2231 N Palm Canyon DR, Palm Springs, CA 92262
2231 N Palm Canyon DR, Palm Springs, CA 92262
2231 N Palm Canyon DR, Palm Springs, CA 92262
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,250,000
Est. payment /mo
5,227 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Chino Canyon

MLS Listing ID 219152788PS

HOA Y/N No

Year Built 1946

Lot Size 5,227 Sqft

Property Description

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.

Location

State CA

County Riverside

Area 331 - North End Palm Springs

Interior

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Exterior

Parking Features Other

View Y/N Yes

View Mountain(s)

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 504242006

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Adam Gilbert KW Coachella Valley #01914157

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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2231 N Palm Canyon DR

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