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Property profile & analytics
FOR SALE
Hotels
354 E Stevens Rd Palm Springs, CA 92262
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-5222077
For Sale
1 / 66
$4,650,000
354 E Stevens Rd, Palm Springs, CA 92262
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1956
Construction
WOOD
Total area
5,392 SF
Lot
0.42 ac (18,295 SF)
Zoning code
R3
APN
507-030-014
UPID
US09-5222077
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
-
Jazz Hotel Palm Springs Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
Annick Laberge · 3 yrs held
Annick Laberge
since 2023
Last sale
$2.2M
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
$1,525,000
ML approach
$1,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $2.20M (May 19 2023)
Last sale anchor
$2.20M
May 19 2023
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
$310 / 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
$29,265
Tax year 2024
Assessed value
$2,244,000
Assessed 2024
Previous assessed
$2,244,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$816,000
Assessed improvement
$1,428,000
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Units
12
Total area
5,392 SF
Lot
0.42 ac (18,295 SF)
Zoning code
R3
APN
507-030-014
UPID
US09-5222077
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Units
12
Lot
0.42 ac
Current owner
From public records · entity-resolved
Annick Laberge
Individual
Mailing address
354 E STEVENS RD, PALM SPRINGS, CA 92262-4736
Mailing matches property
Yes
Owner-occupied
Yes
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
$2,200,000
Annick Laberge
354 East Stevens LLC
Grant Deed
$1,350,000 · The Gemfinco Trust
Oct 6, 2021
$1,900,000
354 East Stevens LLC
Avanti Hotel LLC
Grant Deed
—
May 1, 2012
$1,050,000
Avanti Hotel LLC
Yellow Dunes LLC
Grant Deed
$800,000 · Yellow Dunes LLC
Jun 17, 2009
—
Yellow Dunes LLC
Weir,john
Grant Deed
—
May 1, 2009
$1,009,090
John Weir
Chami,dimitri
Grant Deed
—
May 4, 2007
$860,000
Dimitri Chami
Ss Funding INC
Grant Deed
$602,000 · Surfside Funding Corp
Jul 25, 2006
$100,000
Ss Funding INC
—
Trustees Deed
related
—
Mar 25, 2005
—
Jeffrey S Bomaster
Gentle,andrew J
Grant Deed
—
Mar 25, 2005
$1,215,000
Jeffrey S Bomaster
Tiki Resorts INC
Grant Deed
$805,000 · Surfside Funding Corp
Sep 7, 2001
$635,000
Tiki Resorts INC
Indianola Ptshp
Grant Deed
$349,000 · Dolmatsky Trust
Sep 17, 1999
$385,000
Indianola Ptshp
Beitzel Trust
Grant Deed
$308,000 · Far East National Bank
Oct 13, 1994
$230,000
Beitzel Trust
Bescos,paul
Grant Deed
$85,000 · Seller
—
—
Beitzel Trust
—
Deed Of Trust
related
$200,000 · Imperial Bank
—
—
Indianola Lodge
—
Deed Of Trust
related
$60,000 · Far East National Bank
—
—
Tiki Resorts INC
—
Deed Of Trust
related
$400,000 · Alfred Investments Gp
—
—
Beitzel Trust
—
Deed Of Trust
related
$240,000 · Capitol Thrift & Loan
—
—
Tiki Resorts INC
—
Deed Of Trust
related
$265,000 · Value Home Loan
—
—
Tiki Resorts INC
—
Deed Of Trust
related
$30,000 · George & Margot E Wilfert
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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