354 Stevens E, Palm Springs, CA

$4,650,000

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18,295

Square feet

About 354 Stevens E

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 Key infrastructure work includes removal of outdated wall units and heaters and installation of 16 energy efficient mini split HVAC systems, along with upgraded electrical and exterior improvements.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, décor, 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. Hotel has 1 two bedroom suite, 5 studio suites and 6 studio plus kitchen suites.

Features of 354 Stevens E

MLS® # 219148167
Price $4,650,000
Square Footage 18,295
Year Built 1956
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information

Address 354 Stevens E
Area 332 - Palm Springs Central
City Palm Springs
County Riverside
State CA
Zip Code 92262-4799

Amenities

Parking Asphalt, On Site, Open, Parking Lot, Unassigned
Has Pool No

Interior

Fireplace No

Exterior

Lot Description 18295

Additional Information

Days on Market 49
Short Sale No
RE / Bank Owned No

Listing Details

AgentBronwen Campbell
OfficeEngel & Volkers Palm Desert

Listing Map

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