68
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$1,550,000
Est. payment /mo
10,018 Sqft Lot
Pending
1059 N Palm Canyon DR Palm Springs, CA 92262
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Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Subdivision Old Las Palmas
MLS Listing ID 219142445PS
HOA Y/N No
Year Built 1952
Lot Size 10,018 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 - Central Palm Springs
Interior
Heating Central
Flooring Carpet, Tile
Fireplace No
Exterior
Parking Features Direct Access, Garage, Other
View Y/N Yes
View Mountain(s)
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 505261007
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Adam Gilbert KW Coachella Valley #01914157
NEARBY SCHOOL & BUSINESS