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    140 North Luring Dr Palm Springs, CA 92262
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    Property profile & analytics

    140 North Luring Dr, Palm Springs, CA 92262

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    • Medical Office Space
    • 10,368 SF
    • 0.60 lot acres
    Palm Springs Multi-Use Office Building For Sale
    $1,950,000

    Palm Springs Multi-Use Office Building

    Modern office building in central Palm Springs with mountain views.

    140 North Luring Drive, Palm Springs, CA 92262
    View Listing
    Property ID
    US10-2331119
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jay Jorgensen, DDS / Dental Office
    • Gerald E. Chang, DDS, Inc. / Dental Office
    • PS...Test / Charitable Organization / Social Service Agency
    • Dr. Andrew Harrison / Physician
    • Dr. Christopher Rapoff / Alternative Medicine Practice

    Property Details for 140 North Luring Dr

    Year built
    1970
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Zone code
    P
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    502-064-008
    APU
    502064008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 18, 2020 — Tarzana Medical LLC Mehran Javaherian Grant Deed —
    Nov 17, 2020 $820,000 Mehran Javaherian 140 Luring Jv Fund LLC Deed In Lieu Of Foreclosure · related —
    Jan 10, 2014 $820,000 140 Luring Jv Fund LLC Plm Loan Management Trustees Deed · related —
    Feb 1, 2008 — Luring Properties LLC — Trustees Deed · related $120k · Farhad Zaghi
    Aug 7, 2001 $650,000 Luring Properties LLC Jenny Trust Grant Deed $525k · Jenny Trust
    — — 140 Luring Jv Fund LLC — Deed Of Trust · related $820k · Mehran Javaherian
    — — Luring Properties LLC — Deed Of Trust · related $300k · Sampson Lewis Md Holdings Ltd
    — — Luring Properties LLC — Deed Of Trust · related $500k · Pme Mortgage Fund INC
    — — Luring Properties LLC — Deed Of Trust · related $840k · Lone Oak Fund LLC

    Description

    This exceptional 9,850-square-foot medical office building is strategically located in central Palm Springs, California, at 140 N. Luring Dr, 92262. Boasting a modern design and situated on a 0.61-acre lot, the property offers convenient access from E. Tahquitz Canyon Way and N. Sunrise Way. The building has undergone significant renovations in recent years, resulting in a high-quality, updated space. Ample private covered parking is available for tenants and visitors. Panoramic mountain views are visible from all sides of the building. This single-building property presents a unique opportunity for owner-users seeking to occupy a portion of the space while generating income from leasing the remaining suites. The asking price is $1,950,000, translating to a price per square foot of $197.97. This represents a compelling investment opportunity in a desirable location within Riverside County. The property's prime location and recent renovations make it an attractive option for medical professionals and investors alike. The building's multi-use design offers flexibility for a variety of medical practices or related businesses.


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    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.527
    Latitude
    33.8237
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,318
    $416,322
    $814,805
    $1,231,127
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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