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    2303 N Indian Canyon Dr Palm Springs, CA 92262

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    For Sale
    $3,125,000

    Apartment - Palm Springs, CA

    Type:Apartment
    Property size:
    19,602 SF
    Lot size:
    19,602.00 Acres
    Price / SF:
    $159/SF
    Added:
    Feb 3, 2026
    Days on Market:
    94
    Last Refresh:
    May 8 at 2:06 pm

    Property Features for 2303 N Indian Canyon Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    1
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Kitchen
    Exterior features
    Community Features Included: Biking, Sidewalks, Storm Drains, Street Lights, 16-20 Units/Acre
    Standard status
    Active
    APN
    504260022
    Size
    19,602 SF
    Lot size
    19,602.00 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Floors in Building
    2
    Number of units
    20
    Architectural style
    Other

    We can help!

    Listing Contact
    William Melton

    Listing agent William Melton License #01342816

    Listing office PAEZ REALTY COMPANY 3400 Inland Empire Blvd St 101, Ontario, CA

    Listing date Feb 3, 2026

    MLS# CV26025206 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the heart of Palm Springs' vibrant Uptown neighborhood with convenient access to retail, dining, and entertainment.
    • Significant value‑add potential through interior upgrades and improved operations.
    • Fully occupied 20‑unit multifamily property, indicating strong tenant demand and immediate income.
    • Desirable amenities including a swimming pool and shared laundry facilities.
    • 20 on‑site parking spaces, a valuable amenity for residents.
    • Well‑maintained two‑story layout on a 0.45‑acre lot.

    Overview

    Palm Springs Multifamily Investment Opportunity

    Olivera Apartments presents a multifamily investment opportunity with 20 units in Palm Springs, California. Located at 2303 N Indian Canyon Dr in the Uptown neighborhood, the fully occupied property features one-bedroom, one-bath units. Constructed in 1966, the two-story building is situated on a 0.45-acre lot and includes 20 on-site parking spaces. The property provides amenities such as a swimming pool and shared laundry facilities. Its location offers convenient access to retail, dining, and entertainment options along the North Palm Canyon corridor. Tenants are responsible for electric and gas, while the owner covers water, trash, and common area electricity. The property has a total size of 19602 square feet. The current rents are below market, offering value-add potential through interior upgrades and improved operations. This property is suitable for investors seeking long-term growth and stable returns.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.5460441
    Latitude
    33.8505292

    FAQs

    What type of property is this?
    Apartment building - 20-unit apartment complex in vibrant Uptown Palm Springs.
    Where is this apartment building located?
    The property is located at 2303 N Indian Canyon Dr Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $3,125,000.
    What are key features of this property?
    This property features: Prime location in the heart of Palm Springs' vibrant Uptown neighborhood with convenient access to retail, dining, and entertainment.; Significant value‑add potential through interior upgrades and improved operations.; Fully occupied 20‑unit multifamily property, indicating strong tenant demand and immediate income.
    More about this property
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