N Indian Canyon Dr Palm Springs, CA 92262
20-unit apartment complex in Palm Springs' Uptown neighborhood.
Property size:
19,602 SFLot size:
0.45 AcresProperty Features for N Indian Canyon Dr
General Information
- Standard status
- Active
- Size
- 19,602 SF
- Lot size
- 0.45 Acres
Building Details
- Year built
- 1966
Source:
Corcoran
Listing Agent: William Melton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Palm Springs Multifamily Investment Opportunity
The Olivera Apartments present a multifamily investment opportunity in Palm Springs, CA, featuring 20 units. Located on N Indian Canyon Dr in the Uptown neighborhood, the property is fully occupied and includes one-bedroom, one-bath units. Constructed in 1966, the two-story building is situated on a 0.45-acre lot and provides 20 on-site parking spaces. Residents have access to a swimming pool and shared laundry facilities. The location provides convenient access to retail, dining, and entertainment options along the North Palm Canyon corridor. Tenants are responsible for electric and gas utilities, 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 value.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.5446934
- Latitude
- 33.8228366
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FAQs
What type of property is this?
Apartment building - 20-unit apartment complex in Palm Springs' Uptown neighborhood.
Where is this apartment building located?
The property is located at 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: - Premier location in the heart of Palm Springs' Uptown neighborhood, offering convenient access to retail, dining, and entertainment.; - Significant value-add potential through interior upgrades and improved operations due to below-market rents.; - Fully occupied 20-unit multifamily property, indicating strong tenant demand.