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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
510-579-4385
nacha@
nacharealestate.com
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Buyer Info
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FOR SALE
$4,195,000

588 E San Lorenzo Road
Palm Springs, CA 92264

Business Opportunities
Commercial
12,164
Sq. Ft.
0.73
Acre Lot
Courtesy: Eric Lavey - Sotheby's International Realty; Email: ELPartners@SothebysHomes.com
Home> California> Palm Springs> 92264
PALM SPRINGS HOTEL: Extremely rare Palm Springs hotel opportunity with a total of 25 bedrooms - 12 units each with their own Kitchen and Laundry. Manager's Office/Lobby, community bathroom and 3 cabana locations. Eleven units are 2 bedroom and 2 bath and one is a 3/3 Penthouse. Situated in the highly desirable neighborhood connecting Central and South Palm Springs next to the recently completed Cody Place, where units sell over $1M. Just a block east of South Palm Canyon Drive, the location offers easy access to shopping, dining, entertainment, and medical facilities near historic Downtown Palm Springs. Featuring gated controlled access, ample parking, a luxurious pool and spa, koi pond, private patio/BBQ area, and an open courtyard, the property provides a perfect blend of comfort and entertainment. Modern amenities such as keyless entry, plank and carpet flooring, stainless steel appliances, and central air conditioning enhance the living experience. Besides as a hotel, there is also an ability to condo map the building and sell off as condos at a later date for a significant return. Whether you're a first-time purchaser, seasoned investor, or considering a 1031 exchange, 588 E San Lorenzo Road stands as a prime income-producing investment in the thriving Palm Springs real esta
CL24351718
Business Opportunities, Other
Riverside
2012
0.73 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Eric Lavey - Sotheby's International Realty; Email: ELPartners@SothebysHomes.com

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