Warm Sands Drive, Palm Springs, California 92264

Listed By Luca Realty Trust, Inc.

The Commercial Property for Sale located at Palm Springs, California 92264 is currently for sale. Palm Springs, California 92264 is listed for $8,950,000. If the property located at Palm Springs, California 92264 isn't what you're looking for, visit https://haussmannrealty.xomio.com to see other Commercial Properties for Sale in Palm Springs .

Date Updated : Aug 5, 2025

MLS#: 374969207

$8,950,000 USD

PATRICIA LEMIEUX
Patricia Lemieux
The details

Property features

Construction details

  • Year built: 1947
  • Roofing: Tile

Other features

  • Heating system: Electric

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.

Location

Palm Springs, California 92264
Map preview
Courtesy of Scott Timberlake Luca Realty Trust, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 06/23/2023 and /or other sources. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Equal Housing Opportunity

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.