650 E SAN LORENZO Road, Palm Springs, CA 92264 (MLS# 14768033)

650 E SAN LORENZO Road, Palm Springs, CA 92264

$1,990,000
Property Type: Residential Income Bedrooms: 24 Lot Size (sq. ft.): 31,341 Status: Closed
Current Price: $1,990,000 List Date: 6/12/2014 Last Modified: 1/02/2025

Overview

Description

Don't miss this rare opportunity to own one of Palm Spring's finest small resort hotels. Currently operating as a very successful private men's resort, the property has unlimited potential to serve other markets, as well. Completely refurbished in 2005-06, the resort offers 23 smartly appointed suites & baths, plus a very spacious 1 BR manager's apartment. Lushly landscaped grounds feature spectacular mountain views and one of the largest pools and spas for this category of property in Palm Springs. All furnishings, equipment, linens and accessories, plus access to a very extensive client list, are included in the sale. Only a 15 minute walk from downtown Palm Springs, the hotel is superbly located in desirable South Palm Springs amidst other resorts and residences. This is an exciting opportunity for anyone seeking a quality resort with clientele to match.

Listing Details MLS# 14768033

General Property Information

Total Units
24
Total Bedrooms
24
Building # of Stories
2
Pool
Yes
Lot Acres
0.72
Lot Size Source
Assessor
Year Built
1960

Property Features

Sale Type: Standard Possession: Close Of Escrow View Type: Mountain(s) Property Condition: Updated/Remodeled Cooling Type: Ceiling Fan(s); Wall/Window Unit(s) Pool Construction: In Ground Pool Description: In Ground Spa Hot Tub Construction: In Ground Laundry: Community; Laundry Area Association Fees Include: Electricity Land Lease Type: Fee Simple

Listing Location and Property Info

APN
508191012
Original List Price
2600000
Street #
650
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
2
Laundry
Yes
Laundry Equipment
Own
Elevator
No

Property Info

Gated Community
No
View
Yes

Status Change Info

Status Change Date
2015-02-27
Pending Date
2015-01-21
Closed Date
2015-02-27
Closed Price
1990000

More Information

Parking SpacesInformation

Total Parking Spaces
22

Listing, Location and Property Info

Entry Date
2014-06-12
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
Assessed Improvement $
1367870
Vacancy Allowance % or $
50

Sale Type

Standard
Yes

Possession

Close Of Escrow
Yes

View Type

Mountain(s)
Yes

Property Condition

Updated/Remodeled
Yes

Cooling Type

Ceiling Fan(s)
Yes
Wall/Window Unit(s)
Yes

Pool Construction

In Ground
Yes

Pool Description

In Ground
Yes

Spa Hot Tub Construction

In Ground
Yes

Laundry

Community
Yes
Laundry Area
Yes

Association Fees Include

Electricity
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Bennion Deville Homes
Listing Agent: Mugge & Man Associates
Last Updated: January - 02 - 2025
Information deemed reliable but not guaranteed.

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