Cap Rate
11.31%
Tot. SF
12,040
754 E San Lorenzo, Palm Springs, CA, 92264
A Place in the Sun Garden Hotel$5,750,000
Key Information
Lot Size
0.98 Acres
$ per unit
$338,000
Units
17
Year Built
1951
Type
Hospitality
NOI
$650,427
Highlights
- Superior Footprint: ±1.05-acre lot featuring a central garden oasis—far more spacious than standard area hotels.
- Premium Units: 17 rentable units (20 total), including twelve ±650 sq. ft. “apartment style” villas with full kitchens for higher ADR and extended stays.
- Immediate Upside: 3 units currently offline for personal use provide a turnkey path to instant revenue growth.
- Prime Setting: Secluded mid-century estate located ±1.5 miles from Downtown Palm Springs and Agua Caliente Casino.
Photos
Location
Agents
R
Ryan Kawai SanchezLicense # 02192199 (CA)
M
Mitchell GlassonLicense # 02016029 (CA)
Broker of Record
David Harrington
License # Broker: 01320460 (CA), Firm: 02168060 (CA)Matthews Real Estate Investment Services, Inc2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245