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    1586 Palm Cyn Dr Palm Springs, CA 92264-9118
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    Property profile & analytics

    1586 Palm Cyn Dr, Palm Springs, CA 92264-9118

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    • Hotels
    • 4,605 SF
    • 0.47 lot acres
    Off-Market
    Last Sale May 6, 2022
    $5,150,000
    Property ID
    US09-3320816
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,995,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dive Palm Springs / Hotel & Motel

    Property Details for 1586 Palm Cyn Dr

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Zone code
    R3
    Property type
    Hotels
    APN
    508-453-006
    APU
    508453006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 6, 2022 $5,150,000 Dive Management LLC Dive Palm Springs LLC Grant Deed $2.8M · Farmers & Merchants Bank Of Long Be
    Feb 28, 2019 $1,910,000 Dive Palm Springs LLC June Terry Grant Deed $1.7M · Sun Community FCU
    Dec 16, 2013 $1,050,000 Frank Mitchell Young Thomas H Elefson Grant Deed $735k · Capital Bank
    Feb 13, 1998 $380,000 Thomas H Elefson Drawert,gary & Charlotte W Grant Deed $285k · Valley Independent Bank
    Feb 21, 1996 $315,000 Gary Drawert Womens Medical Group Of Desert Grant Deed $270k · Seller
    Oct 27, 1995 $100,000 Womens Medical Group Corporation Services INC Trustees Deed —
    — — Thomas H Elefson — Deed Of Trust · related $390k · Pacific Western National Bank
    — — Thomas H Elefson — Deed Of Trust · related $320k · Pacific Premier Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,585,000
      ML approach
      $3,635,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,306,000
      Market price range: $1.20M - $5.31M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,035,000
      Current use
      COMMERCIAL (GENERAL)
      $4,715,000
      Change: +55% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,965,000
      Change: +31% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.53
    Latitude
    33.8018
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $64,165
    $639,846
    $4,551,750
    $5,191,596
    -
    $0.00
    $0.00
    $0.00
    More about this property
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