312 E Camino Monte Vista, Palm Springs, CA 92262

$2,130,000
Property Type: Residential Income Bedrooms: 12 Baths: 12 Square Footage: 5,550 Status: Closed
Current Price: $2,130,000 List Date: 3/04/2023 Last Modified: 5/14/2026

Overview

Description

Apartment Complex or Fully licensed boutique hotel close to the Uptown District. This Property (previous Hotel) has been closed since 2019, but fully operational. Currently licensed as a 10 room boutique hotel , with 12 rooms. Two are adjoining connecting suites. This Fee simple property sits next to the successful Descanso Hotel and is priced well with unlimited potential depending on the new owners vision. Center court swimming pool, in ground Spa and Sauna / Steam room. Most units have kitchens or kitchenettes. Could potentially be used as a compound or multi unit apartment building subject to city zoning approval. The room count for the hotel license is 10 due to the 10 parking stalls on site. Same would apply to apartment use yet all 12 units have a private bath and kitchen / kitchenette. See the attached pro forma, which includes projections based on other similar properties, in its current condition and following new owner renovations. Additional attachment for projections if ...

Listing Details MLS# 219091670

General Property Information

Total Units
12
Total Bedrooms
12
Full Baths
12
Total Baths
12
Approx SqFt
5550
SqFt Source
Other
Fireplace
Yes
Building # of Stories
2
Total Fireplaces
Yes
Pool
Yes
Paved
Yes
Lot Size Source
Assessor
Year Built
1948
Cross Streets
E Camino Monte Vista, E Stevens Rd

Property Features

Owner Pays: Gardener; Gas; Pool Service; Trash Collection; Water Tenant Pays: Cable TV; Electricity Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Lot Description: Landscaped; Level; Single Lot; Street Public; Utilities - Overhead Lot Location: Corner Lot View Type: Mountain(s); Pool Other Structural Features: Balcony; Solar System Owned Property Condition: Repair Cosmetic Irrigation: Sprinkler System; Sprinkler Timer Disclosures: Property As Is Community Features: Curbs Building Style: Contemporary; Mid Century Levels: Two Entry Location: Ground Level - No Steps Unit Location: Ground Floor; Second Floor Kitchen Features: Ceramic Counters; Kitchenette; Tile Counters Exterior Construction: Stucco; Wood Foundation: Slab Flooring: Laminate; Tile Cooling Type: Air Conditioning; Ceiling Fan(s); Wall/Window Unit(s) Pool Location: Private Pool Construction: In Ground Pool Description: In Ground; Tile Spa Hot Tub Construction: In Ground Spa Hot Tub Description: Hot Tub; Private Heating: Wall Furnace Heating Fuel: Natural Gas; Solar Fireplace Location: Living Room Fireplace Features: Gas Rooms: Dining Area Interior Features: Recessed Lighting Laundry: Individual Room Volt 220 Location: In Kitchen; In Laundry Security Safety: Exterior Security Lights Roofing: Flat Patio Features: Awning(s); Balcony Sewer: In, Connected and Paid Water: Water District Parking: Side By Side Road Surface Type: Paved Contingent Upon: Appraisal; Inspection; Loan Approval Land Lease Type: Fee Simple

Listing Location and Property Info

APN
507030008
Original List Price
2395000
Property Sub-Type
Apartment
Street #
312
Street Direction
E
Street Name
Camino Monte
Street Suffix
Vista
County
Riverside
State
CA
Zip Code
92262
Area
332 - Palm Springs Central
Country
US

Listing Info

Number of Buildings
Yes
Water Heater
Yes
Laundry
Yes
Laundry Equipment
Own
Elevator
No
School District
Palm Springs Unified
Rent Control
No

Tax Info

Tax Mello Roos
Unknown

Property Info

Additional Parcel
No
Senior Community
No
Gated Community
No

More Information

Status Change Info

Status Change Date
2023-05-16
Pending Date
2023-04-17
Closed Date
2023-05-15
Closed Price
2130000

Counts

# Electric Meters
Yes
# Gas Meter
Yes
# Water Meters
Yes

Water

Water District Name
Desert Water Agency

Parking SpacesInformation

Total Parking Spaces
10
Listing Office: Realty Trust
Listing Agent: Scott Timberlake
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.