N/A
Bedrooms
$1,250,000
FOR SALEPalm Springs, CA
MLS# 219152788PS
Adam Gilbert
Listing Agent
KW Coachella Valley
DRE #: 01914157
(951) 776-5700Brokerage: KW Coachella Valley
N/A
Bedrooms
N/A
Bathrooms
N/A
Square Feet
1946
Year Built
5,227 sqft
Lot Size
N/A
Price/Sq Ft
0
Garage Spaces
N/A
HOA
N/A
Property Type
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.
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Closed sales reported in 92262, nearest first, last 12 months. All recent sales in Palm Springs →
2231 N Palm Canyon Drive
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