Active

12801 Tamar Drive

Desert Hot Springs CA, 92240

$1,950,000


Active

Commercial

Built in 1961

Listed by Brian Palmer with BP Homes 760-406-1492

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.

219107498DA

MLS ID

May 9, 2024

Updated

Map

12801 Tamar Drive
Desert Hot Springs CA, 92240

Interior Features

Fireplace

No


Cooling

No


Heating

Yes

Exterior/Building Features

Lot Size

0.57 Acres

Other Property Details

Area Name

340 - Desert Hot Springs


Days on Market

33


Garage

No


Parking Total

0


View

No


County

Riverside


Pool

No


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

3/30/2024

Active

3/7/2024

Under Contract

Listing Contact: 760-406-1492 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:07 PM UTC

 

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