Coast Group is pleased to present 500 West Racquet Club, a newly renovated multifamily property consisting of three separate units, a pool, courtyard, and common area. Located in a highly desirable area just outside downtown Palm Springs and adjacent to restaurants and shops, this property offers a unique opportunity to own a meticulously remodeled space with various potential uses. Currently owner occupied, other possible uses include, but are not limited to, a family compound, boutique hotel, personal residence, or short-term rental (subject to Palm Springs approval). 500 West Racquet Club is approximately 3,558 square feet, with the following breakdown: Unit one (1) is a 2-bedroom, 2-bath, Unit two (2) is a 2-bedroom, 2-bath, and Unit three (3) is a 5-bedroom, 2-bath. The property underwent a full renovation in 2023, down to the studs. The owner spared no expense, installing three new AC units and completing an interior remodel with updated flooring, kitchen appliances, and countertops. This property offers a lot of stability for any family, investor, seasoned investor or a 1031 exchange opportunity. Ownership is open to discussing partnership options, financing etc. Don't miss the opportunity to own this outstanding property with limitless potential!"