Description
Coast Group is pleased to present 500 West Racquet Club, a meticulously remodeled multifamily property consisting of three separate units with pool, courtyard, outdoor common areas with attractive, mature landscaping.Located in a highly desirable area just outside downtown Palm Springs, this property offers a unique opportunity to own a recently remodeled property with various potential uses. Currently owned and operated as a sober living facility, other possible uses include, but are not limited to, a family compound, personal residence, rooming house or short-term rental (subject to Palm Springs approval). 500 West Racquet Club is approximately 3,650 square feet, with the following breakdown: Unit one (1) is a 2-bedroom, 2-bath, Unit two (2) is a 2-bedroom, 2-bath, and Unit three (3) is a 5-bedroom, 2-bath. Unit 3 has been designed and finished as a potential owners suite complete with a butlers pantry, under counter beverage center and a master bedroom complete with a large walk-in closet and ensuite bath.The property underwent a full, down to the studs renovation in 2022 and the owner spared no expense. Custom finishes include:New tile floors and tile kitchen backsplashesNew kitchen and bath cabinets and countertopsNew kitchen and laundry appliancesNew plumbing, lighting and electrical fixturesNew interior and exterior doors and windowsNew exterior stuccoNew drywall and paintNew attic and wall insulationNew sewer line under the building and to the streetNew Fire-pit, Barbecue Center, and Misting SystemsThis property offers a lot of stability for any family, investor, sober living operator or a 1031 exchange opportunity. Ownership is open to discussing creative partnership or financing solutions, including a sale and lease back, or lease to own contract. Don't miss the opportunity to own this outstanding property with limitless potential!"
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School Ratings & Info
Description
Coast Group is pleased to present 500 West Racquet Club, a meticulously remodeled multifamily property consisting of three separate units with pool, courtyard, outdoor common areas with attractive, mature landscaping.Located in a highly desirable area just outside downtown Palm Springs, this property offers a unique opportunity to own a recently remodeled property with various potential uses. Currently owned and operated as a sober living facility, other possible uses include, but are not limited to, a family compound, personal residence, rooming house or short-term rental (subject to Palm Springs approval). 500 West Racquet Club is approximately 3,650 square feet, with the following breakdown: Unit one (1) is a 2-bedroom, 2-bath, Unit two (2) is a 2-bedroom, 2-bath, and Unit three (3) is a 5-bedroom, 2-bath. Unit 3 has been designed and finished as a potential owners suite complete with a butlers pantry, under counter beverage center and a master bedroom complete with a large walk-in closet and ensuite bath.The property underwent a full, down to the studs renovation in 2022 and the owner spared no expense. Custom finishes include:New tile floors and tile kitchen backsplashesNew kitchen and bath cabinets and countertopsNew kitchen and laundry appliancesNew plumbing, lighting and electrical fixturesNew interior and exterior doors and windowsNew exterior stuccoNew drywall and paintNew attic and wall insulationNew sewer line under the building and to the streetNew Fire-pit, Barbecue Center, and Misting SystemsThis property offers a lot of stability for any family, investor, sober living operator or a 1031 exchange opportunity. Ownership is open to discussing creative partnership or financing solutions, including a sale and lease back, or lease to own contract. Don't miss the opportunity to own this outstanding property with limitless potential!"
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T14:27:57.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.