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1059 N Palm Canyon Dr, Palm Springs, CA 92262

$1,350,000
5
BD
8
BA
3,900
SqFt
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Sold Price
$1,350,000
List Price
$1,550,000
Closing Date
Jun 11, 2026
MLS#
219142445PS
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
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760-409-6789

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

Heat
Central
Cooling
Air Conditioning
View
Mountains
Number of Cars in Garage
Direct Entrance, Other
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Courtesy of KW Coachella Valley, Adam Gilbert - CA DRE#01914157 Selling Office: .

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