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Property profile & analytics
FOR SALE
Hotels
1700 S Palm Canyon Dr Palm Springs, CA 92264
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2935553
For Sale
1 / 10
$4,665,000
1700 S Palm Canyon Dr, Palm Springs, CA 92264
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1966
Construction
WOOD
Total area
26,088 SF
Lot
1.26 ac (54,885 SF)
Zoning code
R3
APN
511-060-001
UPID
US10-2935553
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
-
1700 S Palm Canyon Dr, Palm Springs, CA 92264, Verenigde Staten Hotel & Motel
-
Minerva's at Life House Palm Springs Restaurant
-
Life House, Palm Springs Hotel & Motel
-
Royal Sun Palm Springs Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.67M
Owner & transaction history
Ps Propco LLC · 4 yrs held
Ps Propco LLC
since 2021
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
R3 · Palm Springs, CA
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
$4,665,000
ML approach
$5,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.67M
Range $4.20M – $5.13M · ±10% · vs last sale $5.60M (Dec 22 2021)
Last sale anchor
$5.60M
Dec 22 2021
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
$179 / 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
$77,398
Tax year 2024
Assessed value
$5,827,185
Assessed 2024
Previous assessed
$5,827,185
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,019,592
Assessed improvement
$4,807,593
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 Sale
Year built
1966
Construction
WOOD
Heating
NONE
Stories
3
Units
66
Total area
26,088 SF
Lot
1.26 ac (54,885 SF)
Zoning code
R3
APN
511-060-001
UPID
US10-2935553
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Springs, CAZoning R3 · permitted uses
R3 · Palm Springs, CA
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
1966
Construction
WOOD
Heating
NONE
Stories
3
Units
66
Lot
1.26 ac
Current owner
From public records · entity-resolved
Ps Propco LLC
Entity
Mailing address
33 IRVING PL FL, NEW YORK, NY 10003-2332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Ps Propco LLC
—
Deed
related
$10,300,000 · Rra Real Estate Debt Fund II Subsidiary
Dec 22, 2021
$5,600,000
Ps Propco LLC
Royal Sun Inn LLC
Grant Deed
$3,575,000 · Reit LLC
Sep 18, 2019
—
Royal Sun Inn LLC
—
Deed
related
$1,554,700 · Commercial Bk/ca
Dec 5, 2003
$3,140,000
Royal Sun Inn LLC
Rgc
Grant Deed
$2,041,000 · Saehan Bank
Jul 10, 2003
$1,000,000
Rgc
Howard,tr
Grant Deed
$1,500,000 · Canyon National Bank
Jun 29, 1995
$900,000
Cross Trust
Shirley Blinder
—
—
—
—
Royal Sun Inn LLC
—
Deed Of Trust
related
$1,554,700 · Commercial Bk/ca
—
—
Royal Sun Inn LLC
—
Deed Of Trust
related
$834,000 · Zions First National Bank
—
—
Royal Sun Inn LLC
—
Deed Of Trust
related
$834,000 · Zions First National Bank
—
—
Royal Sun Inn LLC
—
Deed Of Trust
related
$859,000 · Cdc Small Business Finance Co
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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