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Property profile & analytics
FOR LEASE
Hotels
150 South Indian Canyon Dr, Palm Springs, CA 92262
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2317132
For Lease
1 / 36
$1,800/Mo
150 South Indian Canyon Dr, Palm Springs, CA 92262
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1983
Construction
STEEL FRAME
Total area
197,189 SF
Lot
3.51 ac (152,895 SF)
APN
009-607-579
UPID
US09-2317132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lotus Spa Zoso Spa & Massage Center
-
Pretty Faces Nightclub Nightclub DJ & Entertainment
-
Flamingo Pool Party Swimming Pool Hardware & Home Improvement
-
Encore Rental Equipment Company Tech Support Center
-
Gay Pool Palm Springs Swimming Pool Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.64M
Blend (final)
Blend
$9.67M
Owner & transaction history
Rcc Hr Holdings LLC · 5 yrs held
Rcc Hr Holdings LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.67M
Range $8.70M – $10.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$66,378
Tax year 2024
Assessed value
$5,413,221
Assessed 2024
Previous assessed
$5,413,221
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,379,570
Assessed improvement
$4,033,651
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
For Lease
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
197,189 SF
Lot
3.51 ac (152,895 SF)
APN
009-607-579
UPID
US09-2317132
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
3.51 ac
Current owner
From public records · entity-resolved
Rcc Hr Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
18230 E VLY HWY STE #195, KENT, WA 98032-1232
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
—
Rcc Hr Holdings LLC
Rcc Real Estate INC
Quitclaim Deed
related
—
Jul 22, 2016
—
Kittridge Hotels & Resorts LLC
—
Deed
related
$20,800,000 · Rcc R/e
Feb 5, 2013
—
Hotel Zoso LLC
—
Deed Of Trust
related
$20,800,000 · Resource R/e Fndg Cdo 2006-1 L
Nov 19, 2007
—
Aphm Zoso LLC
USA Investors Vi LLC
Grant Deed
related
—
Mar 31, 2004
—
USA Investors Vi LLC
Vibc Services Co
Grant Deed
related
—
—
—
Aphm Zoso LLC
—
Deed Of Trust
related
$20,800,000 · Rcc Real Estate INC
—
—
Aph Zoso LLC
—
Deed Of Trust
related
$20,800,000 · Resource Real Estate INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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