Date
Details
Price
Change
Source
7/17/2026
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$3,500,000 Just Listed
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Property Description
We are pleased to present Sunset Palms Apartments, a well-maintained 24-unit apartment community located in Palm Springs, CA. The property offers an attractive unit mix consisting of spacious studios, one-bedroom, and two-bedroom units across three side-by-side individual parcels. Most units have been extensively upgraded with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless steel sinks, and new dual pane windows and sliding glass doors. Community amenities feature two sparkling swimming pools within gated courtyards, new ductless mini split air heating and air conditioning systems, and ample open parking. Sunset Palms offers an exceptional value-add investment opportunity with approximately 28% upside in rental income. The property is currently generating a 5.5% cap rate on in-place rents, with the potential to achieve an 8.2% cap rate as rents are brought to market, providing investors with a clear path to increased cash flow and long-term appreciation.
Full Property Details
Full Property Details for 1433 1455 N Indian Canyon Dr
General
- Price: $3,500,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26156366
- Updated: 7/17/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: Community
Location
- Area: 332 - Central Palm Springs
- County: Riverside
- Development Name: 332 - Central Palm Springs
- Driving Directions: Driving North on North Indian Canyon Drive, Property Will be on Your Left After Passing East Camino Monte Vista
Heating & Cooling
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 24
- # Electric Meters: 24
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 11,183
- Year Built: 1936
Unit Information
Unit 1
- Number of Units: 17
- Total Bathrooms: 1
Unit 2
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.93
- Lot Size (Sq. Ft.): 40,510
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $312.98
- Price Per Unit: 145833
Listed by Triqor Group, Ryan Loria
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Listing agent
— 1433 1455 N Indian Canyon Dr —
Ryan Loria
Triqor Group
949-756-3232
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1433 1455 N Indian 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 | 0.6 mi |
Raymond Cree Middle School 1011 East Vista Chino, Palm Springs, CA 92262 | 6-8 | 0.6 mi |
Palm Springs High School 2401 East Baristo Road, Palm Springs, CA 92262 | 9-12 | 2.2 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 1433 1455 N Indian Canyon Dr
Estimate the Cost
Estimate the Cost for 1433 1455 N Indian Canyon Dr
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Listed and Sold by The Bianco Group
1433 1455 N Indian Canyon Drive, Palm Springs, CA 92262 (MLS# PW26156366) is a Multi-Family property with 24 units containing 0 bedrooms and 0 full bathrooms. 1433 1455 N Indian Canyon Drive is currently listed for $3,500,000 and was received on July 17, 2026. Want to learn more about 1433 1455 N Indian 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.