Used to be Boutique Hotel & Day Spa – Exceptional Development Opportunity! Now offered at $799000, this recently remodeled and tastefully upgraded 4 plex plus a studio sits on 2 lots , located in the sought-after hot mineral water zone of Desert Hot Springs (DHS). Current Configuration (4 + 1 Units): 1 x 2 bed / 1 bath with full kitchen 3 x 1 bed / 1 bath units, each with a kitchen 1 studio with 1 bath and a kitchenette Highlights: Existing mineral hot water well – No need to drill! Existing swimming pool Total of 10 parcels are also available for $1.5 mil -and the seller will finance – Ideal for expansion or new development APN#s: 642-001-001, 642-001-002, 642-001-003, 642-202-008, 642-202-009, 642-202-010, 642-202-011, 642-202-012, 642-202-013, 642-202-014 Certificate of Occupancy for a hotel /spa-previuous use , was issued back on 04/04/2024 Currently not operating as a licensed hotel and day spa but leased on a long -term , annual rent base. The City of Desert Hot Springs no longer allows new hot mineral water wells unless specific setbacks from property lines and sewer lines are met. However, this property already has a fully functional existing well, making it a rare and valuable asset. Bonus: The City has conceptually approved renderings (available upon request) for an expansion to a 33-room hotel! Contact Listing Agent for more information and to schedule a private showing.