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$2,500,000
Est. payment /mo
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Central Palm Springs
MLS Listing ID 219139497PS
HOA Y/N No
Year Built 1952
Lot Size 8,276 Sqft
Property Description
Exceptional investment opportunity to acquire The MOD, an 8 room modern boutique hotel completely remodeled in 2024 is located in the highly desirable Uptown Design District. This well-maintained property offers a unique blend of resort-style amenities and spacious, residential-style accommodations ideal for today's extended-stay, group-travel, and leisure markets.The property features an inviting outdoor pool and spa, ample guest lounging areas, and on-site parking. Guests enjoy walking proximity to restaurants, retail, and downtown attractions, providing strong year-round demand and excellent visibility along a key Palm Springs corridor.The MOD offers a versatile mix of units, including suites with full kitchens, furnished patios or balconies, separate dining areas, and in-unit workspaces.Property operations are streamlined with self-check-in technology, virtual management systems, and minimal staffing requirements, creating an efficient and scalable operational model. This asset is well-positioned for investors seeking stable income, value-add potential, or portfolio expansion within the Palm Springs hospitality market.Offering includes all existing improvements, furnishings and on-site amenities.
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplace No
Exterior
Parking Features Other
Pool Gas Heat, In Ground, Private, Tile
View Y/N Yes
View Mountain(s)
Total Parking Spaces 4
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Other
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 505184015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Adam Gilbert The Firm Brokerage
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