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486 E Mel Ave
Palm Springs, CA 92262 Uptown Palm Springs

$4,300,000 USD

Hotel For Sale  •  10,227 SF

Property Details

  • Property Type Hotel
  • Total Building Size 10,227 SF
  • Lot Size 0.72 AC
  • Building Class C
  • Year Built 1950
  • Zoning R2
34 Transit Score
54 Walk Score

Highlights

Prime Palm Springs Location: Adjacent to Desert Regional Medical Center and less than one mile from downtown attractions.
17-Unit Boutique Hotel: Includes additional standalone owner’s single-family residence offering flexibility.
Immediate Income: Currently generating steady income with strong occupancy history.
Significant Value-Add Potential: Opportunities exist to increase revenue through renovations or repositioning.
Attractive Seller Financing Available: Flexible financing terms offered to qualified buyers.
Exceptional Amenities: Property features clubhouse with high-end kitchen, pool, private garage, and gated security.

Property Flyers

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 9 min - 4.2 mi
AirportDriveWalkDistance
Palm Springs International 8 min - 3.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates
Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates