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Renovated Boutique Hotel in Palm Springs

354 Stevens Palm Springs, CA 92262

Claim this Listing
For Sale
$4,650,000

Turnkey 12-room hotel near downtown Palm Springs.

Type:Commercial
Property size:
5,432 SF
Lot size:
0.42 Acres
Price / SF:
$856/SF
Added:
May 21, 2026
Days on Market:
53
Last Refresh:
Jul 2 at 9:55 am

Property Features for 354 Stevens

General Information

Standard status
Active
Size
5,432 SF
Lot size
0.42 Acres
Property subtype
Commercial

Building Details

Year Built
1956

Listing office

Listing date May 21, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Roger


Investment Insights

Based on property information with market context.

The Jazz Hotel is a fully renovated, single-story boutique hotel featuring 12 guest rooms on 0.42 acres in Palm Springs. Originally built around 1954, the property offers approximately 5,432 square feet, including an office, fitness room, pool, spa, and outdoor patio areas. Recent upgrades encompass interior and exterior paint, flooring improvements, bathroom updates, lighting upgrades, pool and spa enhancements, courtyard improvements, and extensive systems modernization. Key infrastructure work includes the installation of 16 energy-efficient mini-split HVAC systems, along with upgraded electrical and exterior improvements, replacing outdated wall units and heaters. Significant investment in FF&E includes new furnishings, linens, decor, signage, outdoor lounge furniture, fitness equipment, and guest amenities, creating a turnkey boutique hospitality opportunity. The hotel is located near downtown Palm Springs, with convenient access to dining, shopping, and entertainment. The location has a bike score of 42, indicating it is somewhat bikeable, a walk score of 59, indicating it is somewhat walkable, and a transit score of 32, indicating some transit options are available.

Key Highlights

  • Fully renovated 12‑room boutique hotel, offering a turnkey hospitality opportunity.
  • Prime location near downtown Palm Springs, close to dining, shopping, and entertainment.
  • Extensive systems modernization, including 16 energy‑efficient mini‑split HVAC systems.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Jazz Hotel Palm ... Hotel & Motel

Suggested Use

Auto Repair Shop Big Box & Wholesale Store Building Supply Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center Garden Center Nail Salon Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Hotel - Turnkey 12-room hotel near downtown Palm Springs.
Where is this hotel located?
The property is located at 354 Stevens Palm Springs, CA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Fully renovated 12‑room boutique hotel, offering a turnkey hospitality opportunity.; Prime location near downtown Palm Springs, close to dining, shopping, and entertainment.; Extensive systems modernization, including 16 energy‑efficient mini‑split HVAC systems.
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