588 E San Lorenzo Road

    Palm Springs, CA 92264
    • $4,950,000
    • STATUS: Active
    • ON SITE: 263 days
    • MLS #: 18317894PS
    UPDATED: 12 min ago
    $4,950,000
    • 0
      BEDS
    • 0.73
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,000
      SQFT
    • $354
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2012
    County:

    School Ratings & Info

    Description

    RSL Hotel offered in its entirety or each of the 12 Turn-Key furnished units can be sold individually. Diverse income / management opportunities: Boutique Luxury Hotel (active Hotel License), Vacation rentals, Corporate or family compound, extended stay or sober living facility. Separate 2012 electric & gas meters ,13 APN Numbers (1 for office). Rebuilt from ground up in 2012 and taken to next level in 2018 with a new resort style Pool & Spa area , 12 New Carports plus secured , gated open parking. New courtyard featuring uniquely designed spaces for each ground floor unit. High end Finishes in all units with full kitchens. Eleven 2 bedroom, 2 bath homes plus a 2100 sf 2 level Penthouse (Owners Unit) with 3 bedrooms and 3 bathrooms. Spacious front Lobby / Office. W/D in all units. Social area with outdoor kitchen, BBQ & fire pit. Water features and wrap around koi streams. Property is fully Fire Sprinklered with alarm and sound system. Exceptional surrounding View

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    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group or eXp Realty of California, Inc.. Based on information from the California Desert Association of Realtors as of 2018-11-20T11:35:27.863. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.bradschmett.net/homes/81200393

    588 E San Lorenzo Road Palm Springs, CA 92264

    • Price: $4,950,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 18317894PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.73
    Acres
    14,000
    SQFT
    $354
    $/SQFT
    2012
    Built
    Neighborhood:
    Tahquitz River Estat
    County:
    Riverside
    Area:
    Palm Springs South E
    Property Description
    RSL Hotel offered in its entirety or each of the 12 Turn-Key furnished units can be sold individually. Diverse income / management opportunities: Boutique Luxury Hotel (active Hotel License), Vacation rentals, Corporate or family compound, extended stay or sober living facility. Separate 2012 electric & gas meters ,13 APN Numbers (1 for office). Rebuilt from ground up in 2012 and taken to next level in 2018 with a new resort style Pool & Spa area , 12 New Carports plus secured , gated open parking. New courtyard featuring uniquely designed spaces for each ground floor unit. High end Finishes in all units with full kitchens. Eleven 2 bedroom, 2 bath homes plus a 2100 sf 2 level Penthouse (Owners Unit) with 3 bedrooms and 3 bathrooms. Spacious front Lobby / Office. W/D in all units. Social area with outdoor kitchen, BBQ & fire pit. Water features and wrap around koi streams. Property is fully Fire Sprinklered with alarm and sound system. Exceptional surrounding View
    Exterior Features

    Carport Or Covered Spaces 12 Pool Yes Pool Location Community Pool Roofing FoamRoof-Flat Total Other Spaces 0 Total Parking Spaces 23

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 0.00 Cooling Type Air ConditioningCeiling Fan(S)Central A/C Entry Level 0 Heating Type Central FurnaceZoned

    Property Features

    Act Total Rent 0.00 Adj Gross Income 0.00 Amenities Sauna Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Disclosures Property As Is Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 0.00 Gross Schedule Inc 0.00 Land Fee Lot Size Source (Assessor) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 0.00 Number Of Buildings 1 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Appraiser Tax Rate 0.00 Terms CashCash To New LoanConventional Total Annual Op Exp 0.00 Total Taxes 0.00 Tv Services Cable

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of Luca Volpe of Realty Trust.
    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group or eXp Realty of California, Inc.. Based on information from the California Desert Association of Realtors as of 2018-11-20T11:35:27.863. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Brad Schmett Real Estate Group or eXp Realty of California, Inc.
    760-880-5845
    La Quinta and Palm Springs CA,