1600 E Palm Canyon Drive, Palm Springs, CA 92264
$3,000,000
Property Type:
Commercial Sale
Square Footage:
6,670
Lot Size (sq. ft.):
20,038
Status:
Closed
Current Price:
$3,000,000
List Date:
10/22/2019
Last Modified:
5/14/2026
Description
Hotel is located in the South end of Palm Springs in the very desirable Deepwell Neighborhood. This Mediterranean style Boutique Hotel is centered by a spacious 40 ft. pool, 10 person spa, guest BBQ and dining counter, coffee bar, outdoor kitchen and fireplace. Currently operated as 13 guest Rooms, property tax and city records indicate the Hotel can be operated as sixteen (16) rooms. There are 16 bathrooms and 16 off street parking spaces to support this. In addition to the 13 Guest Rooms, there is a 2 Bedroom, 2 Bathroom owners/resident managers unit with a full kitchen and private patio that can be easily modified to become two separate rooms. The reception/office can be converted back to another unit. Hotel is well located within walking distance of Smoketree Commons and Smoketree Shopping Center with multiple retail stores and dining options. Purchase price includes furniture, fixtures and equipment (FF&E) plus the Reservation database. Fully operational and well maintained & licensed Hotel. Rooms have individual forced air a/c units. Laundry & Storage room located on site. Updated central electrical system and natural gas service. Fenced & gated resort.
More Information MLS# 219032267
Listing, Location and Property Info
Entry Date: 2019-10-22
Listing Info
Accounting Type: Actual
Ownership Type: Corporation
Property Info
Entry Floor Number: 1
Building # of Stories: 2
# Units: 13
Business Name: La Maison Hotel
# Buildings: 1
Building Status: Existing
Owner Pays
A/C: 1
Electric: 1
Gas/Heat: 1
Insurance: 1
Janitor: 1
Phone: 1
Sewer: 1
Taxes: 1
Water: 1
Business Type
Hospitality: 1
Expenses
Expense Year: 2018
Annual Advertising Expense: 10746
Legal Accounting: 913
Total Expenses: 254542
Annual Electric Expense: 15998
Annual Insurance Expense: 7878
Annual Maintenance Expense: 18020
Annual Operating Expense: 254542
Annual Professional Management Expense: 7678
Annual Supplies Expense: 2492
Annual Trash Expense: 660
Annual Water/Sewer Expense: 2336
Income
Effective Gross: 523527
Net Operating: 268985
Utilities
220V in Laundry: 1
Cable TV: 1
Electricity Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Underground Utilities: 1
Water Meter on Property: 1
See Remarks: 1
Sale Type
Standard: 1
Business Info
Cooling: Yes
Heating: Yes
Current Use: Hotel
Financing Available: Yes
Investment Property: Yes
Laundry Equipment: Yes
Sale or Lease: Sale
Vacancy Allowance Type: %
Cap Rate: 7.7
Listing Terms
Cash: 1
Conventional: 1
Standard Sale: 1
Financing
Cash: 1
Conventional: 1
Showing Access
Appointment w/List Office: 1
Do Not Contact Occupant: 1
List Agent Accompanies: 1
Lot Features
Corner Lot: 1
Landscaped: 1
Level with Street: 1
Lot 20000-39999 SqFt: 1
Lot Level/Flat: 1
Sprinkler System: 1
Sprinklers Timer: 1
Asset Class
Hotel/Motel: 1
Disclosures
None: 1
Land Use
Other: 1
Survey
Buyer Pays: 1
Exterior Construction
Stucco: 1
Wood: 1
Heating
Forced Air: 1
Laundry
Own: 1
Room: 1
Security Safety
Gated Community: 1
Smoke Detector: 1
Roofing
Clay Tile: 1
Tile: 1
Water
Meter on Property: 1
Water District Name: Desert Water Agency
Electric
Standard: 1
Contingent Upon
Inspection: 1
Listing Location and Property Info
APN: 508454011
Status: Closed
Listing Date: 2019-10-22
Original List Price: 3500000
Sold Price: $3,000,000
Current Price: $3,000,000
Property Sub-Type: Combo - Res & Com
Street #: 1600
Street Direction: E
Street Name: Palm Canyon
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Country: US
General Property Information
Approx SqFt: 6670
SqFt Source: Other
Lot Size: 20038
Lot Acres: 0.46
Lot Size Source: Assessor
Year Built: 1953
Cross Streets: S Calle Marcus & E Palm Canyon
Status Change Info
Status Change Date: 2020-08-15
Pending Date: 2020-08-07
Closed Date: 2020-08-14
Closed Price: 3000000
Parking SpacesInformation
Total Uncovered/Assigned Spaces: 16
Total Parking Spaces: 16
Property Features
Business Type: Hospitality
Sale Type: Standard
Financing: Cash; Conventional
Listing Terms: Cash; Conventional; Standard Sale
Showing Access: Appointment w/List Office; Do Not Contact Occupant; List Agent Accompanies
Owner Pays: A/C; Electric; Gas/Heat; Insurance; Janitor; Phone; Sewer; Taxes; Water
Lot Features: Corner Lot; Landscaped; Level with Street; Lot 20000-39999 SqFt; Lot Level/Flat; Sprinkler System; Sprinklers Timer
Asset Class: Hotel/Motel
Land Use: Other
Survey: Buyer Pays
Exterior Construction: Stucco; Wood
Heating: Forced Air
Laundry: Own; Room
Security Safety: Gated Community; Smoke Detector
Roofing: Clay Tile; Tile
Water: Meter on Property
Utilities: 220V in Laundry; Cable TV; Electricity Available; Electricity Connected; Natural Gas Available; Underground Utilities; Water Meter on Property; See Remarks
Electric: Standard
Contingent Upon: Inspection
Disclosures: None
Listing Office:
Realty Trust
Listing Agent:
Scott Timberlake
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.