1059 N Palm Canyon DR, Palm Springs, CA 92262

$1,350,000

Est. payment /mo

$1,550,000

12.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1059 N Palm Canyon DR Palm Springs, CA 92262

10,018 Sqft Lot

SOLD DATE : 06/11/2026

Key Details

Sold Price $1,350,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Old Las Palmas

MLS Listing ID 219142445PS

Sold Date 06/11/26

HOA Y/N No

Year Built 1952

Lot Size 10,018 Sqft

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.

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Heating Central

Flooring Carpet, Tile

Fireplace No

Exterior

Parking Features Direct Access, Garage, Other

View Y/N Yes

View Mountain(s)

Total Parking Spaces 6

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 505261007

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Adam Gilbert KW Coachella Valley #01914157
Bought with Thomas Masters Thomas Masters, Broker

NEARBY SCHOOLS & BUSINESSES

Engel & Völkers Palm Desert

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

GET MORE INFORMATION

Name
Phone*
Message