12921 Tamar Drive
$5,450,000
21
21
11,257
11,257
$484
Description
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...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!
- Listed by Adam Gilbert • DRE #01914157 • The Firm Brokerage
- Listed by Joel Handshuh • DRE #02162825 • The Firm Brokerage
Property Details for 12921 Tamar Drive
Subdivision Name
Not Applicable-1
Carport Spaces.00
Garage Spaces.00
ViewDesert, Mountain(s)
Cross StreetMircale Hill Rd & Hacienda Ave
LISTING UPDATED: 12/05/2024 02:11 PM
Property Details for 12921 Tamar Drive
Status | Active |
---|---|
MLS # | 219120939 |
Days on Market | 12 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
Lot Size | 0.00 AC / 0 SF |
County | Riverside County |
Building Information for 12921 Tamar Drive
Stories2Residences-Year Built1960Building Size-Lot Size0.00 AC / 0 SF
Property Information for 12921 Tamar Drive
Property History for 12921 Tamar Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 12921 Tamar Drive
Taxable ValueLand$250,990Additions$1,220,325Total$1,471,315
Tax Record2024$19,073 ($1,589 / month)
Home Facts
Total Finished SqFt10,400 SqFtAbove Grade Finished SqFt10,400 SqFtStories2Lot Size23,522 SqFtStyleHotel / MotelYear Built1964ZoningVSCountyRIVERSIDEAPN642-082-004
Schools near 12921 Tamar Drive
This home is within Palm Springs Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Cabot Yerxa Elementary School PublicK to 5 | ||
Desert Springs Middle School Public6 to 8 | ||
Desert Hot Springs High School Public9 to 12 | ||
Bella Vista Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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