67840 Hacienda Ave Desert Hot Springs, CA 92240

$700,000 Sold Price as of 05/31/2019

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$700,000 Sold Price as of 05/31/2019 Refinance Your Mortgage

Map preview of 67840 Hacienda Ave, Desert Hot Springs, CA 92240

Property Overview: 67840 Hacienda Ave Desert Hot Springs, CA has -- bedrooms, -- bathrooms, -- living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

67840 Hacienda Ave is currently an off market home in the city of Desert Hot Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Desert Hot Springs has a median list price of $425,000. The median price per/sqft for Desert Hot Springs is $263. With those numbers in mind, if you are looking to purchase a median priced home in Desert Hot Springs, CA and put 20% down you will need to save up $85,000 for the down payment and will need roughly $8,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Desert Hot Springs the commission could be as much as $19,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 67840 Hacienda Ave

Last sold for $700,000 on May 31st, 2019

March, 2020
Mar 23, 2020

Date

Expired

CRMLS: 16179928PS

$849,000

Price
Listing provided courtesy of CRMLS

Originally listed for $1,170,000. Reduced by $321,000! Fully Restored Mid-century Hotel in Desert Hot Springs in the heart of the Spa district. This property features (9) modern designed renovated rooms, some with kitchens. The spa and pool are naturally heated with the Hot Springs water Desert Hot Springs is known for. Owner's unit~ Perfect for a Bed and Breakfast. Some of the features are a lounge area with a Chef's kitchen, a large patio facing the San Gorgonio Mountains, a new solar system and plenty of land to expand on. Gated entrance and new foam roof. Desert Hot Springs is in the midst of a growth cycle and this hotel is a great investment. Additional 1.03 Ac of surrounding land for an additional $220,000 to make the total purchase price of $1,069,000. Seller motivated! Owner may carry. Call listing office for a private showing. This an active hotel, do not disturb tenants.

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September, 2019
Sep 24, 2019

Date

Sold

CRMLS: 18403474PS

$700,000

Price
Listing provided courtesy of CRMLS

Cannabis friendly hotel with Mineral Hot Water pools and an excellent Investor Opportunity to own a mid-century modern hotel recently featured on Forbes, LA Times and more. Known for the scandal and opportunity for clientele to legally consume marijuana during their stay. Clients also may soak in the sparkling hot all-natural healing mineral waters in pool and spa which pipes in at 140 degrees direct from the aquifer and is odorless. Enjoy panoramic views in this remodeled mid-century modern rooms with concrete floors, kitchenette suites and so much more. Hotel currently features 6 operating rooms with potential of converting up to 9 suites. Opportunity to expand w/ 7 additional surrounding parcels almost 2 acres for an additional $199,000 must be included which owner will carry. Solar electricity. Desert Hot Springs is a growing community known for cannabis, mineral waters and panoramic views. Hotel is currently operating on target. This is an active hotel, do not disturb occupants

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June, 2019
Jun 3, 2019

Date

Sold

CRMLS: 18402930PS

$700,000

Price
Jun 1, 2019

Date

Pending

CRMLS: 18402930PS

$795,000

Price
Dec 18, 2018

Date

Active Under Contract

CRMLS: 18402930PS

$795,000

Price
Dec 2, 2018

Date

Price Change

CRMLS: 18402930PS

$795,000

Price
Nov 2, 2018

Date

Active

CRMLS: 18402930PS

$849,000

Price
Listing provided courtesy of CRMLS

Cannabis friendly hotel with Mineral Hot Water pools and an excellent Investor Opportunity to own a mid-century modern hotel recently featured on Forbes, LA Times and more. Known for the scandal and opportunity for clientele to legally consume marijuana during their stay. Clients also may soak in the sparkling hot all-natural healing mineral waters in pool and spa which pipes in at 140 degrees direct from the aquifer and is odorless. Enjoy panoramic views in this remodeled mid-century modern rooms with concrete floors, kitchenette suites and so much more. Hotel currently features 6 operating rooms with potential of converting up to 9 suites. Opportunity to expand w/ 7 additional surrounding parcels almost 2 acres for an additional $199,000 must be included which owner will carry. Solar electricity. Desert Hot Springs is a growing community known for cannabis, mineral waters and panoramic views. Hotel is currently operating on target. This is an active hotel, do not disturb occupants

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May, 2019
May 31, 2019

Date

Sold (Public Records)

Public Records

$700,000

Price
February, 2009
Feb 4, 2009

Date

Sold (Public Records)

Public Records

$250,000

Price

Tax History for 67840 Hacienda Ave

Assessed Value (2020): $693,600

Year	Land Value	Improved Value	Assessed Value
2020	$81,600	$612,000	$693,600

About 67840 Hacienda Ave

Detailed summary of property

67840 Hacienda Ave is categorized with a use code of Commercial (General) in Desert Hot Springs, CA 92240 and last sold on May 31, 2019 for $700,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 8,276 square foot lot. Homes in Desert Hot Springs are selling for a median price of $390,000 and a median price per square foot of $259. Based on Ardent Real Estate Group's Desert Hot Springs Market Data, this home is sold 79.49% higher than the current median priced home. 67840 Hacienda Ave was last sold on May 31, 2019 for $700,000. Local nearby listings include 1429 E Laurelwood Dr, 25791 Date St and 25546 Amanda St. The average home in Desert Hot Springs, CA is selling in 124 days. There are currently 236 homes for sale in the Desert Hot Springs real estate market and 229 of them are single family homes while 7 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 67840 Hacienda Ave Desert Hot Springs, CA 92240 contact Ardent Real Estate Group and we will put you in touch with one of our Desert Hot Springs agents.

Public Facts for 67840 Hacienda Ave

Public county record property details

Beds: --
Baths: --
Year built: 1956
Sq. Ft.: --
Lot Size: 8,276
Stories: 2

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 70
APN: 642-142-012

The source for these homes facts are from public records.

92240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$419,000

Median List Price/Sq.Ft.

$263

Median Sold Price

$385,000

Median Sold Price/Sq.Ft.

$253

Total Inventory

220

Median Sale to List Price %

98.97%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (15.63%), VA (12.5%), Cash (21.88%), Other (12.5%)

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Call, Text or Message

(714) 706-1823

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