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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
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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
507-030-005
Land Assessment
$612,000
Improvements Assessment
$2,040,000
Total Assessment
$2,652,000

zoning

Zoning Code R3
R3
  • Listing ID: 17481742

  • Date on Market: 10/17/2019

  • Last Updated:

  • Address: 1420 N Indian Canyon Dr, Palm Springs, CA 92262

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