Apartment Community with
For Sale
$3,500,000
1433-1455 N Indian Canyon Dr, Palm Springs, CA 92262
Upgraded unit interiors, gated courtyards, ductless HVAC, and open parking support resident convenience.
Property SizeContact for details
Days on Market91
Property Features for 1433-1455 N Indian Canyon Dr
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Cap Rate
5.5%
Multifamily Units
24
Amenities
swimming pools
gated courtyards
ductless mini split air conditioning
Listing Agency:
Triqor Group
Listed By:
Ryan Loria Ryan.Loria@TriqorGroup.com
Source:
Viewsandiegohouses
Added: Jun 3
Changed: Aug 31
Last Checked: Aug 31 at 5:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triqor Group
Investment Insights
Based on property information with market context.
Sunset Palms Apartments is a 24-unit community comprising studios, one-bedroom units, and two-bedroom units across three adjoining parcels. Most residences feature wood-look porcelain tile, refreshed kitchens and bathrooms, stainless steel sinks, dual-pane windows, and sliding glass doors. New ductless mini-split systems provide heating and air conditioning throughout the property.
The community is located at 1433-1455 N Indian Canyon Dr in Palm Springs, California. Residents have access to two swimming pools positioned within gated courtyards, along with open parking. The property currently reflects a 5.5% cap rate based on in-place rents, with an 8.2% cap rate identified at market rents and approximately 28% rental-income upside.
The community is located at 1433-1455 N Indian Canyon Dr in Palm Springs, California. Residents have access to two swimming pools positioned within gated courtyards, along with open parking. The property currently reflects a 5.5% cap rate based on in-place rents, with an 8.2% cap rate identified at market rents and approximately 28% rental-income upside.
Key Highlights
- 24‑unit apartment community with studios, one‑bedroom, and two‑bedroom units
- Three side‑by‑side individual parcels at 1433‑1455 N Indian Canyon Dr
- Most units upgraded with porcelain tile, updated kitchens and baths, and dual‑pane windows
Property Analytics
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
1,448
Businesses Nearby
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Upgraded unit interiors, gated courtyards, ductless HVAC, and open parking support resident convenience.
Where is this apartment building located?
The property is located at 1433-1455 N Indian Canyon Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 24‑unit apartment community with studios, one‑bedroom, and two‑bedroom units; Three side‑by‑side individual parcels at 1433‑1455 N Indian Canyon Dr; Most units upgraded with porcelain tile, updated kitchens and baths, and dual‑pane windows
