|Price/Rent PSF||$ 1,095,000.00|
|SQ. FT. Available||4,812|
“La Casa” is located in central Palm Springs and was
originally built as a hotel in 1946, then converted to 8
apartments, 6 legal units on file at City of Palm Springs and 2
legal non-conforming. La Casa still holds R3 zoning and is
surrounded by 5 boutique hotels. Conversion back to hotel is
likely or continue as apartments. Attractive unit mix between
(2) studios, (3) 1 bedrooms and (3) large 2 bedroom units.
This property offers value upside, passive income with light management duties and great tax benefits for the new owner.
See offering memorandum for full details.