754 E San Lorenzo Rd - Hospitality FOR SALE


Palm Springs, CA 92264- Taquitz Canyon River Estates
$7,000,000 USD
949-287-5854
754 E San Lorenzo Rd, Palm Springs, CA for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/8
null | 9.29% Cap Rate

754 E San Lorenzo Rd
Palm Springs, CA 92264
Taquitz Canyon River Estates


HIGHLIGHTS

  • Boutique hotel with 17 rentable units, including 12 apartment-style villas with full kitchens for higher ADR.
  • Marketed at an 11.31% cap rate with $650,427 NOI and significant upside from 3 offline units.
  • Prime Palm Springs location just 1.5 miles from Downtown and Agua Caliente Casino.
  • Mid-century estate built in 1951, frequented by Hollywood icons, with privacy-focused bungalows.
  • ±12,040 SF building on a ±0.98-acre lot featuring a central garden oasis and resort amenities.
  • Zero active advertising—100% organic demand and major growth potential through modern marketing.

OVERVIEW

Ryan Kawai Sanchez and Mitchell Glasson are pleased to present the exceptional opportunity to acquire the historic 17-key A Place In The Sun Hotel & Villas in Palm Springs, CA. Originally built as a private film production retreat in 1951, this walled-and-gated garden oasis is perfectly positioned to capture the high-ADR boutique traveler. Located just minutes from the Design District and downtown’s core, the property benefits from a steady base of high-end leisure demand driven by iconic events like Coachella, Stagecoach, and Modernism Week. The hotel also draws consistent year-round activity from the San Jacinto mountain views, world-class golf, and the city's legendary mid-century modern tourism. Additional demand is fueled by its versatile unit mix, featuring villas with full kitchens that cater to the lucrative "extended stay" and private buyout markets. With limited boutique competition offering this level of privacy and historical soul, A Place In The Sun offers investors an attractive opportunity to capture reliable, premium demand in one of the most resilient hospitality markets in the country. ***Unauthorized visits or communication with on-site staff will result in buyer disqualification*** David Harrington Matthews Real Estate Investment Services, Inc License # 02168060, 01320460 (CA) 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$564 USD /SF

# OF ROOMS

17

PRICE/ROOM

$411,765 {currency}

CAP RATE

9.29%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A Place In The Sun Palm Springs

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1951

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

C14

APN/PARCEL ID

508-191-007

ASK ABOUT THIS PROPERTY

Ryan Kawai SanchezMatthews Real Estate Investment ServicesMore Info
949-287-5854

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Ryan Kawai SanchezMatthews Real Estate Investment ServicesMore Info
949-287-5854

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.