354 E Stevens Rd, Palm Springs, CA, 92262
About This Home
Introducing The Jazz Hotel, a fully renovated 12 room boutique hotel on 0.42 acres in Palm Springs. Originally built circa 1954, this single story property offers approximately 5,432 SF including 12 guest rooms, office, fitness room, pool, spa, and outdoor patio areas. Recent upgrades include interior/exterior paint, flooring improvements, bathroom updates, lighting upgrades, pool/spa enhancements, courtyard improvements, and extensive systems modernization. Key infrastructure work includes removal of outdated wall units and heaters and installation of 16 energy efficient mini split HVAC systems, along with upgraded electrical and exterior improvements. Significant investment in FF&E includes new furnishings, linens, décor, signage, outdoor lounge furniture, fitness equipment, and guest amenities, creating a turnkey boutique hospitality opportunity. Located near downtown Palm Springs, dining, shopping, and entertainment. Buyer to verify zoning, permits, and hotel/STR licensing requirements. Hotel has 1 two bedroom suite, 5 studio suites and 6 studio plus kitchen suites.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1956
Type & Style
- Home type: SingleFamily
Interior
Interior Area
- Total structure area: 18,295
- Total interior livable area: 18,295 sqft
Property
Parking
- Parking features: Unassigned,Parking Lot,Open,On Site,Asphalt
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Riverside County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $23,512 | $282,144 |
| Home Insurance * | $1,189 | $14,268 |
| Property Taxes | $3,216 | $38,592 |
| Electricity | $3,923 | $47,077 |
| Total | $31,840 | $382,080 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-22 | Listed for sale | $4,650,000 |
| 2023-05-23 | Sold | $2,200,000 |
| 2023-02-28 | Pending sale | $2,500,000 |
| 2023-01-25 | Price change | $2,500,000 |
| 2023-01-03 | Listed for sale | $2,750,000 |
| 2009-05-01 | Sold | $1,100,000 |
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