12801 Tamar Drive Desert Hot Springs, CA $ 1,950,000
12801 Tamar Drive
$ 1,950,000
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12801 Tamar Drive

Desert Hot Springs, CA, 92240
$ 1,950,000
Baths0.0

Monthly Estimate*

$ 13,621

Listed by BP Homes
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Studio

Commercial Property for sale in Desert Hot Springs, CA

for $1,950,000. This building was built in 1961 on a lot size of 0.57.

Lido Palms Located at 12801 Tamar Dr, Desert Hot Springs, CA 92240 is an investment opportunity to own a mineral hot springs hotel in the heart of Desert Hot Springs, California. This hotel is ready day one and the location offers some of the most incredible views.The subject property comprises a 10-room resort and spa with spa treatment rooms, owners/managers units, and generous poolside areas for quiet relaxation. Lido Palms has a welcoming lobby, front desk, back office, storage room, and a large pool with outside and indoor spa area. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch.Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters. Lido Palms, with its immaculate appearance, superb condition, and excellent location, should continue to enjoy increased occupancy and profitability.

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Commercial Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.57

Year Built

1961

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

219107498DA

Days on Market

74

Features
General
HOA 0.0
Year Built 1961
Business Type Hospitality
County Riverside
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Contingency Inspection
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Tamar
City Desert Hot Springs
View Y/N N
Senior Community Y/N N
MLS Area 340 - Desert Hot Springs
Lot Size Square Feet 24829.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Tamar
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 33
Standard Status Active
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Exterior
Total Parking 0.0
Lot Size Area 24829.0
Spa N
Lot Size Acres 0.57
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 12801
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* Excluded Features
List By
Bp Homes

Broker

(760) 406-1492

Phone

Affordability Calculator

$13,621
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,621
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$1,950,000 Listed Price

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12801 Tamar Drive, Desert Hot Springs, CA, 92240 is a Commercial Property for sale at $1,950,000 with a lot size of 0.57. 12801 Tamar Drive is a studio with 0.0 baths and was built in 1961. The property's zip code is 92240 which is in Desert Hot Springs, CA