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Property profile & analytics
FOR SALE
Hotels
225 West Baristo Rd Palm Springs, CA 92262
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0903016
For Sale
1 / 32
$7,295,000
225 West Baristo Rd, Palm Springs, CA 92262
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1947
Construction
WOOD
Total area
9,015 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R3
APN
513-202-002
UPID
US09-0903016
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
-
Del Marcos Hotel, A Kirkwood Collection Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
225 W Baristo Rd LLC · 3 yrs held
225 W Baristo Rd LLC
since 2023
Last sale
$7.0M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,673
Tax year 2024
Assessed value
$1,179,717
Assessed 2024
Previous assessed
$1,179,717
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$275,000
Assessed improvement
$904,717
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
1947
Construction
WOOD
Heating
NONE
Stories
2
Units
16
Total area
9,015 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R3
APN
513-202-002
UPID
US09-0903016
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Springs, CA
Zoning 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
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
NONE
Stories
2
Units
16
Lot
0.47 ac
Current owner
From public records · entity-resolved
225 W Baristo Rd LLC
Entity
Mailing address
301 N CANON DR STE #302, BEVERLY HILLS, CA 90210-4724
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 12, 2023
$6,970,000
225 W Baristo Rd LLC
Martini Madness LLC
Grant Deed
—
Jun 28, 2016
—
Martini Madness LLC
—
Deed
related
$1,575,000 · Premier Busn Bk
Oct 8, 2014
—
Martini Madness LLC
Nola Properties LLC
Quit Claim Deed
related
—
Sep 23, 2009
$750,000
Nola Properties LLC
Martini Madness LLC
Grant Deed
—
Nov 22, 2006
—
Martini Madness LLC
Mellum,eric D
Grant Deed
—
Mar 28, 2003
$1,250,000
Eric D Mellum
Kbh Investments INC
Grant Deed
$812,500 · Temecula Valley Bank NA
Mar 18, 1998
$615,000
Kbh Inestments INC
Hinde,lola
Grant Deed
$415,000 · Seller
Apr 18, 1996
$435,000
Lola Hinde
Early Trust
Grant Deed
$235,000 · Seller
—
—
Kbh Investments INC
—
Deed Of Trust
related
$479,500 · Hemet Federal Savings & Loan
—
—
Martini Madness LLC
—
Loan Modification
related
$1,575,000 · Premier Busn Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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