960 N Palm Canyon Drive, Palm Springs, CA 92262 (MLS# 219133565)

960 N Palm Canyon Drive, Palm Springs, CA 92262

$4,300,000

Property Type: Commercial Sale Square Footage: 12,202 Status: Closed

Current Price: $4,300,000 List Date: 8/04/2025 Last Modified: 5/14/2026

Overview

Description

Presenting a rare opportunity to own a piece of Palm Springs history: one of its most iconic hotel properties, ideally situated on bustling Palm Canyon Drive in the heart of downtown. Nestled amongst vibrant restaurants, retail shops, and nightlife, this 1.19-acre property borders the prestigious Old Las Palmas and Movie Colony neighborhoods. Currently operating as a clothing-optional men's resort, the property is zoned R-3 Multi-Family Residential and Hotel, offering diverse possibilities for future development. Built in 1951 as the La Fonda Hotel, the property features 32 guest rooms ranging from 300-400 square feet, eight of which include full kitchens. All rooms offer picturesque views of either the surrounding mountains or the expansive pool area. Amenities include a welcoming lobby, business center, large resort-style pool and spa, on-site laundry, playroom, steam room, and sauna. A significant undeveloped portion of land (approximately 9,000 sq ft) at the southeast corner presen ... (Read more)

Listing Details MLS# 219133565

General Property Information

Approx SqFt: 12202
SqFt Source: Assessor
Lot Size Source: Assessor
Year Built: 1951

Property Features

Business Type: Hospitality Sale Type: Standard Financing: Cash; Conventional; Owner May Carry Listing Terms: Take Property As Is Showing Access: Do Not Contact Occupant Lot Features: Lot Over 40000 SqFt Asset Class: Hotel/Motel Exterior Construction: Stucco Laundry: Own Contingent Upon: Inspection Disclosures: Property As Is

Listing Location and Property Info

APN: 505265021
Original List Price: 4900000
Property Sub-Type: Hotel/Motel
Street #: 960
Street Direction: N
Street Name: Palm Canyon
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92262
Area: 332 - Palm Springs Central
Country: US

Status Change Info

Status Change Date: 2025-12-30
Pending Date: 2025-12-02
Closed Date: 2025-12-17
Closed Price: 4300000

Parking SpacesInformation

Total Uncovered/Assigned Spaces: 28
Total Parking Spaces: 28

More Information

Listing Office: Compass

Listing Agent: Scott Ehrens

Last Updated: May - 14 - 2026

Information deemed reliable but not guaranteed.