Share this with your friends
+17604096789
Equity Union
2231 N Palm Canyon Dr, Palm Springs, CA 92262
- $1,250,000
- 7
- BD
- 7
- BA
- 5,500
- SqFt
- List Price
- $1,250,000
- MLS#
- 219152788PS
- Year Built
- 1946
- Bedrooms
- 7
- Bathrooms
- 7
- Living Sq. Ft
- 5,500
- Lot Size
- 5,227
- Days on Market
- 56
- Property Type
- Multifamily
- Stories
- 2
Property Description
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.
/u.realgeeks.media/michaelstray2/michael-profile.jpeg)
Additional Information
- Heat
- Central
- Cooling
- Air Conditioning, Ceiling Fan, Central
- View
- Mountains
- Number of Cars in Garage
- Other
What's Your Home Worth?
Thinking of selling or interested in learning about a neighbor's house? We can help you see what it's worth.
Mortgage Calculator
Courtesy of KW Coachella Valley, Adam Gilbert - CA DRE#01914157
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).