354 E Stevens Rd
- Prime Palm Springs Location: Located at 354 E Stevens Rd, The Jazz Hotel benefits from proximity to shopping, restaurants, galleries, nightlife, and major tourist attractions. The location supports strong year-round leisure demand and boutique hotel performance.
- Renovated Boutique Asset: Current ownership invested approximately $432,000 into renovations and improvements throughout the property, repositioning the hotel as a refreshed independent boutique hospitality offering.
- Intimate 12-Room Experience: The property features 12 guest rooms totaling approximately 5,432 square feet on a 0.42-acre site, allowing for a personalized guest experience and efficient owner-operator management.
- Resort-Style Amenities: Amenities include an outdoor pool and hot tub, fitness room, patio lounge areas, fenced yard, and on-site parking designed to enhance the Palm Springs leisure experience.
- Turn-Key Independent Operation: The Jazz Hotel operates as an independent limited service boutique hotel ideally suited for an owner operator or regional hospitality investor seeking operational flexibility.
- Strong Palm Springs Market: Palm Springs continues to benefit from strong tourism demand, convention activity, seasonal events, and growing interest in lifestyle oriented boutique accommodations.
- Attractive Valuation: Full financial package available for qualified Buyers
Property Description
The Jazz Hotel presents a boutique hospitality opportunity in the heart of Palm Springs’ thriving tourism market. Located near the Uptown Design District, the fully renovated 12-room hotel offers a curated guest experience with modern amenities, outdoor leisure spaces, and strong operational upside. Originally constructed circa 1954, the property underwent extensive renovations in 2023, including upgraded guest rooms, refreshed landscaping, pool and patio improvements, and modernized interiors designed to appeal to today’s leisure traveler.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $4,650,000 |
| No. of Units: | 12 |
| Year Built: | 1956 |
| Lot Size: | 0.42 Acres |
| Opportunity Zone: | No |
| Price per unit: | $387,500 |
| Property Website | Click Here |
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