CA > Desert Hot Springs
Desert Hot Springs, CA 92240,12921 Tamar DR
Desert Hot Springs, CA 92240,12921 Tamar DR
Desert Hot Springs, CA 92240,12921 Tamar DR
20
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$5,450,000
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21 BD
21 BA
11,257 SqFt
New

12921 Tamar DR Desert Hot Springs, CA 92240

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Michelle M Randazzo

Michelle M Randazzo

+1(702) 412-1049

UPDATED:

12/05/2024 09:21 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,257 sqft

Price per Sqft $484

MLS Listing ID 219120939PS

Bedrooms 21

Full Baths 21

Year Built 1960

Property 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 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!

Location

State CA

County Riverside

Area Desert Hot Springs

Interior

Heating Central

Cooling Air Conditioning, Central

Flooring Other

Exterior

Parking Features Parking for Guests

Garage Spaces 24.0

Pool In Ground, Private

View Y/N Yes

View Desert, Mountains, Pool, Valley

Building

Story 2

Sewer In Connected and Paid

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Firm Brokerage

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Michelle M Randazzo

REALTOR® | RE.0196837

+1(702) 412-1049

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12921 Tamar DR