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1420 N Indian Canyon Dr
Palm Springs, CA 92262
Rendezvous Bed & Breakfast Palm Springs · Hospitality Property For Sale · 5,700 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 1 |
Property Subtype | Hotel | Year Built/Renovated | 1935/1999 |
Building Class | B | Parking Ratio | 1/1,000 SF |
Lot Size | 0.39 AC | Corridor | Interior |
Building Size | 5,700 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 0.39 AC |
Building Size | 5,700 SF |
No. Stories | 1 |
Year Built/Renovated | 1935/1999 |
Parking Ratio | 1/1,000 SF |
Corridor | Interior |
Amenities
- Pool
- Spa
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Bed & Breakfast
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 1420 N Indian Canyon Dr , Palm Springs, CA 92262
Welcome to Rendezvous Palm Springs Bed & Breakfast Hotel located in the Movie Colony neighborhood of downtown Palm Springs! This unique 1950's style property has been remodeled as an upscale 10 room boutique property (could easily be converted to 12 rooms). Much attention to detail was spent in creating 50's themed rooms: Marilyn, Elvis, Rat Pack, James Dean - many with custom tiled two-person whirlpool tubs and showers. There is a lounge area with gas fireplace & a dining room for breakfasts, appetizers or afternoon martinis and a separate Manager's apartment. All rooms are poolside offering king size beds, cable TV, kitchenettes, mini fridges & wireless Hi-Speed internet access & open to a private courtyard with private pool, spa, fire pit & gorgeous mountain views. A Massage Studio is also available. The architecture is typical of Palm Springs, complete with a Bermuda style roof, redone in 2017, around the quadrangle courtyard. Established in 1938, the hotel was a relaxing hideaway to such notable guests as Marilyn Monroe, Gloria Swanson & Hugh O'Brien. A newly completed commercial kitchen augments the dining area. This is a truly rare structural & investment opportunity. This property is currently operating with an absentee owner and managed by onsite staff. This property offers excellent value and is priced competitively with other downtown hospitality properties. A new owner, a forward thinking investor, can take this property to the next level with a major opportunity to capitalize on the upside. Please note: An Offering Memorandum and Financial Statements are available for 2016, 2017, 2018 and 2019 through September. Buyers are required to receive and review the Financial Statements prior to requesting a viewing of the property. Showings are scheduled on Wednesdays only, when the greatest number of rooms are vacant for viewing. Showings may not be possible during Holiday weeks. PLEASE, DO NOT go direct and disturb guests or staff. Buyers are required to have received the Financial Statements and to have viewed the property prior to making an offer. Please contact the listing agent, or have your agent contact the listing agent for details and any questions. Agents, please contact the listing agent prior to writing and submitting an offer. Thank you. PLEASE, DO NOT go direct and disturb guests or staff. Thank you.
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PROPERTY TAXES
Parcel Number | 507-030-005 | Improvements Assessment | $2,040,000 |
Land Assessment | $612,000 | Total Assessment | $2,652,000 |
PROPERTY TAXES
zoning
Zoning Code | R3 |
R3 |
Learn More About Investing in Hospitality Properties
Listing ID: 17481742
Date on Market: 10/17/2019
Last Updated:
Address: 1420 N Indian Canyon Dr, Palm Springs, CA 92262
The Hospitality Property at 1420 N Indian Canyon Dr, Palm Springs, CA 92262 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.