Residential Income – 588 E San Lorenzo Rd, Palm Springs, CA 92264, USA -001-11-30T00:00:00-08:00
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 s
588 E San Lorenzo Rd, Palm Springs, CA 92264, USA
$4,950,000 USD
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Address588 East San lorenzo Road, Palm Springs
Price$4,950,000
Price Changed5.71% (-$300,000, 35 days ago)
Year Built2012
Bedrooms Total0
Living Area14,000
Lot Size (Sq.Ft.)31,799
Listing ID18317894PS
StatusActive
Parcel Number508193001
Special ConditionsStandard
Days on Market169

Detailed 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 and 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 and 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 sq.ft 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 and fire pit. Water features and wrap around koi streams. Property is fully Fire Sprinklered with alarm and sound system. Exceptional surrounding View

Cooling
Association
Laundry
Parking
Pool Private
Land Lease
Appliances

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Address Information
Address588 East San lorenzo Road, Palm Springs
Street PrefixEast
Street SuffixRoad
Subdivision NameTahquitz River Estat (7000)
CityPalm Springs
Location (MLS Area)334 – South End Palm Springs
County Or ParishRiverside
State or ProvinceCA
Postal Code92264
Financial Information
Price Changed-5.7143%
Previous Price$5,250,000
Price per Square Foot$353.57
Price per Lot Square Foot$155.67
Special ConditionsStandard
Tax Year2000
Full Descriptions
Parcel Number508193001
Detailed DescriptionRSL 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 and 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 and 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 sq.ft 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 and fire pit. Water features and wrap around koi streams. Property is fully Fire Sprinklered with alarm and sound system. Exceptional surrounding View
Roof DescriptionFlat, Foam
UtilitiesCable Available
Laundry FeaturesWasher Included, Dryer Included
Cooling DescriptionCentral, Zoned
Appliances DescriptionGarbage Disposal, Refrigerator, Freezer, Dishwasher, Vented Exhaust Fan
Parking FeaturesCarport Detached, On Site, Parking Space, Assigned, Guest
Pool FeaturesCommunity Pool
Property parameters
Year Built2012
Living Area (Sq.Ft.)14,000
Lot Size (Sq.Ft.)31,799
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total13
Stories Total2
Units Total13
Number of Separate Electric Meters13
Number of Separate Gas Meters13
Units with Dishwasher12
Units with Disposal12
Units with Patio6
Units with Refrigerator13
Listed withLuca Volpe (Realty Trust)