165 N Luring Drive

Palm Springs, CA 92262

PRICE INCREASE

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+$400,000 (+14.55%)

$3,150,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1957

calendar_month Built

Property Description

This is an extremely rare offering! Palm Springs is known as an art and architecturally significant modernist center for modern and historically significant buildings by famous Architects! Such is the case here. Although not classified as a "Historical Building", it could be applied for by the new prospective owner! It was designed by famed architect John Porter Clear, of the renowned Albert Frey-Clark Architectural Firm! These addresses lease to mostly well known medical physicians and successful small business entrepreneurs! It is by definition a "Pride of Ownership Building!" It is approximately 5,634 sf of l100% leased spaces on a corner lot of approximately 1.04 acres! It is located in the heart of Palm Springs! This building is catering to an investor looking for a fully renovated leased asset in one of California's most stable markets-Palm Springs! This building is known for its stunning desert landscapes and vibrant community, this property benefits from its prime location. The area is renowned for its year-around tourism, attracting a steady flow of visitors and potential customers! This meticulously maintained property is an opportunity to own a piece of Palm Springs history while enjoying the benefits of a newly renovated and income-generating asset!!!

Listing Information

List Price $3,150,000
Status Active
MLS IV24148249
Type Commercial
Subtype Office
Year Built 1957
Lot Size 45,302
Structure Size N/A
DOM 97
Courtesy Of CERTIFIED PROPERTIES
Listing Agent JOHN PAULLIN DRE#00400334

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: JOHN PAULLIN, CERTIFIED PROPERTIES 951-784-6027. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 24th, 2024 at 11:18 PM 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.