585-615 S Warm Sands Drive, Palm Springs, CA 92264 (MLS# 219089772)

585-615 S Warm Sands Drive, Palm Springs, CA 92264

$3,100,000

Property Type: Commercial Sale Square Footage: 5,606 Status: Closed

Current Price: $3,100,000 List Date: 3/01/2023 Last Modified: 5/14/2026

Overview

Description

Great opportunity to acquire a profitable charming desert oasis with manicured grounds, 0.44AC of Fee simple land located in the heart of Warm Sands. This hotel features 12 rooms, picturesque panoramic views, 5,606sf building with 200 sf frontage, featuring great visibility. Consistently high CAP Rate and Occupancy. The size of the land with access on three sides, the gorgeous mountain views, the expansive pool & spa, sauna, steam-room and massage-cabana are just some of the amenities that showcase this property's potential. Desert Paradise Resort is one of the longest running gay resorts serving the community in Palm Springs. Welcoming all and seeking to provide the perfect destination for the like minded traveler. Guests immerse themselves in spectacular views and tropical grounds, and discover what it means to be truly welcome. This is a great investment opportunity to continue a successful legacy or take this well established resort to a new ''vibe''. The property is walking distan ... (Read more)

Listing Details MLS# 219089772

General Property Information

Approx SqFt: 5606
SqFt Source: Other
Lot Size Source: Assessor
Year Built: 1950
Cross Streets: Ramon Road

Property Features

Business Type: Hospitality Sale Type: Standard Financing: Cash; Conventional Listing Terms: Cash; Conventional Showing Access: Do Not Contact Occupant; List Agent Accompanies; Other Owner Pays: A/C; Electric; Gas/Heat; Insurance; Janitor; Phone; Sewer; Taxes; Water Lot Features: Back Yard; Corner Lot; Landscaped; Lawn; Level with Street; Lot Level/Flat; Lot Shape - Rectangular; Secluded; Sprinkler System; Sprinkler Drip System; Sprinklers in Front; Sprinklers in Rear; Sprinklers on Side; Sprinklers Timer Asset Class: Hotel/Motel Road Surface Type: Paved Land Use: Other Survey: Buyer Pays Signage: Sign on Building Exterior Construction: Stucco Heating: Central; Forced Air; Natural Gas Laundry: Room; Other Security Safety: Carbon Monoxide Detector(s); Card/Code Access; Gated Community; Smoke Detector Roofing: Flat Water: Meter on Property; Water District Utilities: Cable TV; Electricity Connected; Natural Gas Available; Phone Connected; Underground Utilities; Water Meter on Property Contingent Upon: Appraisal; Loan Approval Disclosures: Other

Listing Location and Property Info

APN: 508214001
Original List Price: 3500000
Property Sub-Type: Hotel/Motel
Street #: 585-615
Street Direction: S
Street Name: Warm Sands
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Country: US

Listing Info

Exclusions of Sale: Gas dryers are leased. Buyer to assume dryer lease.
Accounting Type: Actual
Ownership Type: LLC

Property Info

Entry Floor Number: Yes
Building # of Stories: Yes
# Units: 12
Building Status: Existing

Status Change Info

Status Change Date: 2023-06-30
Pending Date: 2023-04-18
Closed Date: 2023-06-30
Closed Price: 3100000

More Information

Business Info

Business URL: https://www.desertparadise.com/
URL Description: Desert Paradise Website
Cooling: Yes
Current Use: Hotel
Investment Property: Yes
Laundry Equipment: Yes
Sale or Lease: Sale

Parking SpacesInformation

Total Uncovered/Assigned Spaces: 12
Total Parking Spaces: 12

Water

Water District Name: Desert Water Agency

Listing Office: Realty Trust

Listing Agent: Luca Volpe

Last Updated: May - 14 - 2026

Information deemed reliable but not guaranteed.