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1050 E Palm Canyon, Palm Springs, CA 92264

$2,800,000
Property Type: Residential Income Square Footage: 13,000 Lot Size (sq. ft.): 154,638 Status: Closed
Current Price: $2,800,000 List Date: 1/29/2003 Last Modified: 5/13/2026

Description

Immaculate 23 Suite Boutique hotel on 3.5 acres in exclusive South Palm Springs Area. Architect William Cody. Meticulously maintained landscaping. Large Potential owner's residence with private pool and entry. Total property Size is 3.55 acres. Suites (avg 400+/- s/f) feature kitchenettes & fireplaces. Solid repeat customers.

More Information MLS# 41149952

Listing, Location and Property Info

Entry Date: 2003-01-28 Builders Tract Code: Not in a Development

General Property Information

Total Units: 23 SqFt Source: Other Price Per Unit: 0 Approx SqFt: 13000 Lot Acres: 3.55 Lot Size: 154638 Lot Size Source: Assessor Year Built: 1955

Income & Expenses

Actual Total Rent $: 0 Annual Gross Rent $: 0 Garage Income $: 0 Gross Annual Income $: 600000 Gross Income $: 0 Gross Operating Income $: 600000 Gross Schedule Income $: 600000 Gross Spendable Income $: 169000 Laundry Income $: 0 Net Operating Income $: 300000 Other Income 1 $: 0 Other Income 2 $: 0 Advertising Expense $: 0 Cable TV $: 0 Electricity $: 0 Elevator Expense $: 0 Expense Management $: 0 Furniture $: 0 Gardener $: 0 Gas $: 0 Insurance $: 0 Licenses $: 0 Maintenance %: 0 Manager $: 0 Operating Expenses $: 300000 Other Expense $: 0 Pest Control $: 0 Pool Expense $: 0 Repair/Maintenance %: 0 Security Expense $: 0 Supplies $: 0 Total Annual Operating Expenses $: 600000 Trash $: 0 Water Expense $: 0 Workers Compensation $: 0 Assessed Improved %: 0 Assessed Improvement $: 0 Assessed Total Value $: 0 Cap Rate %: 10.7 Personal Property Percent %: 0 Tax Rate %: 0 Total Taxes $: 0

Listing Terms

Cash: 1

Possession

Close Of Escrow: 1

Parking Spaces/Information

Total Covered Spaces: 0

Levels

One: 1

Flooring

Carpet: 1

Cooling Type

Air Conditioning: 1

Pool Description

Heated: 1

Sewer

In, Connected and Paid: 1

Water

Water District: 1

Listing Location and Property Info

APN: 508432019 Status: Closed Listing Date: 2003-01-28 Original List Price: 3800000 Sold Price: $2,800,000 Current Price: $2,800,000 Street #: 1050 Street Direction: E Street Name: Palm Canyon County: Riverside State: CA Zip Code: 92264 Area: 334 - Palm Springs South End Neighborhood: Deepwell Estates

Status Change Info

Status Change Date: 2004-02-04 Pending Date: 2003-11-15 Closed Date: 2004-02-03 Closed Price: 2800000

Parking SpacesInformation

Total Parking Spaces: 6

Property Features

Listing Terms: Cash Possession: Close Of Escrow Levels: One Flooring: Carpet Cooling Type: Air Conditioning Pool Description: Heated Sewer: In, Connected and Paid Water: Water District
Listing Office: Sperry Van Ness
Listing Agent: Mike Kassinger
Last Updated: May - 13 - 2026
Information deemed reliable but not guaranteed.

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Hi, I'm Darlene Harwick and I provide real estate service to buyers and sellers in the Palm Springs area.

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