2231 N Palm Canyon Drive
Property Overview
Excellent investment opportunity on highly visible North Palm Canyon Drive in Palm Springs. This 8-unit mixed-use property consists of 7 residential units plus 1 commercial storefront, offering a strong combination of current income and additional upside. Several of the units have undergone substantial remodeling along with a renovated commercial storefront. The property features excellent street frontage, private patios for the residential units, six ground-floor residences, and one upstairs unit. The current rent roll demonstrates the property's ability to command strong rents and still has upside potential. Located along one of Palm Springs' primary commercial corridors, this property presents an attractive opportunity for an investor seeking strong in-place rents, remodeled units, mixed-use income, and additional value add opportunities. Excellent visibility, established residential tenancy, and continued upside make this a compelling Palm Springs investment.
Home Details
- Property type
- Residential Income
- Year built
- 1946
- Lot size
- 5,227 sq ft
- Parking
- 4 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Parking
- Other
Community, Schools & Utilities
Community
- Subdivision
- Chino Canyon
- View
- Mountains
Utilities
- Heating
- Central
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 2231 N Palm Canyon Drive
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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