1059 N Palm Canyon DR, Palm Springs, CA 92262
1059 N Palm Canyon DR, Palm Springs, CA 92262
1059 N Palm Canyon DR, Palm Springs, CA 92262
1059 N Palm Canyon DR, Palm Springs, CA 92262
1059 N Palm Canyon DR, Palm Springs, CA 92262
1059 N Palm Canyon DR, Palm Springs, CA 92262
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Lisa Angell

Lisa Angell

+1(760) 423-3443
$ 1,550,000
Est. payment | /mo

5 Beds

8 Baths

3,900 SqFt

Save
$ 1,550,000
Est. payment | /mo
Save

5 Beds

8 Baths

3,900 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $397

Subdivision Old Las Palmas

MLS Listing ID 219142445

Bedrooms 5

Full Baths 8

HOA Y/N No

Year Built 1952

Lot Size 10,019 Sqft

Property Description

Prime mixed-use opportunity in the heart of Palm Springs. Located on highly trafficked North Palm Canyon Drive, 1059-1063 N Palm Canyon features five apartment units and three small commercial units, all 100% vacant and ready for immediate occupancy. The property offers exceptional upside for an owner/user or investor seeking to reposition and add value.

Surrounded by a vibrant and well-established retail corridor, this prime location benefits from strong foot traffic, excellent visibility, and proximity to downtown Palm Springs' shops, dining, and entertainment. The commercial spaces are ideal for retail, office, or service uses, while the residential units provide additional income potential once renovated.

The property needs some TLC, presenting a rare opportunity to customize and revitalize a mixed-use asset in one of Palm Springs' most desirable corridors. Endless possibilities for redevelopment, re-tenanting, and long-term hold in a premier location.

Location

State CA

County Riverside

Area 332 - Palm Springs Central

Interior

Heating Central

Cooling Air Conditioning

Fireplace false

Exterior

View Y/N true

View Mountain(s)

Private Pool No

Building

Story 1

Entry Level One

Sewer In, Connected and Paid

Level or Stories One

Others

Senior Community No

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by KW Coachella Valley

Schools and Properties Nearby

Lisa Angell

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(760) 423-3443

[email protected]

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1059 N Palm Canyon DR