold
$2,395,000
—
MLS
3/04/2023
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Realty Trust, Scott Timberlake

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312 Camino Monte Vista, Palm Springs, CA 92262 (MLS# 219091670) is a Apartment property that was sold on March 04, 2023. Want to learn more about 312 Camino Monte Vista? Do you have questions about finding other Apartment real estate for sale in Greater Palm Springs Area? You can browse all Greater Palm Springs Area real estate or contact a Coldwell Banker agent to request more information.