Renovated Boutique Hotel in Palm
For Sale
$4,650,000
354 Stevens, Palm Springs, CA 92262
Turnkey 12-room hotel near downtown Palm Springs.
Property Size5,432 SF
Lot Size0.42 Acres
Price / SF$856.04
Days on Market123
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 Agency:
Engel & Volkers Palm Desert
(909) 361-6129
Listed By:
Bronwen Campbell
(714) 731-3777
Source:
Sevengables
Added: Apr 26
Changed: Aug 23
Last Checked: Aug 26 at 9:17AM
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 Engel & Volkers Palm Desert
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of 16 energy-efficient mini-split HVAC systems, along with upgraded electrical and exterior improvements, replacing outdated wall units and heaters.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
Current Use
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
