OFF MARKET

Off market mar 2021 for $1.5M

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7 ba

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sq ft

12885 Eliseo Rd, Desert Hot Springs, CA 92240

About this home

BACK ON MARKET! Idilic boutique hotel with natural hot springs, and 3 additional vacant lots. Seven beautiful ensuite rooms with kitchenettes set in an idyllic relaxing environment. Super cool, hip, alternative chic hotel. Hot springs mineral source soaking tub & pool, including 2 massage spa rooms. Recent renovations to rooms, pool, as well as throughout the property. Great staff allows hotel to run on it's own with great income at an incredible potential 9.4 Cap rate. Hotel sits on 3 lots, and includes an additional 3 vacant lots as part of the sale for a total of approximately 53,000sft. Located in the forward moving town of Desert Hot Springs & just a short drive to Palm Springs. Rooms can rent up to $450/ night with upside. High revenue & low maintenance with more upside to take advantage of, makes this an ideal oasis for guests, as well as the owners.

Multi-familyProperty Type

1957Year Built

1.22 acresLot Size

1 garage spacesParking

Listed by Emmanuel Xuereb •DRE #01845114

•323-559-9000 (agent)

•emmanuel.xuereb@compass.com (agent)

Listed by Salvator Xuereb •DRE #02040807

•323-447-0385 (agent)

•salvator.xuereb@compass.com (agent)

Bought with David Shaker •DRE #01435834 • David Shaker

Redfin checked: 2 minutes ago

•Source:TheMLS #20-571018

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 92240, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.7%

0.3% MoM

Median sale price

$399K

$117 MoM

Avg. days on market

73d

1 days MoM

Recently sold homes

116

4 MoM

New listings for sale

3D WALKTHROUGH
$499,000
3 beds2.5 baths1,976 sq ft
64356 Doral, Desert Hot Springs, CA 92240
FOR SALE BY OWNER
$410,000
3 beds2 baths1,792 sq ft
62880 Loftwood St, Desert Hot Springs, CA 92240
$369,000
3 beds2 baths1,134 sq ft
11900 VERBENA Dr, Desert Hot Springs, CA 92240
$379,900
3 beds2 baths1,604 sq ft
9771 Apawamis Rd, Desert Hot Springs, CA 92240
3D WALKTHROUGH
$390,000
3 beds2 baths1,761 sq ft
64964 Ray Ct, Desert Hot Springs, CA 92240
$579,000
4 beds4 baths1,943 sq ft
10485 Santa Cruz Rd, Desert Hot Springs, CA 92240
$549,000
3 beds3.5 baths2,244 sq ft
64222 Doral Dr, Desert Hot Springs, CA 92240
$479,000
3 beds2 baths1,657 sq ft
67320 Monterey Rd, Desert Hot Springs, CA 92240
OPEN NOV 8, 11AM TO 1PM
$460,000
3 beds2 baths2,229 sq ft
8563 Mount Whitney Ave, Desert Hot Springs, CA 92240
$399,900
2 beds2 baths1,239 sq ft
65057 Cliff Cir N, Desert Hot Springs, CA 92240
See all

