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555 S Warm Sands Drive

Palm Springs, CA 92264
  • $7,900,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 219139071
UPDATED: 75 min ago
$7,900,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1949
County:

School Ratings & Info

Description

Ideally located in the heart of Palm Springs, Les Cactus Palm Springs is a highly acclaimed 28-room property (with one room currently used as a spa/massage space) that captures the quintessential Palm Springs lifestyle. This beautifully curated hotel has been meticulously maintained and continuously upgraded, delivering exceptional guest experiences and strong financial performance. Property Highlights include Award-Winning Design: Featured on the cover of Great Escapes USA. Hotel Book (TASCHEN), recognized for its stylish, mid-century-inspired design. Top-Rated Guest Experience: Consistently high rankings with strong guest satisfaction: TripAdvisor - 4.8 Stars (556 reviews), Google - 4.8 Stars (309 reviews), Expedia - 9.4/10 (450 reviews), Booking.com - 9.2/10 (410 reviews). Unique outdoor amenities include Saltwater pool, hammock garden, fire pit lounge, lush tropical landscaping, multiple seating areas - all set within a fully walled and secured lot. Thoughtful Guest Services feature complimentary continental breakfast, snacks, curated beer, wine, and cocktail selections, high-speed Wi-Fi, bicycles for guest use, and a stylish, intimate lobby. This turnkey operation boasts strong occupancy rates and proven profitability with glowing guest reviews. Value-Add Opportunities include but are not limited to the 28th Guest Room: Convert the existing spa/massage room back to a permitted guest room to immediately increase revenue. Expand the F&B Program by transforming the current BOH kitchen and/or the massage room into an expanded bar and kitchen, enabling made-to-order breakfast, lunch, and a full craft cocktail menu to enhance the guest experience and drive incremental revenue. Optimize revenue by implementing advanced revenue management software to further increase ADR and maintain competitive market positioning. Offer event Buyouts to capitalize on numerous wedding and group buyout requests that present untapped revenue potential. With excellent financials, a prime Palm Springs location, and multiple avenues for future growth, Les Cactus presents a rare opportunity for investors to acquire a high-performing, turnkey boutique hotel with tremendous upside. Do not disturb operations. Showings available only to qualified buyers with proof of funds. Full financials and property details available upon request.

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©2025 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Malbec Realty. Based on information from the California Desert Association of Realtors as of 2025-12-08T19:35:15.48. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.malbecrealty.com/homes/170508996
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555 S Warm Sands Drive Palm Springs, CA 92264

  • Price: $7,900,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 75 min ago
  • MLS #: 219139071
0
Beds
0
Baths
0
½ Baths
0.99
Acres
1949
Built
Neighborhood:
334 - Palm Springs South End
County:
Riverside
Area:
334 - Palm Springs South End
Property Description
Ideally located in the heart of Palm Springs, Les Cactus Palm Springs is a highly acclaimed 28-room property (with one room currently used as a spa/massage space) that captures the quintessential Palm Springs lifestyle. This beautifully curated hotel has been meticulously maintained and continuously upgraded, delivering exceptional guest experiences and strong financial performance. Property Highlights include Award-Winning Design: Featured on the cover of Great Escapes USA. Hotel Book (TASCHEN), recognized for its stylish, mid-century-inspired design. Top-Rated Guest Experience: Consistently high rankings with strong guest satisfaction: TripAdvisor - 4.8 Stars (556 reviews), Google - 4.8 Stars (309 reviews), Expedia - 9.4/10 (450 reviews), Booking.com - 9.2/10 (410 reviews). Unique outdoor amenities include Saltwater pool, hammock garden, fire pit lounge, lush tropical landscaping, multiple seating areas - all set within a fully walled and secured lot. Thoughtful Guest Services feature complimentary continental breakfast, snacks, curated beer, wine, and cocktail selections, high-speed Wi-Fi, bicycles for guest use, and a stylish, intimate lobby. This turnkey operation boasts strong occupancy rates and proven profitability with glowing guest reviews. Value-Add Opportunities include but are not limited to the 28th Guest Room: Convert the existing spa/massage room back to a permitted guest room to immediately increase revenue. Expand the F&B Program by transforming the current BOH kitchen and/or the massage room into an expanded bar and kitchen, enabling made-to-order breakfast, lunch, and a full craft cocktail menu to enhance the guest experience and drive incremental revenue. Optimize revenue by implementing advanced revenue management software to further increase ADR and maintain competitive market positioning. Offer event Buyouts to capitalize on numerous wedding and group buyout requests that present untapped revenue potential. With excellent financials, a prime Palm Springs location, and multiple avenues for future growth, Les Cactus presents a rare opportunity for investors to acquire a high-performing, turnkey boutique hotel with tremendous upside. Do not disturb operations. Showings available only to qualified buyers with proof of funds. Full financials and property details available upon request.
Exterior Features

Lot Features LawnSprinklers TimerLot Level/FlatLot Shape - RectangularLot Over 40000 SqFtCorner LotSprinkler SystemLevel with StreetLandscaped Total Parking Spaces 0.00

Interior Features

Cooling Yes Heating Yes Heating Type OtherElectric

Property Features

Asset Class Hotel/Motel Building Status Existing Business Info Financing Available No Business Info Investment Property Yes Business Info Laundry Equipment Yes Business Info Sale Or Lease Sale Cross Streets E Ramon Road & S Warm Sands Financing Details CashConventional Land Use Other Laundry InsideRoomLaundry Area Listing Terms ConventionalStandard SaleCash Ownership Type LLC Property Sub Type Hotel/Motel Sale Type Standard Security Safety Carbon Monoxide Detector(s)Smoke Detector Utilities 220V in LaundryNatural Gas ConnectedWater ConnectedSewer ConnectedUnderground UtilitiesElectricity Connected Water Meter on Property

Listing information © 2025 California Desert Association of Realtors.
Listing provided courtesy of Scott Timberlake of Realty Trust: (760) 327-8000.
©2025 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Malbec Realty. Based on information from the California Desert Association of Realtors as of 2025-12-08T19:35:15.48. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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