12921 Tamar Drive
Desert Hot Springs, CA 92240
- – beds
- – baths
- – sqft
- 1960 build
- – on site
Amazing down-to-the-studs renovated Hospitality investment opportunity; Introducing The Onsen Hotel, the highest-rated and best-reviewed hotel in beautiful Desert Hot Springs California! This #1 ranked hotel on Trip Advisor is adult-only and pet-friendly with several other unique amenities including Mineral Water spa packages, deluxe breakfast, and a bevy of room & bed options to choose from. The Hotel, Spa space, pool, and 21 current rooms have been fully renovated and finished with unique luxury finishes sure to please every discerning guest, and the next owner has the option to alter the offering and create 2 additional rooms for increased Revenue and NOI. The purchase also comes with the adjacent lot to be developed to spec with its own mineral water well, allowing the next owner to develop additional rooms, a separate spa facility, or anything else you can imagine. Desert Hot Springs Values continue to rise as the market is edged out of Palm Springs proper, come get your hands on this great hospitality property before its too late!
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Last updated Dec 13, 2024
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MLS# 219120939PS —
This property is listed in more than one place. See it here.
The Building
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Year Built:1960
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:21
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# of Buildings:1
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Stories Total:2
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:1
Interior
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Levels:Two
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Room Type:Exercise Room
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Fireplace:No
Financial & Terms
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Disclosures:Earthquake Insurance Available
Location
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Directions:-
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Latitude:33.95482100
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Longitude:-116.48862100
The Property
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Property Type:Residential Income
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Zoning:R-4
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Lot Size Area:0.8700
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Lot Size SqFt:0.87
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Lot Size Source:Assessor
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View:1
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View:Desert, Mountain(s)
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Additional Parcels:Yes
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Additional Parcels Description:642-082-003, 642-082-004
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:642082002
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Included:Yes
The Community
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Subdivision:Not Applicable-1
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Subdivision:Not Applicable-1
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Pool:In Ground
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Senior Community:No
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Spa:1
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Private Pool:Yes
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Spa Features:In Ground, Private
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Assessments:No
Parking
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Parking:Yes
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Parking:Guest
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Parking Spaces:24.00
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Uncovered Spaces:24.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/5/24
Dec 5, 2024
|
Listed / Active | CRMLS_CA | $5,450,000 |