588 SAN LORENZO Road, Palm Springs, CA 92264
$4,950,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
31,799
Status:
Closed
Current Price:
$4,950,000
List Date:
7/03/2019
Last Modified:
5/14/2026
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 & 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 & 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 sf 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 & fire pit. Water features and wrap around koi streams. Property is fully Fire Sprinklered with alarm and sound system. Exceptional surrounding Views
More Information MLS# 19484800
Listing, Location and Property Info
Entry Date: 2019-01-01
Listing Info
Ownership Type: LLC
Property Info
# Units: 13
Sale Type
Standard: 1
Business Info
Laundry Equipment: Yes
Lease Type: Other
Sale or Lease: Sale
Year Established: 2012
Listing Terms
Cash: 1
Conventional: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Sprinkler System: 1
Asset Class
Hotel/Motel: 1
Multi-Family: 1
Specialty: 1
Building Features
Phone System: 1
TV System: 1
Land Use
Multi-Family: 1
Other: 1
Signage
Sign Freestanding: 1
Sign on Building: 1
Heating
Central: 1
Combination: 1
Natural Gas: 1
Search Tags
Special Use: 1
Laundry
In Unit: 1
Inside: 1
Laundry Closet Stacked: 1
Security Safety
Automatic Gate: 1
Carbon Monoxide Detector(s): 1
Card/Code Access: 1
Exterior Security Lights: 1
Fire Sprinklers: 1
Listing Location and Property Info
APN: 508193001
Status: Closed
Listing Date: 2019-01-01
Original List Price: 4950000
Sold Price: $4,950,000
Current Price: $4,950,000
Street #: 588
Street Name: SAN LORENZO
Street Suffix: Road
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
General Property Information
SqFt Source: Other
Lot Size: 31799
Lot Acres: 0.73
Lot Size Source: Assessor
Year Built: 2012
Cross Streets: Random Rd
Status Change Info
Status Change Date: 2019-07-01
Pending Date: 2019-01-17
Closed Date: 2019-07-01
Closed Price: 4950000
Property Features
Sale Type: Standard
Financing: Cash; Conventional
Listing Terms: Cash; Conventional
Lot Features: Sprinkler System
Asset Class: Hotel/Motel; Multi-Family; Specialty
Building Features: Phone System; TV System
Land Use: Multi-Family; Other
Signage: Sign Freestanding; Sign on Building
Heating: Central; Combination; Natural Gas
Search Tags: Special Use
Laundry: In Unit; Inside; Laundry Closet Stacked
Security Safety: Automatic Gate; Carbon Monoxide Detector(s); Card/Code Access; Exterior Security Lights; Fire Sprinklers
Listing Office:
Realty Trust
Listing Agent:
Luca Volpe
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
