280 E Mel Avenue, Palm Springs, CA 92262 (MLS# 21429732)

280 E Mel Avenue, Palm Springs, CA 92262

$1,001,000
Property Type: Residential Income Bedrooms: 14 Baths: 15 Square Footage: 5,000 Lot Size (sq. ft.): 20,909 Status: Closed
Current Price: $1,001,000 List Date: 6/03/2011 Last Modified: 1/13/2025

Overview

Description

Significant price reduction! Spectacular resort located in Central Palm Springs. Fully enclosed and private with a charming Hacienda style. Great emphasis on comfortable and well appointed rooms surrounded by green,lush and inviting grounds. A huge lap pool is the centerpiece of the Courtyard. Nearby is a 20 person hot tub and recreational areas with a variety of lounging possibilities and breakfast bar with outdoor kitchen. Stable and appreciative repeat clientele from all over the World. Currently operating with 11 units & a 2 BR/2BA owners suite used as recreational rooms. The owners suite could be converted back to two separate units with private bathrooms.

Listing Details MLS# 21429732

General Property Information

Total Units
12
Total Bedrooms
14
Full Baths
2
3/4 Baths
12
Half Baths
Yes
Total Baths
15
Approx SqFt
5000
SqFt Source
Other
Price Per Unit
90416
Fireplace
No
Pool
Yes
Lot Acres
0.48
Lot Size Source
Assessor
Year Built
1955
Cross Streets
N. Indian Canyon Dr.

Property Features

Owner Pays: Electricity; Gardener; Gas; Pool Service; Water Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Owner May Carry Possession: Close Of Escrow Property Condition: Additions/Alterations Disclosures: Property As Is Building Style: Hacienda Levels: One Foundation: Slab Cooling Type: Central Air Pool Location: Private Pool Construction: In Ground Pool Description: Heated; Lap Spa Hot Tub Construction: In Ground Spa Hot Tub Description: Heated - Gas Heating: Forced Air Heating Fuel: Natural Gas Disability Access: Other Roofing: Tile Sewer: In, Connected and Paid Water: Water District Water Heater Feature: Gas

Listing Location and Property Info

APN
507061011
Original List Price
1245000
Street #
280
Street Direction
E
Street Name
Mel
Street Suffix
Avenue
County
Riverside
State
CA
Zip Code
92262
Area
332 - Palm Springs Central

Listing Info

Exclusions of Sale
Owners private & personal belongings.Owners private & personal belongings.
Water Heater
Yes
Laundry Equipment
Own
Elevator
No
ADA Compliant
Yes

Tax Info

Tax Mello Roos
Unknown

Property Info

View
No

More Information

Status Change Info

Status Change Date
2012-07-31
Pending Date
2012-07-13
Closed Date
2012-07-30
Closed Price
1001000

Water

Water District Name
Desert Water Agency
Water District
Yes

Listing, Location and Property Info

Entry Date
2011-06-03
Builders Tract Code
NA-332

Income & Expenses

Gross Annual Income $
223740
Monthly Gross Income $
18645
Net Operating Income $
123189
Cap Rate %
9

Owner Pays

Electricity
Yes
Gardener
Yes
Gas
Yes
Pool Service
Yes
Water
Yes

Sale Type

Standard
Yes

Listing Terms

Cash
Yes
Cash to New Loan
Yes
Owner May Carry
Yes

Possession

Close Of Escrow
Yes

Property Condition

Additions/Alterations
Yes

Disclosures

Property As Is
Yes

Building Style

Hacienda
Yes

Levels

One
Yes

Foundation

Slab
Yes

Cooling Type

Central Air
Yes

Pool Location

Private
Yes

Pool Construction

In Ground
Yes

Pool Description

Heated
Yes
Lap
Yes

Spa Hot Tub Construction

In Ground
Yes

Spa Hot Tub Description

Heated - Gas
Yes

Heating

Forced Air
Yes

Heating Fuel

Natural Gas
Yes

Disability Access

Other
Yes

Roofing

Tile
Yes

Sewer

In, Connected and Paid
Yes

Water Heater Feature

Gas
Yes
Listing Office: Coldwell Banker Realty
Listing Agent: Michael R Romberg
Last Updated: January - 13 - 2025
Information deemed reliable but not guaranteed.

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