588 E SAN LORENZO Road, Palm Springs, CA 92264 (MLS# 15937269)

588 E SAN LORENZO Road, Palm Springs, CA 92264

$3,255,000
Property Type: Residential Income Square Footage: 14,000 Lot Size (sq. ft.): 31,799 Status: Closed
Current Price: $3,255,000 List Date: 9/21/2015 Last Modified: 1/02/2025

Overview

Description

Don't miss out on this rare opportunity. Random Haus Hotel and Condominiums is being sold in its entirety. Currently being operated as a hotel, the property has great potential to serve other markets. All units have separate electric and gas as well as 13 individual APN's. Completely refurbished in 2012, the property offers 12 smartly appointed fully-furnished units with full kitchens, 2 bedrooms and 2 baths including a penthouse unit of 3 bedrooms and 3 bathrooms, all with their own laundry units. Random Haus offers spectacular mountain views along with a large social area which includes an outdoor kitchen, BBQ and fire pit area. There is a centrally placed pool and spa along with a wrap around koi pond. An automated security gate allows entry into a large parking area and dog park. All furnishings, equipment, linens and accessories are included in the sale. Only a 15 minute walk from downtown, located in desirable South Palm Springs amidst other resorts and residences.

Listing Details MLS# 15937269

General Property Information

Total Units
13
Approx SqFt
14000
SqFt Source
Other
Building # of Stories
2
Pool
Yes
Lot Acres
0.73
Lot Size Source
Assessor

Property Features

Sale Type: Standard Listing Terms: Cash View Type: Mountain(s) Disclosures: Property As Is Levels: Two Foundation: Slab Cooling Type: Central Air Pool Location: Community Pool Description: Community Spa Hot Tub Description: Community Heating: Central Security Safety: Automatic Gate; Community; Gated Community Land Lease Type: Fee Simple

Listing Location and Property Info

APN
508193001
Original List Price
3800000
Street #
588
Street Direction
E
Street Name
SAN LORENZO
Street Suffix
Road
County
Riverside
State
CA
Zip Code
92264
Area
334 - Palm Springs South End
Neighborhood
Tahquitz River Estates

Listing Info

Number of Buildings
Yes
Laundry
Yes
Elevator
No

Property Info

Gated Community
Yes
View
Yes

Status Change Info

Status Change Date
2015-11-30
Pending Date
2015-10-08
Closed Date
2015-11-30
Closed Price
3255000

More Information

Parking SpacesInformation

Total Parking Spaces
24

Association Information

Association Name
Random Haus Hotel and Condominiums

Listing, Location and Property Info

Entry Date
2015-09-21
Land Type
Fee
Builders Tract Code
7000

Income & Expenses

Gross Income $
0
Gross Operating Income $
0
Net Operating Income $
0
Total Annual Operating Expenses $
0
Vacancy Allowance % or $
0

Sale Type

Standard
Yes

Listing Terms

Cash
Yes

View Type

Mountain(s)
Yes

Disclosures

Property As Is
Yes

Levels

Two
Yes

Foundation

Slab
Yes

Cooling Type

Central Air
Yes

Pool Location

Community
Yes

Pool Description

Community
Yes

Spa Hot Tub Description

Community
Yes

Heating

Central
Yes

Security Safety

Automatic Gate
Yes
Community
Yes
Gated Community
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: HomeSmart
Listing Agent: Mark D Stilwell
Last Updated: January - 02 - 2025
Information deemed reliable but not guaranteed.
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