777 E SAN LORENZO Road, Palm Springs, CA 92264
$1,334,405
Property Type:
Residential Income
Lot Size (sq. ft.):
11,138
Status:
Closed
Current Price:
$1,334,405
List Date:
9/25/2015
Last Modified:
5/14/2026
Description
Hotel (formerly the San Lorenzo Inn)/ Apartments units with full kitchens and covered off street parking. great location and views. Exceptional attached Residence (Owners Unit) with 7 others for rental Income. Large landscaped lot with pool and spa. Contact listing agent for current and projected income and expenses. Resort ambiance, operate all units as vacation rentals to maximize income, exceptional upside. No Land lease, storage and laundry on site. Separate office for on site management or check ins. Fully leased, three (3) furnished units rented as vacation rentals and always in demand. Well maintained property with upside. Currently 8 units with kitchens, possible to add restrooms and increase room count (some without kitchens) subject to city approval. Rent roll and Income & Expense Statement attached to listing.
More Information MLS# 15943989
Listing, Location and Property Info
Entry Date: 2015-09-22
Land Type: Fee
Builders Tract Code: 7000
General Property Information
Total Units: 8
Pool: Yes
Lot Acres: 0.26
Lot Size: 11140
Lot Size Source: Assessor
Year Built: 1970
Listing Info
Number of Buildings: 2
Laundry: Yes
Laundry Equipment: Own
Elevator: No
Property Info
View: Yes
Gated Community: No
Income & Expenses
Actual Total Rent $: 136838
Annual Gross Rent $: 136838
Gross Annual Income $: 136838
Gross Income $: 136838
Gross Operating Income $: 136838
Net Operating Income $: 85484.73
Total Annual Operating Expenses $: 136838
Vacancy Allowance % or $: 0
Owner Pays
Electricity: 1
Gardener: 1
Gas: 1
Pool Service: 1
Water: 1
Tenant Pays
Cable TV: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Possession
Close Of Escrow: 1
Parking Spaces/Information
Total Covered Spaces: 8
View Type
Mountain(s): 1
Property Orientation Faces
Front Door Faces North: 1
Property Condition
Updated/Remodeled: 1
Levels
One: 1
Appliances
Dishwasher: 1
Gas Oven: 1
Refrigerator: 1
Water Line to Refrigerator: 1
Kitchen Features
Granite Counters: 1
Island: 1
Pantry: 1
Tile Counters: 1
Bedroom Features
All Bedrooms Down: 1
Main Floor Bedroom: 1
Walk In Closet: 1
Bathroom Features
Double Vanity(s): 1
Remodeled: 1
Shower Over Tub: 1
Shower Stall: 1
Foundation
Slab: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Laminate: 1
Stained Concrete: 1
Tile: 1
Cooling Type
Air Conditioning: 1
Ceiling Fan(s): 1
Central Air: 1
Pool Location
Community: 1
Pool Construction
In Ground: 1
Pool Description
Community: 1
Gas Heated: 1
Heated: 1
In Ground: 1
Spa Hot Tub Construction
In Ground: 1
Spa Hot Tub Description
Community: 1
Heated: 1
Heated - Gas: 1
Heating
Central: 1
Forced Air: 1
Fireplace Location
Living Room: 1
Interior Features
Cathedral Ceiling(s): 1
Track Lighting: 1
Wet Bar: 1
Laundry
Community: 1
Individual Room: 1
Outside: 1
Security Safety
Gated Community: 1
Window Treatments
Double Pane Windows: 1
Screens: 1
Patio Features
Concrete Slab: 1
Covered: 1
Sewer
In, Connected and Paid: 1
Parking
Assigned: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 508192028
Status: Closed
Listing Date: 2015-09-22
Original List Price: 1395000
Sold Price: $1,334,405
Current Price: $1,334,405
Street #: 777
Street Direction: E
Street Name: SAN LORENZO
Street Suffix: Road
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Neighborhood: Tahquitz River Estates
Status Change Info
Status Change Date: 2015-11-25
Pending Date: 2015-09-30
Closed Date: 2015-11-25
Closed Price: 1334405
Parking SpacesInformation
Total Carport Spaces: 8
Total Parking Spaces: 8
Property Features
Owner Pays: Electricity; Gardener; Gas; Pool Service; Water
Tenant Pays: Cable TV
Sale Type: Standard
Listing Terms: Cash
Possession: Close Of Escrow
View Type: Mountain(s)
Property Orientation Faces: Front Door Faces North
Property Condition: Updated/Remodeled
Levels: One
Appliances: Dishwasher; Gas Oven; Refrigerator; Water Line to Refrigerator
Kitchen Features: Granite Counters; Island; Pantry; Tile Counters
Bedroom Features: All Bedrooms Down; Main Floor Bedroom; Walk In Closet
Bathroom Features: Double Vanity(s); Remodeled; Shower Over Tub; Shower Stall
Foundation: Slab
Flooring: Carpet; Ceramic Tile; Laminate; Stained Concrete; Tile
Cooling Type: Air Conditioning; Ceiling Fan(s); Central Air
Pool Location: Community
Pool Construction: In Ground
Pool Description: Community; Gas Heated; Heated; In Ground
Spa Hot Tub Construction: In Ground
Spa Hot Tub Description: Community; Heated; Heated - Gas
Heating: Central; Forced Air
Fireplace Location: Living Room
Interior Features: Cathedral Ceiling(s); Track Lighting; Wet Bar
Laundry: Community; Individual Room; Outside
Security Safety: Gated Community
Window Treatments: Double Pane Windows; Screens
Patio Features: Concrete Slab; Covered
Sewer: In, Connected and Paid
Parking: Assigned
Land Lease Type: Fee Simple
Listing Office:
Realty Trust
Listing Agent:
Scott Timberlake
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
