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For Sale

$1,250,000

5,227 sqft$239/sqft51 days on market

2231 N Palm Canyon Drive

Palm Springs, CA 92262

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): Adam Gilbert · Listing brokerage (MLS): KW Coachella Valley

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of KW Coachella Valley