354 Stevens, Palm Springs, CA 92262

$4,650,000

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List Price
$4,650,000
Status
ACTIVE
MLS#
219148167DA
Year Built
1956
Lot Size
18,295
Acres
0.42
Days on Market
88
Property Type
Commercial

Property Description

Introducing The Jazz Hotel, a fully renovated 12 room boutique hotel on 0.42 acres in Palm Springs. Originally built circa 1954, this single story property offers approximately 5,432 SF including 12 guest rooms, office, fitness room, pool, spa, and outdoor patio areas.Recent upgrades include interior/exterior paint, flooring improvements, bathroom updates, lighting upgrades, pool/spa enhancements, courtyard improvements, and extensive systems modernization. Key infrastructure work includes removal of outdated wall units and heaters and installation of 16 energy efficient mini split HVAC systems, along with upgraded electrical and exterior improvements.Significant investment in FF&E includes new furnishings, linens, decor, signage, outdoor lounge furniture, fitness equipment, and guest amenities, creating a turnkey boutique hospitality opportunity. Located near downtown Palm Springs, dining, shopping, and entertainment.Buyer to verify zoning, permits, and hotel/STR licensing requirements.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Bronwen Campbell (bronwen.campbell@evrealestate.com) from Listing Office: Engel & Volkers Palm Desert.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.