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13060 LA SALLE Road $5,000,000

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    13060 LA SALLE Road Desert Hot Springs, CA 92240

    • 0 Beds
    • 0 Baths
    • 10,897 sq. ft.
    • Multi-Family
    • MLS# 22123027
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    Views: 29 Days On Market: 312

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    Property Details

    Description Tours

    NEW TO MARKET: 10 room hotel luxuriously built in 2015; all ten rooms equipped with a private patio and natural hot mineral spring water spa. Recently installed five electric vehicle charging stations. This is an excellent value-add investment opportunity (ex. AirBNB, corporate events, banquet, group retreat, private use, etc.) in Desert Hot Springs, CA just waiting for a creative investor to make their entrepreneurial dreams come true. As Health & Wellness Tourism is set to explode in the upcoming post-pandemic era this excellent opportunity to purchase a natural mineral hot spring hotel is available. The hotel has a beautiful mineral water pool and hot tub. The natural hot springs that flow into the pool and spa are known to be the finest mineral waters in the world, rejuvenating for the body and mind promoting wellness on all levels. Hotel is located in Desert Hot Springs which is a small desert community with shops, restaurants, and options for outdoor activities. There are six golf courses in Desert Hot Springs. 11 mile drive to Palm Springs, 12 miles from Palm Springs International Airport and 20 miles from Palm Desert. Plenty of options for shopping, eating, golfing, site seeing(Cabot's Pueblo Museum, Joshua Tree, etc.) and relaxation all within 20 miles of the property.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • County Or Parish Riverside
      • Number Of Buildings 1
      • Number Of Units Total 10
      • YearBuilt 2015
    • Building Features
      • Cooling Central Air
      • Heating Central
    • Property Features
      • Lot Size Acres 0.76
      • Parking Total 16.00

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    Neighborhood

    92240 (Desert Hot Springs) Demographics

    37 Median Age
    981 Population Density (per sq. mile)
    23% College Educated
    $40,456 Estimated Median Income
    6,801 Estimated Total Home Owners
    6,154 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    36,214 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $370,000 Median Sales Price
    51 Homes Sold
    72 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,000,000
        1/30/2022 4:02:00 PM New in Database Source: Multiple Listing Service New Value: $5,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/8/2022 3:48:51 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.