$385,000
$360,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
525 SqFt
SOLD DATE : 03/12/2025
Key Details
Sold Price $385,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 525 sqft
Price per Sqft $733
Subdivision Ocotillo Lodge
MLS Listing ID 219122091
Sold Date 03/12/25
Style Mid Century
Bedrooms 1
Three Quarter Bath 1
HOA Fees $727/mo
HOA Y/N Yes
Year Built 1995
Lot Size 5 Sqft
Property Sub-Type Condominium
Property Description
Welcome to Ocotillo Lodge in Palm Springs! This iconic building was built by the Alexanders in 1957 and designed by architects William Krisel and Dan Palmer. The hotel was purchased in 1963 by Gene Autry and from 1968 to the 1990's Jerry Buss (owner of LA Lakers) was the owner and operator. The Ocotillo Lodge was converted to condos in 1995. This condo is on fee land (you own) in close proximity to downtown Palm Springs. The HOA includes community landscape, all utilities (electric, water), wi-fi,internet, trash, cable, pool/spas and clubhouse including gym. The pool is shaped like a champagne cork and there are plenty of lounge chairs and umbrellas to enjoy. Short term rentals allowed with permit from Palm Springs City. The Mills Act is approved for this building so you may qualify for tax reduction.
Location
State CA
County Riverside
Area 334 - Palm Springs South End
Interior
Heating Central, Electric
Cooling Air Conditioning, Electric
Furnishings Unfurnished
Fireplace false
Exterior
Parking Features false
Pool Community, In Ground, Safety Gate
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Lot Description Close to Clubhouse
Story 2
Entry Level Ground
Sewer In, Connected and Paid
Architectural Style Mid Century
Level or Stories Ground
Others
HOA Fee Include Building & Grounds,Cable TV,Clubhouse,Electricity,Trash,Water
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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