This Hospitality Property is no longer advertised on LoopNet.com.

350 W Chino Canyon Rd
Palm Springs, CA 92262
Tuscany Manor · Hospitality Property For Sale · 18,496 SF

Investment Highlights

  • Tuscany Manor presents a chance to have fractional ownership in a prestigious Palm Springs boutique apartment complex with a $1.5-$2MM buy-in.
  • Investment opportunity with multiple options for capital, such as $2 million per investor for 33% share or two investors at $3 million.
  • Midcentury complex with 25 (one- to two-bedroom) apartment-style suites totaling 39 bedrooms, full-size kitchens, dining, and living rooms.
  • Now undergoing a conversion to multifamily, this property showcases community amenities such as a saltwater pool, Zen garden, and lush fruit trees.
  • 350 W Chino Canyon Road sits on a 1.23-acre lot zoned for multifamily and provides ample parking, on-site laundry facilities, and a leasing office.
  • Nestled two hours southeast of Los Angeles, Palm Springs is known as a getaway for celebrities and a strong tourism destination.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.23 AC
Construction Status Converted
Building Size 18,496 SF
No. Stories 1
Year Built/Renovated 1956/1996
Parking Ratio 1.46/1,000 SF
Corridor Interior
Zoning RGA - Originally RGA

Amenities

  • Pool
  • Spa
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Property Taxes

Property Taxes

Parcel Number
504-300-011
Land Assessment
$969,000
Improvements Assessment
$3,876,000
Total Assessment
$4,845,000
  • Listing ID: 30186491

  • Date on Market: 11/29/2023

  • Last Updated:

  • Address: 350 W Chino Canyon Rd, Palm Springs, CA 92262

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