Palm Springs homes
For sale46 days on market
$1,250,000

2231 N Palm Canyon Drive, Palm Springs, CA 92262

—
Beds
—
Baths
—
Sq ft

About this home

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.

Type
Residential
Year built
1946
Lot
5,227 sq ft
Garage
—
HOA
None
Pool
No
View
Mountain(s)
Solar
—
Estimated payment
$7,883/mo
  • Principal & interest$6,321
  • Property tax (est.)$1,198
  • Home insurance (est.)$365

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Adam Gilbert, KW Coachella Valley. MLS# 219152788PS. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:57 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

Similar homes in Palm Springs