601 ARENAS Road $3,300,000

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    601 ARENAS Road Palm Springs, CA 92262

    • 14 Beds
    • 14.5 Baths
    • MultiFamily
    MLS# 18348888PS
    SOLD 5/24/2019

    $3,300,000

    Days On Market: 30 0 Views
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    Property Details

    Designed by Herbert Burns, this beautifully maintained Mid-Century Modern resort in the Historic Tennis Club neighborhood is all about location and views. There are 14 individualized rooms from a standard studio to a two bedroom apartment with a separate entrance and cozy fireplace. Many with small, full kitchens and private patios. Rooms overlook the pool with fabulous views from each. Another rare attribute of this hotel is off-street parking for guests- hard to come by in this neighborhood. Additional amenities include a front office/reception area, guest pantry for coffee and snacks, on-site laundry, two gas grills, ice machine, and bikes for guests to use. Perfect location-walk two blocks to the heart of town. This property is currently a fully functioning boutique hotel with a long term, loyal clientele. Appointment only. Do not enter property without Listing Agent.

    • General Features
      • Net Operating Income 0.00
      • Year Built 1957
      • County Riverside
      • Area Palm Springs Central (332)
      • Total Units in Complex 14
      • Special Conditions Standard Sale
      • Senior Community No
      • Adjusted Gross Income 0.00
      • Total Annual Expense 0.00
      • Gross Operating Imcome 0.00
    • Building Features
      • Building Structure Style Mid Century
      • Entry Location Ground Level - no steps
      • Cooling Type Central A/C
      • Heating Type Central Furnace
      • Laundry Locations Laundry Area
      • Appliances Freezer, Ice Maker, Refrigerator
      • Cooking Appliances Built-In BBQ, Microwave, Range
    • Room Features
      • Unit 1 Bedrooms 14
      • Unit 1 Bathrooms 14.0
    • Property Features
      • ParkingSpacesTotal 14
      • Lot Size Sq Ft 23,958
      • View Mountain View
      • Parking Type Parking for Guests - Onsite
      • Pool Descriptions Heated
      • Tv Services Cable TV

    Neighborhood

    92262 (Palm Springs) Demographics

    51Median Age
    751Population Density (per sq. mile)
    41%College Educated
    $46,162 Estimated Median Income
    7,233Estimated Total Home Owners
    5,628Estimated Total Renters
    56% / 44%Estimated Owner / Renter Divide
    5Estimated Average Household Size
    27,561Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $472,500 Median Sales Price
    168 Homes Sold
    194 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $3,795,000 15%
        5/24/2019 12:00:00 AM Sold Source New Value: $3,300,000 -9.59%
        4/27/2019 12:46:18 PM Status Changed Source New Value: Pending
        4/27/2019 12:45:34 PM Status Changed Source New Value: Pending
        1/24/2019 2:46:35 PM Status Changed Source New Value: Active Under Contract
        1/24/2019 2:45:47 PM Status Changed Source New Value: Active Under Contract
        1/17/2019 4:16:45 PM Price Reduced Source New Value: $3,650,000
        1/17/2019 4:16:20 PM Price Reduced Source New Value: $3,650,000
        1/11/2019 10:15:28 AM Status Changed Source New Value: Active
        1/11/2019 10:14:43 AM Status Changed Source New Value: Active

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