Licensed Hotel with Saltwater
520 Chuckwalla Road Palm Springs, CA 92262
For Sale
$1,595,000
Active, licensed hotel property with six suites, saltwater pool and spa, plus nine on-site parking spaces.
Property Size20,909 SF
Price / SF$76.28
Days on Market24
Property Features for 520 Chuckwalla Road
General Information
- Standard status
- Active
- Size
- 20,909 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1948
Listing Agency:
Realty Trust
(760) 327-8000
Listed By:
Scott Timberlake
Source:
Xome
Added: Jul 3
Changed: Jul 24
Last Checked: Jul 26 at 3:15AM
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 Realty Trust
Investment Insights
Based on property information with market context.
Behind privacy walls in Palm Springs, this Spanish-style estate operates as an active, licensed hotel property. The property features six suites configured across private retreats and shared entertaining spaces, including a saltwater pool and spa, a fire pit, and an outdoor granite kitchen. Interior features noted in the remarks include designer furnishings, gas fireplaces, and fully updated bathrooms.
The offering includes nine on-site parking spaces supporting guest arrivals, along with two additional vacant lots under the same parcel number for potential future expansion. Owned solar is noted as part of the property’s operating setup. The courtyard setting is described as framed by palms with unobstructed mountain views, with the property positioned moments from downtown Palm Springs dining and nightlife.
The offering includes nine on-site parking spaces supporting guest arrivals, along with two additional vacant lots under the same parcel number for potential future expansion. Owned solar is noted as part of the property’s operating setup. The courtyard setting is described as framed by palms with unobstructed mountain views, with the property positioned moments from downtown Palm Springs dining and nightlife.
Key Highlights
- Active, licensed hotel property with six suites featuring 6 bedrooms and 6 baths
- 20,909 sq ft Spanish‑style estate with a lush courtyard and unobstructed mountain views
- Resort‑style outdoor amenities include a saltwater pool, spa, fire pit, and an outdoor granite kitchen
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.6k | $15.00 |
| − Vacancy | −$43.9k | −$2.10 |
| EGI | $269.7k | $12.90 |
| − OpEx | −$141.6k | −$6.77 |
| NOI | $128.1k | $6.13 |
20,909 SF · lease $15.00/SF/yr · vacancy 14.00% · expense 52.50%
Alternative Uses
Best Use
Apartment 5plus
$4.83M
$4.23M – $5.64M
NOI $338,444 @ 7.0% cap · market cap 21.22%
Second Best
Hotel Hospitality
$1.83M
$1.60M – $2.14M
NOI $128,120 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$6.26M
$5.48M – $7.31M
NOI $438,479 @ 7.0% cap · market cap 27.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - Active, licensed hotel property with six suites, saltwater pool and spa, plus nine on-site parking spaces.
Where is this hotel located?
The property is located at 520 Chuckwalla Road Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Active, licensed hotel property with six suites featuring 6 bedrooms and 6 baths; 20,909 sq ft Spanish‑style estate with a lush courtyard and unobstructed mountain views; Resort‑style outdoor amenities include a saltwater pool, spa, fire pit, and an outdoor granite kitchen
