$1,650,000
$1,499,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
3,303 SqFt
SOLD DATE : 04/30/2021
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,303 sqft
Price per Sqft $499
Subdivision Sunrise Park
MLS Listing ID 219052955
Sold Date 04/30/21
Style Mid Century
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1955
Lot Size 10,890 Sqft
Property Description
A stunning and fine example of 1955 mid-century modern architecture, THE AMADO is centrally located in the famous Sunrise Park, a Mid-Century neighborhood w/ buildings by Cody, Frey, Krisel, Meiselman. This celebrated boutique accommodation has been extensively renovated and is at the top of discerning sophisticated traveler's lists around the globe as a must-see destination. Beautiful architecture, minimalist design aesthetic, spacious suites, private courtyard, boasting a sparkling pool, views of the San Jacinto Mtns. Established turn-key successful business w/ consistent positive cash flow, this trendy 5-unit (four 1BD units, one 2BD unit) has a repeat clientele + tremendous upside potential. The current use is as a furnished monthly vacation rental property, w/ over 700 5-star reviews on Airbnb, listings w/ Plum Guide + invitations to Airbnb Plus and Stay One Degree. Uses are infinite: a private family compound; a compound for 5-6 friends to retire together; or a possible hotel-conversion or condo-conversion (both to subject to city approval as per Seller). Revenue streams include vacation rental, commercial photo shoots, special events, etc. It has been featured at Architectural Digest, Forbes, Travel & Leisure, Dwell, Wallpaper, more. Near everything: the downtown, design district, restaurants, shopping, swim center, tennis, golf, walking, biking, hiking trails, casino, parks. You OWN the land.
Location
State CA
County Riverside
Area 332 - Palm Springs Central
Interior
Heating Forced Air
Cooling Air Conditioning, Central Air
Fireplaces Number 1
Fireplaces Type Fire Pit, Free Standing, Living Room
Fireplace true
Exterior
Pool Community, In Ground
View Y/N true
View Mountain(s), Pool, Trees/Woods
Private Pool Yes
Building
Lot Description Corner Lot
Story 1
Entry Level Ground,Ground Level, No Unit Above
Sewer In, Connected and Paid
Architectural Style Mid Century
Level or Stories Ground, Ground Level, No Unit Above
Schools
High Schools Palm Springs
School District Palm Springs Unified
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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