74380 El Camino , #22

Description

This studio offers a unique opportunity to own a piece of Palm Desert history. Situated just three blocks from El Paseo, known for its world-famous shopping, this property is perfect for those who enjoy an active lifestyle with great hiking, biking, tennis, and golf opportunities nearby. Originally constructed between 1959 and 1962 by Jimmy Hoffa as a retreat for Teamster bosses, this property is rich in history and character. It features 52 studio units in 7 buildings with both pools and the spa currently undergoing a transformation set to be completed by August 1st. Whether you're looking for a starter home or an investment property, this studio has potential. However, please note that it is being sold AS IS and will require some renovation work, so be ready to bring your hammer and make it your own. Several are in Airbnb as long as you receive a permit from the city of Palm Desert.

Listing information courtesy of: Janet DePerry, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.