1680 Palm Canyon Palm Springs, CA 92264
30+1 unit multifamily community in Palm Springs' Deepwell Estates.
Type:Commercial
Property size:
20,296 SFLot size:
0.94 Acres- Added:
- Apr 4, 2026
- Days on Market:
- 17
- Last Refresh:
- Apr 4 at 8:06 pm
Property Features for 1680 Palm Canyon
General Information
- Standard status
- Active
- Size
- 20,296 SF
- Lot size
- 0.94 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing agent ERIC CHEN License #01489184
Listing office CB RICHARD ELLIS (909) 418-2000
Listing date Apr 4, 2026
Source Corcoran
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 CB RICHARD ELLIS
Overview
Deepwell Apartments Multifamily Investment Opportunity
The Deepwell Apartments present an opportunity to acquire a multifamily community located at 1680 E Palm Canyon Drive in Palm Springs, CA. This property features 30+1 units and yields $705,600 annually. The building, encompassing approximately 20,296 square feet, is situated on a lot of approximately 40,946 square feet within the Deepwell Estates neighborhood. The unit mix includes studios, one-bedroom/one-bathroom, two-bedroom/one-bathroom, and a three-bedroom/two-bathroom unit. The property has undergone recent renovations, with all units featuring high-end finishes such as woodgrain-look ceramic tile flooring, designer tile in kitchens and bathrooms, and stainless steel appliances. Air conditioning units have been replaced, and the gated exterior has been upgraded.
Location Intelligence
Current Use by Public Records
Deepwell Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.5287472
- Latitude
- 33.8017857
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 30+1 unit multifamily community in Palm Springs' Deepwell Estates.
Where is this apartment building located?
The property is located at 1680 Palm Canyon Palm Springs, CA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Turn‑key luxury investment with recent substantial renovations and high‑end finishes throughout all units.; Attractive 6.59% current Cap Rate and 6.07% Cash‑on‑Cash return, yielding $705,600 annually.; Located in the prestigious Deepwell Estates, known for mid‑century modern architecture and high‑end residential appeal.
