220 S Patencio Road, Palm Springs, CA 92262
$1,897,000
Property Type:
Residential Income
Bedrooms:
9
Baths:
9
Square Footage:
10,875
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$1,897,000
List Date:
6/01/2012
Last Modified:
5/14/2026
Description
STRONG/VERIFIABLE 8% CAP RATE!!! Award winning Inn in upscale downtown location. Eight beautiful (private) guest rooms surrounded by lush landscaping and stunning mountain views. Gorgeous pool and ninth guest suite option available. Walking distance to everything! Current sellers are long term owners. Rare opportunity! Confidentiality agreement required...
More Information MLS# 41454918
Listing, Location and Property Info
Entry Date: 2012-05-17
Land Type: Fee
Builders Tract Code: 5860
General Property Information
Total Units: 1
SqFt Source: Other
Price Per Unit: 0
Building # of Stories: 1
Pool: Yes
Paved: Yes
Total Bedrooms: 9
Total Baths: 9
Approx SqFt: 10875
Lot Acres: 0.26
Lot Size: 11427
Lot Size Source: Assessor
Year Built: 1900
Listing Info
Number of Buildings: 1
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Own
ADA Compliant: Yes
Tax Info
Tax Mello Roos: No
Property Info
View: Yes
Income & Expenses
Actual Total Rent $: 0
Annual Gross Rent $: 0
Garage Income $: 0
Gross Annual Income $: 0
Gross Income $: 1
Gross Operating Income $: 1
Gross Schedule Income $: 0
Gross Spendable Income $: 0
Laundry Income $: 0
Net Operating Income $: 1
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 $: 0
Other Expense $: 0
Pest Control $: 0
Pool Expense $: 0
Repair/Maintenance %: 0
Security Expense $: 0
Supplies $: 0
Total Annual Operating Expenses $: 1
Trash $: 0
Water Expense $: 0
Workers Compensation $: 0
Assessed Improved %: 0
Assessed Improvement $: 0
Assessed Total Value $: 0
Cap Rate %: 7.5
Personal Property Percent %: 0
Vacancy Allowance % or $: 10
Tax Rate %: 0
Tax Rate Year: 9307
Total Taxes $: 9307
Owner Pays
Electricity: 1
Gardener: 1
Gas: 1
Pool Service: 1
Water: 1
Community Features
Curbs: 1
Sidewalks: 1
Street Lighting: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Other: 1
Parking Spaces/Information
Total Covered Spaces: 0
Lot Description
Landscaped: 1
Lot Location
Near Public Transit: 1
View Type
City Lights: 1
Mountain(s): 1
Panoramic: 1
Pool: 1
Property Orientation Faces
Front Door Faces West: 1
Property Condition
Updated/Remodeled: 1
Disclosures
Property As Is: 1
Building Style
Ranch: 1
Levels
One: 1
Entry Location
Foyer: 1
Bedroom Features
All Bedrooms Down: 1
Foundation
Slab: 1
Flooring
Ceramic Tile: 1
Cooling Type
Air Conditioning: 1
Electric: 1
Pool Location
Private: 1
Pool Construction
Gunite: 1
In Ground: 1
Pool Description
Gunite: 1
Heated: 1
In Ground: 1
Private: 1
Heating
Other: 1
Heating Fuel
Electric: 1
TV Services
Cable TV: 1
Laundry
Electric Dryer Hookup: 1
Laundry Area: 1
Disability Access
Other: 1
Window Treatments
Drapes: 1
Patio Features
Brick - Tile: 1
Concrete Slab: 1
Sewer
In, Connected and Paid: 1
Water
Water District Name: Desert Water
Land Lease Type
Fee Simple: 1
Other: 1
Listing Location and Property Info
APN: 513133014
Status: Closed
Listing Date: 2012-05-17
Original List Price: 2995000
Sold Price: $1,897,000
Current Price: $1,897,000
Street #: 220
Street Direction: S
Street Name: Patencio
Street Suffix: Road
County: Riverside
State: CA
Zip Code: 92262
Area: 332 - Palm Springs Central
Neighborhood: Historic Tennis Club
Status Change Info
Status Change Date: 2015-03-20
Pending Date: 2014-11-19
Closed Date: 2015-03-20
Closed Price: 1897000
Parking SpacesInformation
Total Parking Spaces: 8
Property Features
Owner Pays: Electricity; Gardener; Gas; Pool Service; Water
Sale Type: Standard
Listing Terms: Cash; Conventional
Possession: Close Of Escrow; Other
Lot Description: Landscaped
Lot Location: Near Public Transit
View Type: City Lights; Mountain(s); Panoramic; Pool
Property Orientation Faces: Front Door Faces West
Property Condition: Updated/Remodeled
Disclosures: Property As Is
Community Features: Curbs; Sidewalks; Street Lighting
Building Style: Ranch
Levels: One
Entry Location: Foyer
Bedroom Features: All Bedrooms Down
Foundation: Slab
Flooring: Ceramic Tile
Cooling Type: Air Conditioning; Electric
Pool Location: Private
Pool Construction: Gunite; In Ground
Pool Description: Gunite; Heated; In Ground; Private
Heating: Other
Heating Fuel: Electric
TV Services: Cable TV
Laundry: Electric Dryer Hookup; Laundry Area
Disability Access: Other
Window Treatments: Drapes
Patio Features: Brick - Tile; Concrete Slab
Sewer: In, Connected and Paid
Land Lease Type: Fee Simple; Other
Listing Office:
Bennion Deville Homes
Listing Agent:
Joe W Woods
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