Provided by Redfin

Sale history for 12885 Eliseo Rd

Date

Event

Price

Greater Lansing AoR #20571018

Mar 31, 2021

Sold

$1,550,000

Apr 13, 2020

Listed

$1,599,000

TheMLS #20-571018

Mar 31, 2021

Sold

$1,550,000

Mar 16, 2021

Pending

—

Feb 25, 2021

Contingent

—

Feb 17, 2021

Price Changed

$1,599,000

Feb 17, 2021

Relisted

—

Dec 18, 2020

Contingent

—

Dec 11, 2020

Relisted

—

Dec 11, 2020

Price Changed

$1,650,000

Dec 10, 2020

Contingent

—

Dec 9, 2020

Relisted

—

Jun 27, 2020

Contingent

—

Jun 25, 2020

Pending

—

May 29, 2020

Price Changed

$1,700,000

Apr 13, 2020

Listed

$1,800,000

GPSMLS #15941839

Sep 13, 2017

Listing Removed

—

Jun 24, 2017

Price Changed

$1,645,000

Jun 2, 2017

Price Changed

$1,647,500

Jun 2, 2017

Price Changed

$16,447,500

Dec 9, 2015

Price Changed

$1,650,000

Sep 17, 2015

Listed

$1,800,000

GPSMLS #15941889

Aug 5, 2016

Listing Removed

—

Dec 9, 2015

Price Changed

$1,650,000

Sep 25, 2015

Listed

$1,800,000

GPSMLS #214023726

Nov 29, 2014

Listing Removed

—

Sep 16, 2014

Price Changed

$1,600,000

Jun 20, 2014

Listed

$1,790,000

GPSMLS #214023701

Jun 18, 2014

Price Changed

$1,790,000

Jun 18, 2014

Listing Removed

—

Jun 18, 2014

Listed

$179,000

GPSMLS #13716469

May 31, 2014

Listing Removed

—

Nov 4, 2013

Listed

$1,790,000

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Riverside County

APN

642-121-023

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 7, 2024.

Property details

Parking

Garage
Detached, Uncovered

Parking
# of Parking Spaces (Total): 10

Interior

Virtual Tour

Bathroom Information
Remodeled, Tile

Flooring Information
Tile Floors

Equipment
Range/Oven, Refrigerator

Heating & Cooling
A/C
Other Heat

Multi-Unit Income
Gross Income: 361911
Gross Operating Income: $361,911
Net Operating Income: $168,520

Multi-Unit Expenses
Total Annual Expense: $193,390

Multi-Unit Other Financial Information
Cap Rate: 9.4
Vacancy Rate: 50
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1
Type Of Units: Attached
# of Buildings: 1

Unit 1 Information
# of Beds: 7
# of Baths: 7.00
# of Units: 7

Exterior

Building Information
Total Floors: 1

Pool Information
Heated Pool, In Ground Pool
Heated Spa, In Ground Spa

Property Information
Property Type: Residential Income

Land Information
Other Structures: Gazebo

Lot Information
Lot Size (Sq. Ft.): 53,000
Zoning: TR

Property Features
Has View
View: Mountains

Financial

Assessment Information
Assessor Parcel Number: 642-121-023

Location

HOA Information
Amenities: Maid Service, Pool, Spa, Steam Room, Other

Community Information
# of Units in Complex (Total): 7

Location Information
Directions: North of Hacienda Ave, East of Miracle Hill Rd

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Riverside County
APN: 642-121-023

Home facts updated by county records on May 7, 2024

Other

Documents & Disclosures
Disclosures: As Is

Around this home

Schools

Cabot Yerxa Elementary School

Public K-5 • Assigned • 0.5mi

5/10

Desert Springs Middle School

Public 6-8 • Assigned • 1.0mi

2/10

Desert Hot Springs High School

Public 9-12 • Assigned • 2.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Desert Hot Springs, CA • 92240

Average low and high temperatures (°F)

103

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11 hours in June and 7.4 hours in December, placing it above the U.S. average for solar exposure.

11 hrs

7.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 92240

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FOR SALE BY OWNER

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Ultimate privacy • Built 2021 • Listed 2 days

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OPEN NOV 8, 11AM TO 1PM

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Home values near 12885 Eliseo Rd

Data from public records.

Address	Redfin Estimate
12789 Eliseo Rd, Desert Hot Springs, CA 4 Beds \| 2 Baths \| 2112 Sq. Ft.	$418,481
12855 Miracle Hill Rd, Desert Hot Springs, CA 3 Beds \| 2 Baths \| 1620 Sq. Ft.	$377,102

Address	Redfin Estimate
12925 Miracle Hill Rd, Desert Hot Springs, CA 4 Beds \| 3 Baths \| 1864 Sq. Ft.	$395,873
12800 Miracle Hill Rd, Desert Hot Springs, CA 3 Beds \| 2 Baths \| 1560 Sq. Ft.	$483,709

Address	Redfin Estimate
12905 Miracle Hill Rd, Desert Hot Springs, CA 4 Beds \| 3 Baths \| 1864 Sq. Ft.	$423,718
12832 Miracle Hill Rd, Desert Hot Springs, CA 2 Beds \| 2 Baths \| 1683 Sq. Ft.	$327,041

Property information provided by TheMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 92240, CA

Sale history for 12885 Eliseo Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 92240

Home values near 12885 Eliseo Rd

More real estate resources