12885 Eliseo Road

Desert Hot Springs, CA 92240

$1,700,000
Price
7
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

*HUGE PRICE REDUCTION, take advantage!! Virtual showings available! Seven beautiful ensuite rooms with kitchenettes set in an idyllic relaxing environment. Super cool, hip, alternative chic. Hot springs mineral source soaking tub & pool oasis with 2 massage spa rooms. Recent renovations to rooms, pool, as well as throughout the property. Great staff allows hotel to run on it's own with great income at an incredible 9.4 Cap rate. Hotel sits on 3 lots, & 3 vacant lots may be included for approximately...

Property Details for 12885 Eliseo Road

Zoning
TR
Year Built Numeric
1957

Property Details for 12885 Eliseo Road

StatusAccepting Backup Offers
MLS #20-571018
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size1.22 AC / 53,000 SF
CountyRiverside County

Listing Agent

Contact Agent(s)

Location

Listing Courtesy of Compass, Emmanuel Xuereb, DRE #01845114; Compass, Salvator Xuereb, DRE #02040807

Listing Agents

  1. Emmanuel Xuereb

    Listing Agent

    Compass

    DRE #01845114

  2. Salvator Xuereb

    Alternative Listing Agent

    Compass

    DRE #02040807

Building Information for 12885 Eliseo Road

Stories1Residences-Year Built1957Building Size-Lot Size1.22 AC / 53,000 SF

Payment Calculator

$5,697 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,697

Property Taxes

HOA Dues

$0

Property Information for 12885 Eliseo Road

Summary
    Location and General Information
  • Directions: North of Hacienda Ave, East of Miracle Hill Rd
  • Year Built Source: Estimated
  • View Description: Mountains
  • View: Yes
  • City: Desert Hot Springs
  • Zip Code: 92240
  • County Or Parish: Riverside
  • Street Number Numeric: 12885
  • Street Name: ELISEO
  • State: CA
    Parking
  • Parking Garage: Detached, Uncovered
  • Total Parking: 10
Property
    Property and Assessments
  • Assessor Parcel Number: 642-121-023
  • Disclosures: As Is
  • Number Of Photos: 33
    Lot Information
  • Additional Parcel Number: Yes
  • Listing Area: Desert Hot Springs
  • Other Structures: Gazebo
  • Service Level: Full Service
  • Living Area: 0
  • Lot Size Area: 53000
    Utilities
  • Amenities: Maid Service, Pool, Spa, Steam Room, Other
  • Pool Description: Heated, In Ground
Interior and Exterior Features
    Exterior Features
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa: Yes
    Interior Features
  • Bathroom Features: Remodeled, Tile
  • Baths Total: 7.0
  • Cooling: Air Conditioning
  • Equipment: Range/Oven, Refrigerator
  • Flooring: Tile
  • Heating: Other
  • Number Of Stories: 1
  • Beds Total: 7
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Financing: Cash, Cash To New Loan
  • Gross Income: $361,911
  • Gross Operating Income: $361,911
  • Net Operating Income: $168,520.00
  • Total Annual Expense: 193390
    Unit Information
  • Type Of Units: Attached
  • Unit Type Type: 2106
    Unit 1 Information
  • Unit Beds1: 7
  • Unit Baths1: 7
  • Unit Projected Rent1: $.00
  • Unit Actual Rent1: $.00
  • Unit Furnished1: Yes
  • Like Units1: 7
  • Unit Rent1: $.00
Rental
    Rental Information
  • Vacancy Rate: 50
  • Gross Rent Multiplier: $.00
  • Number Of Buildings: 1
  • Number Of Units: 7

Property History for 12885 Eliseo Rd

DateEvent & SourcePriceAppreciation
Jun 22, 2020

Accepting Backup Offers

CRMLS #20571018

Jun 22, 2020

Accepting Backup Offers

CLAW #20-571018

May 29, 2020

Price Change

CRMLS #20571018

$1,700,000
DateEvent & SourcePrice
06/22/2020

Accepting Backup Offers

CRMLS #20571018

06/22/2020

Accepting Backup Offers

CLAW #20-571018

05/29/2020

Price Change

CRMLS #20571018

$1,700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 12885 Eliseo Road

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Cabot Yerxa Elementary SchoolPublicK-50.5 mi
3
Community Children's CenterPrivatePK-70.9 mi
NR
Palm Springs Christian SchoolsPrivate5-121.0 mi
NR
Desert Springs Middle SchoolPublic6-81.0 mi
3

Cabot Yerxa Elementary School

K-5, 0.5 mi, Public

3

Community Children's Center

PK-7, 0.9 mi, Private

NR

Palm Springs Christian Schools

5-12, 1.0 mi, Private

NR

Desert Springs Middle School

6-8, 1.0 mi, Public

3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Compass, Emmanuel Xuereb, DRE #01845114; Compass, Salvator Xuereb, DRE #02040807

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