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    Moreno Valley Hotel Conversion Opportunity
    Updated: Nov 21, 2025
    Moreno Valley Hotel Conversion Opportunity

    23090 Sunnymead Blvd, Moreno Valley, CA 92553

    $10,850,000
    29,669 sqft
    Potential for conversion to affordable/SRO housing with CUP.
    Potential tax credits due to 10+ year ownership.
    Seller familiar with the conversion process.
    Located near Highway 60 and major retail establishments.
    Well‑maintained property built in 2009.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    23090 Sunnymead Blvd, Moreno Valley, CA 92553

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $450K
      Annual

    • Mortgage

      $3M
      Sep 2020

    • Last Sold

      Jul 2008
      $950K

    • Property Type

      Hotel
      Built 2009
    View Property Analytics
    Renovated Boutique Hotel in Palm Springs
    Updated: Jul 9
    Renovated Boutique Hotel in Palm Springs

    354 E Stevens, Palm Springs, CA 92262

    $4,650,000
    18,295 sqft
    Turnkey, fully renovated 12‑room boutique hotel in Palm Springs.
    Prime location near downtown Palm Springs, dining, shopping, and entertainment.
    Extensive recent upgrades including new HVAC systems, interior/exterior improvements, and systems modernization.
    Significant investment in FF&E (furnishings, linens, decor, etc.) for a complete guest experience.
    Includes a variety of suite types: 1 two‑bedroom, 5 studio, and 6 studio plus kitchen suites.
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    Development Land with Village Commercial Zoning
    Development Land with Village Commercial Zoning

    78181 Avenida La Fonda, La Quinta, CA 92253

    $2,100,000
    0.99 AC lot

    Three consecutive lots offer a Village Commercial-zoned site for mixed-use development in La Quinta.

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    East Palm Canyon Redevelopment Opportunity
    East Palm Canyon Redevelopment Opportunity

    1201, 1243, 1269 East Palm Canyon Drive, Palm Springs, CA 92264

    $12,475,000
    4,375 sqft 1.34 AC lot

    Prime redevelopment opportunity in the East Palm Canyon Corridor.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Renovated Boutique Hotel in Palm Springs
    Renovated Boutique Hotel in Palm Springs

    354 Stevens, Palm Springs, CA 92262

    $4,650,000
    5,432 sqft 0.42 AC lot

    Turnkey 12-room hotel near downtown Palm Springs.

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    Mid-Century Boutique Hotel
    Mid-Century Boutique Hotel

    225 West Baristo Road, Palm Springs, CA 92262

    $7,295,000
    8,383 sqft

    17-room boutique hotel in a U-shaped, 2- and 1-story wood-frame building in Palm Springs’ Historic Tennis Club area.

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    Boutique Hotel Property
    Boutique Hotel Property

    2135 N Palm Canyon Drive, Palm Springs, CA 92262

    $4,495,000
    4,553 sqft

    Mid-century modern boutique hotel, fully renovated in 2014, positioned near dining and retail in northern Palm Springs.

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    Boutique Palm Springs Hotel
    Boutique Palm Springs Hotel

    754 E San Lorenzo Rd, Palm Springs, CA 92264

    $5,649,000
    12,040 sqft

    17-unit hotel with upside potential in Palm Springs, CA.

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    Palm Springs Boutique Hotel Opportunity
    Palm Springs Boutique Hotel Opportunity

    530 E Mel Ave, Palm Springs, CA 92262

    $1,950,000
    0.14 AC lot

    10-unit hotel with development potential in prime location.

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    153-Key Hotel Property
    153-Key Hotel Property

    74695 HWY 111, Palm Desert, CA 92210

    $22,900,000
    8,740 sqft

    For sale hotel with 153 keys, constructed in 2005, offering a straightforward hospitality footprint for operators and investors.

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    Turnkey Mid-Century Hotel Compound
    Turnkey Mid-Century Hotel Compound

    795 Chuckwalla Rd, Palm Springs, CA 92262

    $1,400,000

    Licensed, turnkey hotel built around a private courtyard and resort-style pool with flexible suite configuration.

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    Boutique Hotel Portfolio
    Boutique Hotel Portfolio

    1333 N. Indian Canyon Drive, Palm Springs, CA 92262

    $5,500,000

    Operating boutique guest rooms across two lifestyle assets, with support to expand total keys.

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    Palm Springs Inn & Suites
    Palm Springs Inn & Suites

    950 Indian Canyon Dr, Palm Springs, CA 92262

    $6,500,000
    1.00 AC lot

    52-room hospitality asset near downtown Palm Springs.

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    Hot Springs Hotel Investment Opportunity
    Hot Springs Hotel Investment Opportunity

    67485 Hacienda Ave, Desert Hot Springs, CA 92240

    $5,690,000

    Recently renovated 40-key hotel with natural mineral hot springs.

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    Econo Lodge Hotel For Sale
    Econo Lodge Hotel For Sale

    24412 Sunnymead Boulevard, Moreno Valley, CA 92553

    $6,549,000
    20,530 sqft 0.81 AC lot

    Profitable 55-room hotel with high visibility and growth potential.

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    Boutique Hotel in Palm Springs
    Boutique Hotel in Palm Springs

    310 Palm Canyon Dr, Palm Springs, CA 92264

    $3,900,000

    Restored mid-century hotel with mountain views and central pool.

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    Resort-Style Hospitality Property
    Resort-Style Hospitality Property

    55860 Haugen Lehman Way, Whitewater, CA 92282

    $8,450,000
    64,570 sqft 7.23 AC lot

    Multi-building hospitality campus with high ceilings and an aquatics center, suited for resorts, hotels, or mixed-use concepts.

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    Palm Springs Hotel For Sale
    Palm Springs Hotel For Sale

    1700 South Palm Canyon Drive, Palm Springs, CA 92264

    Contact for pricing

    For-sale hospitality property on South Palm Canyon Drive, available for virtual tour and due diligence.

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    Days Inn Riverside Tyler Mall
    Days Inn Riverside Tyler Mall

    10545 Magnolia Ave, Riverside, CA 92505

    Contact for pricing

    66-room hotel near Galleria at Tyler shopping mall.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Riverside County, CA, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Riverside County, CA

    Consider similar Off-Market properties in Riverside County, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2421 Hobsonway
    HOTEL

    2421 Hobsonway, Blythe, CA 92225

    Value Estimation by Request
    12,388 sqft 1.87 AC lot
    View details
    30140 Town Ctr Dr
    HOTEL

    30140 Town Ctr Dr, Menifee, CA 92584-6894

    $4,390,000
    Estimated value
    63,039 sqft 2.80 AC lot
    View details
    9878 Magnolia Ave
    HOTEL

    9878 Magnolia Ave, Riverside, CA 92503-3524

    $585,000
    Estimated value
    10,260 sqft 0.60 AC lot
    View details
    939 Hobsonway
    HOTEL

    939 Hobsonway, Blythe, CA 92225-1814

    Value Estimation by Request
    4,347 sqft 0.46 AC lot
    View details
    960 Palm Cyn Dr
    HOTEL

    960 Palm Cyn Dr, Palm Springs, CA 92262-4422

    Value Estimation by Request
    8,019 sqft 1.19 AC lot
    View details

    Riverside County, CA Hotels Market Trends and Statistics

    Explore 72 hotels for sale in Riverside County, CA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 176,587 square feet of properties for sale, with an estimated market value of $87,963,000.

    Sale prices for resorts in Riverside County, CA start at $4,495,000, averaging $8,796,300, and reaching up to $22,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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