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754 E San Lorenzo Rd
Palm Springs, CA 92264 Taquitz Canyon River Estates

$5,750,000 USD

Hotel For Sale  •  12,405 SF

Property Details

  • Property Type Hotel
  • Total Building Size 12,405 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 1951
  • Cap Rate 11.31 %
  • Tenancy Single
  • Zoning C14
33 Transit Score
63 Walk Score

Highlights

Boutique hotel with 17 rentable units, including 12 apartment-style villas with full kitchens for higher ADR.
Marketed at an 11.31% cap rate with $650,427 NOI and significant upside from 3 offline units.
Prime Palm Springs location just 1.5 miles from Downtown and Agua Caliente Casino.
Mid-century estate built in 1951, frequented by Hollywood icons, with privacy-focused bungalows.
±12,040 SF building on a ±0.98-acre lot featuring a central garden oasis and resort amenities.
Zero active advertising—100% organic demand and major growth potential through modern marketing.
Cap Rate: 11.31 %

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 15 min - 6.6 mi
AirportDriveWalkDistance
Palm Springs International 10 min - 4.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Ryan Kawai Sanchez 949-287-5854 Matthews Real Estate Investment Services
Ryan Kawai Sanchez 949-287-5854 Matthews Real Estate Investment Services