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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.
Full Property Details
Full Property Details for 1059 Palm Canyon Dr
General
- Status: Closed
- Type: Multi-Family
- Source: Desert_Area_Palm_Springs
- MLS ID: 219142445
- Added to Site: 162 day(s) ago
Interior
- Number of Fireplaces: 1
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Additional Information
- Security/Safety: Other
Parking
- Total Spaces: 6
Location
- Area: 332 - Palm Springs Central
- County: Riverside
- Subdivision: Old Las Palmas
- Cross Streets: Palm Canyon & Via Lola
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central
Utilities
- Sewer: In, Connected and Paid
Structural Information
- Sub-Flooring: Carpet, Ceramic Tile
- Year Built: 1952
- Year Built Source: Assessor
Lot Features
- Property View: Yes
- Lot Size Source: Assessor
Financial Considerations
- Terms: Conventional, Cash to New Loan, Cash
Disclosures and Reports
- APN: 505261007
Listed by KW Coachella Valley, Adam M Gilbert
Sold by Thomas Masters
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Schools
Schools serving 1059 Palm Canyon Dr
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Katherine Finchy Elementary School 777 East Tachevah Drive, Palm Springs, CA 92262 | K-5 | 0.5 mi |
Raymond Cree Middle School 1011 East Vista Chino, Palm Springs, CA 92262 | 6-8 | 0.8 mi |
Palm Springs High School 2401 East Baristo Road, Palm Springs, CA 92262 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1059 Palm Canyon Dr
Date
Details
Price
Change
Source
1/31/2026
Sold
$1,550,000
—
MLS
1/31/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1059 Palm Canyon Drive, Palm Springs, CA 92262 (MLS# 219142445) is a Multi-Family property that was sold on January 31, 2026. Want to learn more about 1059 Palm Canyon Drive? Do you have questions about finding other Multi-Family real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.

