985 E El Cid | Los Angeles | State of California | Prices, Plans, Availability

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RARE INVESTMENT OPPORTUNITY- TURNKEY- All furniture, decor and supplies are included in the price and can be part of the mortgage for new buyer. Unique opportunity to own a property featured on CBS show STAYCATION 2023 for its unique design and architecture. Short-term rental is allowed and is not maxed out in this neighborhood. 6 Bedrooms, estate land use permit and corner lot gives the highest occupancy in the area for rentals and hence the top revenue for rental. Owner is willing to share details, guidance on the rental seasonality and best practices for short term rentals once in escrow. Experience California-style luxury living in this exquisitely finished home, offering an ideal blend of opulence and investment potential. This stunning, newly renovated residence on a lot that spans over 10,000 square feet and is an entertainer's paradise. Nestled on a tranquil, gated property with complete privacy, every room offers captivating views of the mountains and the desert. As you enter the living room, you'll notice the beautiful fireplace to lounge by, and a 20-foot glass door, allowing for seamless indoor-outdoor living. The kitchen features an oversized island that overlooks the living and dining room. The spacious laundry room comes with double, large-capacity washer and dryer units. Multiple bathrooms, including a large double vanity jack and Jill bathroom, ensure convenience for all guests. The outdoor living space is nothing short of spectacular. The centerpiece of this luxury escape is the expansive pool with a swim-up bar, sunken BBQ, optional gas heating, and an eight-person spa with a Baja shelf, perfect for lounging and cooling off. The indoor-outdoor pool shower is a thoughtful touch, and enormous pocket doors connect the living area to the pool, ensuring a seamless transition between spaces. Other outdoor features include a sunken fireplace, horseshoes, a mini-golf course, an entertainer's barbecue and grill, outdoor theatre set up and multiple outdoor lounge areas. This property is surrounded by protective walls and hedges, guaranteeing total privacy and tranquility. If you decide to venture out and explore the nightlife, downtown Palm Springs is just a few minutes away, offering an array of restaurants, bars, and entertainment options throughout the year. *Potential buyer must do due diligence with the city of palm springs*