1059 N Palm Canyon Drive, Palm Springs, CA 92262

Local realty services provided by:ERA Excel Realty
1059 N Palm Canyon Drive,Palm Springs, CA 92262
$1,550,000
  • 5 Beds
  • 8 Baths
  • 3,900 sq. ft.
  • Multi-family
  • Active
Listed by: adam m gilbert
Office: the firm brokerage
MLS#:219142445
Source:CA_DAMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$397.44

About this home

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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Home facts

  • Year built:1952
  • Listing ID #:219142445
  • Added:1 day(s) ago
  • Updated:January 31, 2026 at 06:19 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:3,900 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning
  • Heating:Central

Structure and exterior

  • Year built:1952
  • Building area:3,900 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Sewer:Connected and Paid, In

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$397.44
Based on information from the California Desert Association of REALTORS® as of January 31, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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