$1,250,000
2231 N Palm Canyon Drive
Palm Springs, CA 92262
—
Beds
—
Baths
5,227
Square feet
1946
Built
Listing narrative
Description
Excellent investment opportunity on highly visible North Palm Canyon Drive in Palm Springs. This 8-unit mixed-use property consists of 7 residential units plus 1 commercial storefront, offering a strong combination of current income and additional upside. Several of the units have undergone substantial remodeling along with a renovated commercial storefront. The property features excellent street frontage, private patios for the residential units, six ground-floor residences, and one upstairs unit. The current rent roll demonstrates the property's ability to command strong rents and still has upside potential. Located along one of Palm Springs' primary commercial corridors, this property presents an attractive opportunity for an investor seeking strong in-place rents, remodeled units, mixed-use income, and additional value add opportunities. Excellent visibility, established residential tenancy, and continued upside make this a compelling Palm Springs investment.
Property Details
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Price
$1,250,000
Beds
Beds n/a
Type
House
Home Size
5,227 sqft
Baths
Baths n/a
Lot Size
0.12 acres
Year
1946
Neighborhood
Chino Canyon
Status
For Sale
Days on Market
51
$ / Sqft
$239
Courtesy of KW Coachella Valley






