711 South Riverside Drive, Palm Springs, CA 92264

$2,295,000 Approx. USD 0 beds, 0 baths

Agent Remarks

Zoned R3 & currently in process of hotel conversion. The Wesley Palm Springs is meticulously maintained w/ modern updates while adhering to it's Mid Century aesthetic. The grounds include a lush desert landscape, cabana sitting areas, pool, spa, outdoor living room & fire dining table, outdoor kitchen, & laundry facilities. Centrally located in a private/serene environment within walking or biking distance of all the best Palm Springs restaurants & shopping. The Wesley is carefully curated for the ideal Palm Springs guest experience & features resort class amenities for the modern savvy traveler. Made up of 10 flats ranging from deluxe studios to 2 bd, 2 bath, all flats feature private & lush garden patios to take in your morning ritual or to escape the late day warmth, cocktail in hand. Individual private patios w/ gas grills allow guests to enjoy outdoor dining at it's best. Cap rate of over 10% in it's first year with significant growth potential.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 16-143668
List price is $2,295,000
Beds: 0
Baths: 0
Built in 1955
County: Riverside
Zoning: R3
Parking type: Other
Interior features: Other
Heating description: Forced Air
MLS area: Palm Springs South End (334)

Last Updated: 8/16/2016

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This listing belongs to the Palm Springs South End (334) MLS area

The listing is zoned R3.
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Lat/Long: 33.809944, -116.541000.
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Broker: Courtesy of Coldwell Banker Residential Brokerage
Listing Agent: Valerie Fitzgerald

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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