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1059 N Palm Canyon Dr
For Sale $1,550,000
$1,550,000
- 8 Units
- Unknown Sq Ft
- 10,019 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,550,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 505261007 |
| MLS # | 219142445PS |
| Property ID | 322557592 |
| Lot Sqft | 10,019 |
| Zoning | Unknown |
| Total Units | 8 |
| Days on Market | 40 |
| Original List Price | $1,550,000 |
| Date Updated | March 11, 2026 |
| Date Created | January 31, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Adam Gilbert an agent of . Lic #01914157
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 11, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT