2388 Racquet Club Road

    Palm Springs, CA 92262
    • $3,600,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 219032411PS
    Short Sale
    UPDATED: 60 min ago
    $3,600,000
    • 0
      BEDS
    • 0.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    The Monkey Tree Hotel was built in 1960 and is a classic example of mid-century modern architecture. Built just down the road from the famous Racquet Club, legend has it that the hotel was a getaway for celebrities who wanted to have some privacy from the public and still be only a two hour drive from the Hollywood studios in case they had to rush back to the set. Although the hotel has changed hands over the years, The Monkey Tree Hotel has been a continuously operating hotel since 1960. The new owners purchased the property in November of 2015 and restored the 60-year hotel back to its original name - The Monkey Tree Hotel.The hotel is conveniently located near many of the main attractions in Palm Springs including the Palm Springs Aerial Tramway, the Premium Cabazon shopping outlets and lots of restored mid-century modern neighborhoods.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T09:28:19.47. 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 California Realty Experts. Licensed in the State of California, USA.
    www.californiarealtyexperts.com/homes/100316245

    2388 Racquet Club Road Palm Springs, CA 92262

    • Price: $3,600,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 219032411PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.92
    Acres
    Neighborhood:
    332 - Central Palm Springs
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    The Monkey Tree Hotel was built in 1960 and is a classic example of mid-century modern architecture. Built just down the road from the famous Racquet Club, legend has it that the hotel was a getaway for celebrities who wanted to have some privacy from the public and still be only a two hour drive from the Hollywood studios in case they had to rush back to the set. Although the hotel has changed hands over the years, The Monkey Tree Hotel has been a continuously operating hotel since 1960. The new owners purchased the property in November of 2015 and restored the 60-year hotel back to its original name - The Monkey Tree Hotel.The hotel is conveniently located near many of the main attractions in Palm Springs including the Palm Springs Aerial Tramway, the Premium Cabazon shopping outlets and lots of restored mid-century modern neighborhoods.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Office Square Footage 0 Office Square Footage Max 0 Office Square Footage Min 0

    Property Features

    Building Status Existing Business Type Hospitality Effective Gross 0 Equipment Value 0 Gross Operating Income 0.00 Industrial Square Footage 0 Industrial Square Footage Max 0 Industrial Square Footage Min 0 Inventory Value 0 Investment Property YN No Property Sub Type Commercial/Residential Retail Square Footage 0 Special Listing Conditions Short SaleStandard Total Monthly Rent 0

    Listing provided courtesy of Jaime Rook of Jmr Commercial Investments


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T09:28:19.47. 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 California Realty Experts. Licensed in the State of California, USA.
     
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