1059 N Palm Canyon Drive, Palm Springs, CA 92262

Palm Springs
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1059 N Palm Canyon Drive,Palm Springs, CA 92262
$1,550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: adam gilbert
Office: kw coachella valley951-776-5700
MLS#:219142445PS
Source:CRMLS

Price summary

  • Price:$1,550,000

About this home

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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Home facts

  • Year built:1952
  • Listing ID #:219142445PS
  • Added:103 day(s) ago
  • Updated:May 15, 2026 at 07:39 AM

Rooms and interior

  • Flooring:Carpet, Tile

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1952
  • Lot area:0.23 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,550,000

Parking

  • Total parking spaces:6
  • Parking description:Direct Access, Garage
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