1821 E Amado Road

    Palm Springs, CA 92262
    • $1,475,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: 18360944PS
    UPDATED: 91 min ago
    $1,475,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,303
      SQFT
    • $447
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Rare, signature mid-century modern property just received 6 unit hotel conversion permit! Known as "The Amado", this property has been run as a very successful, permitted vacation rental boutique accommodation for approximately 4 years. Extensive built in clientele and phenomenal publicity, which has included a cover story in Sunset Magazine, as well as pieces in Architectural Digest, Wallpaper Magazine, Travel & Leisure, Vogue, Elle, GOOP and others. Celebrity/musician guests and a loyal Coachella following. Owner retained the services of the famous hotel designer Chris Pardo Design/Elemental Architecture (Arrive Hotel) team many months ago. New owner to complete changes, including creating a 6th unit from current 2 bedroom unit, as well as city req'd health/safety upgrades. Rare to find such solid branding and publicity already in place! Once finished, run as a successful mid century modern hotel accommodation. This is a great opportunity!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T00:30:49.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85393669

    1821 E Amado Road Palm Springs, CA 92262

    • Price: $1,475,000
    • Status: Active
    • Updated: 91 min ago
    • ID#: 18360944PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,303
    SQFT
    $447
    $/SQFT
    1955
    Built
    Neighborhood:
    Sunrise Park (5830)
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    Rare, signature mid-century modern property just received 6 unit hotel conversion permit! Known as "The Amado", this property has been run as a very successful, permitted vacation rental boutique accommodation for approximately 4 years. Extensive built in clientele and phenomenal publicity, which has included a cover story in Sunset Magazine, as well as pieces in Architectural Digest, Wallpaper Magazine, Travel & Leisure, Vogue, Elle, GOOP and others. Celebrity/musician guests and a loyal Coachella following. Owner retained the services of the famous hotel designer Chris Pardo Design/Elemental Architecture (Arrive Hotel) team many months ago. New owner to complete changes, including creating a 6th unit from current 2 bedroom unit, as well as city req'd health/safety upgrades. Rare to find such solid branding and publicity already in place! Once finished, run as a successful mid century modern hotel accommodation. This is a great opportunity!
    Exterior Features

    Construction Materials Stucco Entry Location Ground Level No StepsGround Level Foundation Details Slab Garage Spaces 0.00 Lot Features Corner Lot Lot Size Source See Remarks Lot Size Units Square Feet Parking Features UncoveredSide By Side Parking Total 0.00 Parking YN Yes Pool Features In GroundHeated With Gas Pool Private YN Yes Roof Foam View PoolMountain View YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling Dual Cooling YN Yes Laundry Features CommunitySee Remarks Levels One

    Property Features

    Association Amenities Other Association YN Yes Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 350140 Land Lease YN No Land Value 84881 Laundry YN Yes Net Operating Income 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Units Leased 0 Property Condition Updated/Remodeled Special Listing Conditions Standard Subdivision Name Other Sunrise Park (5830) Total Expenses 0.00 Zoning R2

    Listing provided courtesy of Brian Wilson of Bennion Deville Homes.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T00:30:49.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094