For Sale
$1,499,000
Looking For Backup

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    Overview

    MLS # 219052955PS
    Listed on 11/12/2020
    Status Looking For Backup
    Price $1,499,000
    Type Multiplex
    Subtype Apartment Building
    Size of home 3,303 Sq ft
    Beds / Baths 6 / 5.00
    Size of lot 10,890 sq ft
    Neighborhood Sunrise Park
    Location address 1821 E Amado Road
    Palm Springs 92262

    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,

    General Information

    School District Palm Springs Unified
    Original List Price $1,499,000
    Price Per Sq/Ft $454
    Furnished No
    Land Type Fee
    Land Lease Expires N/A
    Pool Yes
    Spa No
    Year Built 1955
    View Mountains, Pool, Trees/Woods
    Flooring Cement
    Fireplace Yes
    Heating Type Forced Air
    Cooling Type Air Conditioning, Central
    Parking Spaces 10
    Parking Type On street, Side By Side, Unassigned

    Courtesy of: Leonardo Montenegro / Keller Williams Realty

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