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
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 distance to downtown and minutes to the Palm Springs Convention Center, airport and most known tourist attractions.
More Information MLS# 219089772
Listing, Location and Property Info
Entry Date: 2023-01-23
Listing Info
Accounting Type: Actual
Ownership Type: LLC
Exclusions of Sale: Gas dryers are leased. Buyer to assume dryer lease.
Property Info
Entry Floor Number: 1
Building # of Stories: 1
# Units: 12
Building Status: Existing
Owner Pays
A/C: 1
Electric: 1
Gas/Heat: 1
Insurance: 1
Janitor: 1
Phone: 1
Sewer: 1
Taxes: 1
Water: 1
Business Type
Hospitality: 1
Utilities
Cable TV: 1
Electricity Connected: 1
Natural Gas Available: 1
Phone Connected: 1
Underground Utilities: 1
Water Meter on Property: 1
Sale Type
Standard: 1
Business Info
Business URL: https://www.desertparadise.com/
URL Description: Desert Paradise Website
Cooling: Yes
Heating: Yes
Current Use: Hotel
Investment Property: Yes
Laundry Equipment: Yes
Sale or Lease: Sale
Road Surface Type
Paved: 1
Listing Terms
Cash: 1
Conventional: 1
Financing
Cash: 1
Conventional: 1
Showing Access
Do Not Contact Occupant: 1
List Agent Accompanies: 1
Other: 1
Lot Features
Back Yard: 1
Corner Lot: 1
Landscaped: 1
Lawn: 1
Level with Street: 1
Lot Level/Flat: 1
Lot Shape - Rectangular: 1
Secluded: 1
Sprinkler System: 1
Sprinkler Drip System: 1
Sprinklers in Front: 1
Sprinklers in Rear: 1
Sprinklers on Side: 1
Sprinklers Timer: 1
Asset Class
Hotel/Motel: 1
Disclosures
Other: 1
Land Use
Other: 1
Survey
Buyer Pays: 1
Signage
Sign on Building: 1
Exterior Construction
Stucco: 1
Heating
Central: 1
Forced Air: 1
Natural Gas: 1
Laundry
Room: 1
Other: 1
Security Safety
Carbon Monoxide Detector(s): 1
Card/Code Access: 1
Gated Community: 1
Smoke Detector: 1
Roofing
Flat: 1
Water
Meter on Property: 1
Water District: 1
Water District Name: Desert Water Agency
Contingent Upon
Appraisal: 1
Loan Approval: 1
Listing Location and Property Info
APN: 508214001
Status: Closed
Listing Date: 2023-01-23
Original List Price: 3500000
Sold Price: $3,100,000
Current Price: $3,100,000
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
General Property Information
Approx SqFt: 5606
SqFt Source: Other
Lot Size: 19166
Lot Size Source: Assessor
Year Built: 1950
Cross Streets: Ramon Road
Status Change Info
Status Change Date: 2023-06-30
Pending Date: 2023-04-18
Closed Date: 2023-06-30
Closed Price: 3100000
Parking SpacesInformation
Total Uncovered/Assigned Spaces: 12
Total Parking Spaces: 12
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 Office:
Realty Trust
Listing Agent:
Luca Volpe
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
