1680 E Palm Canyon, Palm Springs, CA 92264

Palm Springs
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1680 E Palm Canyon,Palm Springs, CA 92264
$5,995,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric chen
Office: cb richard ellis
MLS#:CV26071280
Source:San Diego MLS via CRMLS

Price summary

  • Price:$5,995,000

About this home

We are proud to present an exceptional opportunity to acquire Deepwell Apartments, a superbly maintained 30+1 unit multifamily community located at 1680 E Palm Canyon Drive in Palm Springs, CA. This investment offers an attractive 6.59% current Cap Rate and a 6.07% Cash-on-Cash return, with the property yielding $705,600 annually. The 20,296 SF building stands on a generous 40,946 SF lot in the prestigious Deepwell Estates, a neighborhood celebrated for its historic mid-century modern architecture and high-end residential appeal. The asset features a diverse unit mix of studios, 1B/1B, 2B/1B, and a premier 3B/2B unit, perfectly catering to the deserts sophisticated renter demographic. The asset has undergone substantial recent renovations, positioning it as a turn-key luxury investment with a sophisticated aesthetic. All units feature high-end finishes, including woodgrain-look ceramic tile flooring, designer tile in kitchens and bathrooms, and stainless steel appliances. Ownership...

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Home facts

  • Listing ID #:CV26071280
  • Added:1 day(s) ago
  • Updated:April 04, 2026 at 02:21 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$5,995,000

Features and amenities

  • Pool features:Below Ground, Community/Common
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