1821 Amado Rd, Palm Springs, CA 92262
5 Unit Apartment Building | $2,000,000 ($400,000/Unit) | 5.30% Cap Rate | Palm Springs, CA 92262
For Sale
Active
8 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $2,000,000
- Property Type
-
Multifamily
- Square Feet
- 3,257 SF
Listing Contacts
Steve Sanchez
Verified Profile
Kate Rust
Verified Profile
- Property Info
Property Overview
Seller will consider an owner carry with the following terms: $600,000.00 down for 24 months; 5% interest only payments year 1 and 7% year 2 with a balloon payment due in full on the 24th month.
For eight years, The Amado has been a Palm Springs haven for design enthusiasts and travelers seeking an extended stay. Tucked away in a quiet residential area yet minutes from downtown, this complex offers five fully furnished, pet-friendly units, perfect for those escaping winter chills, working remotely, or navigating real estate ventures.
Originally built in 1955, this mid-century modern gem has been meticulously renovated. Step inside and discover a captivating blend: California's bright, decorative spirit seamlessly balanced with Scandinavian minimalism and clean lines.
The Amado's acclaim extends beyond aesthetics. It's garnered features in publications like Sunset Magazine, Architectural Digest, Wallpaper, Vogue, Elle, and Goop. And most importantly, their guests give a remarkable collection of five-star reviews.
What sets The Amado apart? Here's a glimpse:
• Mid-century Magic: Experience the architectural allure of a bygone era,
meticulously restored and reimagined for modern comfort.
• Designer Details: Curated interiors blend California cool with Scandinavian
simplicity, creating a visually stunning and relaxing environment.
• Sparkling Pool: Take a refreshing dip in the beautiful pool, the perfect
way to cool off under the Palm Springs sun.
• Eco-Conscious Commitment: The Amado proudly utilizes 100% carbonfree energy through the Desert Community Energy Program.
• Prime Location: Enjoy the tranquility of a residential enclave while being
just minutes from downtown's vibrant scene, the convention center, and
the airport.
• Exceptional Amenities: High-speed internet, smart thermostats, in-unit
washer/dryer, and a dedicated Tesla charging station are just a few of the
perks guests enjoy.
• Unwavering Hospitality: The friendly and attentive management team
ensures their guests stay is effortless and unforgettable.
This fully-upgraded desert retreat prioritizes guest's comfort with the latest smart technology for easy use and eco-conscious efficiency.
The Amado features a dedicated Tesla charging station on-site. Each living room has a 40” Samsung Smart TV with complimentary HULU + Live TV with unlimited screens, a wireless bluetooth speaker, and the fastest high-speed internet available.
All units offer central air with smart thermostats, and every light is on a dimmer. Secure entry is available through a personalized code on the Yale x NEST wireless keypad. The complex offers guests a washer and dryer, a beautiful outdoor fire pit and communal BBQ. The Amado is also pet-friendly.
The property provides fresh towels, linens, and Malin & Goetz toiletries. A mailbox key is provided upon request.
HIGHLIGHTS
• Tesla Charging Station and 110V Plug-in for other Electric Vehicles
• NEST x Yale Wireless Entry
• High-speed 1GB Internet and HULU + 40” Live TV Screen
• On-site Washer and Dryer
• Outdoor Gas Fire Pit
• Weber BBQ and Large Outdoor Community Dining Table
All Linens include Bed Sheets, Bath, and Pool Towels
• Malin & Goetz Shampoo, Conditioner & Body Wash
• Cooking Utensils and Supplies
• Hair Dryer
• Iron and Ironing Board
• Lightweight Vacuum
For eight years, The Amado has been a Palm Springs haven for design enthusiasts and travelers seeking an extended stay. Tucked away in a quiet residential area yet minutes from downtown, this complex offers five fully furnished, pet-friendly units, perfect for those escaping winter chills, working remotely, or navigating real estate ventures.
Originally built in 1955, this mid-century modern gem has been meticulously renovated. Step inside and discover a captivating blend: California's bright, decorative spirit seamlessly balanced with Scandinavian minimalism and clean lines.
The Amado's acclaim extends beyond aesthetics. It's garnered features in publications like Sunset Magazine, Architectural Digest, Wallpaper, Vogue, Elle, and Goop. And most importantly, their guests give a remarkable collection of five-star reviews.
What sets The Amado apart? Here's a glimpse:
• Mid-century Magic: Experience the architectural allure of a bygone era,
meticulously restored and reimagined for modern comfort.
• Designer Details: Curated interiors blend California cool with Scandinavian
simplicity, creating a visually stunning and relaxing environment.
• Sparkling Pool: Take a refreshing dip in the beautiful pool, the perfect
way to cool off under the Palm Springs sun.
• Eco-Conscious Commitment: The Amado proudly utilizes 100% carbonfree energy through the Desert Community Energy Program.
• Prime Location: Enjoy the tranquility of a residential enclave while being
just minutes from downtown's vibrant scene, the convention center, and
the airport.
• Exceptional Amenities: High-speed internet, smart thermostats, in-unit
washer/dryer, and a dedicated Tesla charging station are just a few of the
perks guests enjoy.
• Unwavering Hospitality: The friendly and attentive management team
ensures their guests stay is effortless and unforgettable.
This fully-upgraded desert retreat prioritizes guest's comfort with the latest smart technology for easy use and eco-conscious efficiency.
The Amado features a dedicated Tesla charging station on-site. Each living room has a 40” Samsung Smart TV with complimentary HULU + Live TV with unlimited screens, a wireless bluetooth speaker, and the fastest high-speed internet available.
All units offer central air with smart thermostats, and every light is on a dimmer. Secure entry is available through a personalized code on the Yale x NEST wireless keypad. The complex offers guests a washer and dryer, a beautiful outdoor fire pit and communal BBQ. The Amado is also pet-friendly.
The property provides fresh towels, linens, and Malin & Goetz toiletries. A mailbox key is provided upon request.
HIGHLIGHTS
• Tesla Charging Station and 110V Plug-in for other Electric Vehicles
• NEST x Yale Wireless Entry
• High-speed 1GB Internet and HULU + 40” Live TV Screen
• On-site Washer and Dryer
• Outdoor Gas Fire Pit
• Weber BBQ and Large Outdoor Community Dining Table
All Linens include Bed Sheets, Bath, and Pool Towels
• Malin & Goetz Shampoo, Conditioner & Body Wash
• Cooking Utensils and Supplies
• Hair Dryer
• Iron and Ironing Board
• Lightweight Vacuum
Property Details
- Class
- B
- Year Built
- 1974
- Stories
- 1
- Property Subtype
- Dormitory
- Lot Size (sq. ft)
- 10,890 SF
- Units
- 5
Highlights
- Potential For Seller Financing
- On-site washer and dryer
- Outdoor gas fire pit
- Pool
- Fully Furnished
- Tesla Charging Station and 110V plug in for other electric vehicles
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