2303 N Indian Canyon Dr, Palm Springs, CA 92262

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2303 N Indian Canyon Dr,Palm Springs, CA 92262
$3,125,000
  • - Beds
  • - Baths
  • 19,602 sq. ft.
  • Multi-family
  • Active
Listed by:william melton
Office:paez realty company
MLS#:CV25165133
Source:CRMLS

Price summary

  • Price:$3,125,000
  • Price per sq. ft.:$159.42

About this home

Olivera Apartments, a 20-unit multifamily investment opportunity located in the heart of Palm Springs, CA. Located at 2303 N Indian Canyon Dr in the vibrant Uptown neighborhood, this fully occupied property consists of one-bedroom, one-bath units and sits on 0.45 acres with 20 on-site parking spaces. Built in 1966, Olivera features a well-maintained two-story layout with desirable amenities including a swimming pool, shared laundry, and convenient access to nearby retail, dining, and entertainment along the North Palm Canyon corridor. Tenants are responsible for electric and gas, while the owner covers water, trash, and common area electricity. Current rents are below market, offering significant value-add potential through interior upgrades and improved operations. With its premier location, below-market rents, and strong tenant demand, Olivera Apartments presents an ideal opportunity for investors seeking long-term growth and stable returns in one of Southern

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Home facts

  • Year built:1966
  • Listing ID #:CV25165133
  • Added:69 day(s) ago
  • Updated:September 30, 2025 at 03:39 AM

Rooms and interior

  • Living area:19,602 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1966
  • Building area:19,602 sq. ft.
  • Lot area:0.45 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,125,000
  • Price per sq. ft.:$159.42
Based on information from California Regional Multiple Listing Service, Inc. as of September 30, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.