$1,970,000

1020 N Indian Canyon Drive

Palm Springs CA, 92262

Description

22-unit opportunity located in the heart of Palm Springs! Located on two separate lots, each with their own APN # (507-151-011/012). Eight (8) bachelor units, eleven (11) studio units, and three (3) 1bed 1 bath units. Nice upside potential in rental income. The property provides a new investor with an excellent value-add opportunity with the ability to rehab the units and grounds. A savvy new investor could also add a resort like atmosphere with a pool, cabana, community room with gym and BBQ area.

Details

MLS#20669726
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site39

Features

SQ Feet7,684
Units22
Building(s)1

Market Activity 92262

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Area Information
StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area332 - Central Palm Springs
Listing VS Median (in 92262)
Price:
$1,970,000
low | high
Med:
$432,500
100% of Average
SqFt:
7,684
low | high
Med:
1,745
100% of Average
$ / SqFt:
$256
low | high
Med:
$258
49.178236906242% of Average
On Site:
39
low | high
Med:
84.5
46.153846153846% of Average
Listing Updated: January 7, 2021 3:23:14 PM PST
Gabriel Jones LogoMLS Number: 20669726
Listing Provided By:
Gabriel Jones  of  Keller Williams Realty Calabasas
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.