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(951) 579-8806
Century 21 Masters
1059 N Palm Canyon Drive, Palm Springs, CA 92262
- $1,350,000
- Sold Price
- $1,350,000
- List Price
- $1,550,000
- Closing Date
- Jun 11, 2026
- Status
- CLOSED
- MLS#
- 219142445PS
- Year Built
- 1952
- Lot Size
- 10,019
- Acres
- 0.23
- Days on Market
- 78
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Old Las Palmas
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.
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Additional Information
- Heat
- Central
- Cooling
- Yes
- View
- Mountain(s)
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Adam Gilbert (adam@firmcompanies.com) from Listing Office: KW Coachella Valley.
Listing sold by Thomas Masters from Thomas Masters, Broker
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.