1059 N Palm Canyon Drive, Palm Springs, CA 92262
- $1,350,000
- 5
- BD
- 8
- BA
- 3,900
- SqFt
- Sold Price
- $1,350,000
- List Price
- $1,550,000
- Closing Date
- Jun 11, 2026
- Status
- CLOSED
- MLS#
- 219142445
- Year Built
- 1952
- Bedrooms
- 5
- Bathrooms
- 8
- Living Sq. Ft
- 3,900
- Lot Size
- 10,019
- Days on Market
- 79
- Property Type
- Multifamily
- Stories
- 1
- Neighborhood
- Old Las Palmas
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.
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Additional Information
- Land Lease Type
- Fee
- Heat
- Central
- Cooling
- Air Conditioning
- View
- Mountain(s)
- Parking
- Other, Direct Access
- Sewer
- In, Connected and Paid
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Listing courtesy of KW Coachella Valley. Selling Office: .