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2231 N Palm Canyon Drive

Palm Springs, CA 92262
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Bed --

Bed

Bath 0

Bath

SqFt5,227

Sqft(Lot)

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, mixe d-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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,250,000

AD Id : 91288987

MLS Id : 219152788PS

Lot Size : 5,227 Sq. Ft

Year Built : 1946

County : Riverside

Subdivision: Lehigh Acres

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1946
    Stories: 2
    Private Pool: No
    View: Mountains

  • Lot Information

    Main Square Feet: 5227 Lot Size Acres: 0.12 Lot Size Source: Assessor Lot Size Square Feet: 5,227

    Property Information

    Subdivision: Chino Canyon Source Property Type: ResidentialIncome Postal Code Plus 4: 2805 Levels: Two Property Age: 80

  • Listing Price Information

    Listing Price: $1250000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 504242006

  • Location Information

    Direction: GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4934 Herzog Way, Palm Springs, CA, 92262 $925,000 2 3 2,965 5,663 Sq. Ft
4959 Eichler Way, Palm Springs, CA, 92262 $1,090,000 3 3 2,965 6,098 Sq. Ft
4651 Kellogg Way, Palm Springs, CA, 92262 $1,250,000 3 4 2,192 6,534 Sq. Ft
4982 Cottier Way, Palm Springs, CA, 92262 $1,099,000 3 4 2,192 6,534 Sq. Ft
1205 Passage Street, Palm Springs, CA, 92262 $1,245,000 3 3 2,060 7,405 Sq. Ft
640 Equinox Way, Palm Springs, CA, 92262 $1,285,000 3 3 2,591 7,841 Sq. Ft
4559 Esplanade Lane, Palm Springs, CA, 92262 $1,549,000 3 4 2,598 7,841 Sq. Ft
1107 Celadon Street, Palm Springs, CA, 92262 $1,195,000 3 3 1,984 6,098 Sq. Ft
4321 Lumina Way, Palm Springs, CA, 92262 $1,650,000 3 3 2,593 6,970 Sq. Ft
4270 Amber Lane, Palm Springs, CA, 92262 $999,000 3 3 2,105 5,227 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/20/2026 @ 05:36

MLS: 219152788PS LISTED BY: Adam Gilbert, KW Coachella Valley 951-776-5700 SOURCE: CRMLS

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