$1,550,000

1059 N Palm Canyon Drive, Palm Springs, CA 92262

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

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.

Listing Status:
Active
Date Added:
January 31, 2026
Data Last Updated:
February 7, 2026 at 7:16AM
Listing Office:
The Firm Brokerage : (760) 374-4342
Listing Agent:
Adam Gilbert : (760) 408-8874
MLS ID:
219142445PS
  • Flooring: CarpetTile
  • A/C:
  • Heating: Central
  • Parking: Direct AccessGarageOtherParking spaces: 6
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CDAR
  • County: Riverside
  • Zoning: 505261007
  • View: Mountain(s)View
  • Source: CRMLS_CDAR

Presented by Veterans United Realty

This listing courtesy of Adam Gilbert , The Firm Brokerage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Katherine Finchy Elementary School

777 E Tachevah Dr, Palm Springs, CA, 92262

Grades KG-5

0.52 miles away

R

Raymond Cree Middle School

1011 E Vista Chino, Palm Springs, CA, 92262

Grades 6-8

0.83 miles away

P

Palm Springs High School

2401 E Baristo Rd, Palm Springs, CA, 92262

Grades 9-12

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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