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- LoopNet Team
2388 E Racquet Club Rd
Palm Springs, CA 92262
Monkey Tree Hotel · Specialty Property For Sale · 9,000 SF
Investment Highlights
- Mid-Century Modern Design
- 2018 Luxlife Hospitality Award Boutique Hotel of the Year, 2016 Commercial Restoration Award - Palm Springs Modern Committee
- County licensed 400 sq.ft. Industrial Grade Commercial Kitchen
- 2018 Certificate of Excellence, #4 out of 23 Palm Springs B&B’s, 5 Star Rating - Trip Advisor
- 400 sq.ft. Managers/Owners Unit, 650 sq.ft. Meeting Space
- One Swimming Pool, Two Hot Spas, One Cold Dip Pool, Dry Sauna
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built/Renovated | 1960/2017 |
| Building Class | B | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 0.91 AC | Corridor | Exterior |
| Building Size | 9,000 SF |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.91 AC |
| Building Size | 9,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2017 |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Exterior |
About 2388 E Racquet Club Rd , Palm Springs, CA 92262
The Monkey Tree Hotel was built in 1960 and is a classic example of mid-century modern architecture. Built just down the road from the famous Racquet Club, legend has it that the hotel was a getaway for celebrities who wanted to have some privacy from the public and still be only a two hour drive from the Hollywood studios in case they had to rush back to the set. Although the hotel has changed hands over the years, The Monkey Tree Hotel has been a continuously operating hotel since 1960. The new owners purchased the property in November of 2015 and restored the 60-year hotel back to its original name – The Monkey Tree Hotel. The hotel is conveniently located near many of the main attractions in Palm Springs including the Palm Springs Aerial Tramway, the Premium Cabazon shopping outlets and lots of restored mid-century modern neighborhoods. **DO NOT VISIT PROPERTY WITHOUT AN APPOINTMENT THROUGH LISTING AGENT**
PROPERTY TAXES
| Parcel Number | 501-272-016 | Improvements Assessment | $3,664,414 |
| Land Assessment | $1,570,463 | Total Assessment | $5,234,877 |
PROPERTY TAXES
zoning
| Zoning Code | RIC, Palm Springs |
| RIC, Palm Springs |
