Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    N Indian Canyon Dr Palm Springs, CA 92262

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,125,000

    20-unit apartment complex in Palm Springs' Uptown neighborhood.

    Property size:
    19,602 SF
    Lot size:
    0.45 Acres

    Property 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: PAEZ REALTY COMPANY 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

    Nearby Similar for Sale

    • $1,500,000
      4,150 SF

      Palm Springs Multifamily Investment Opportunity

      Six-unit apartment complex in Palm Springs' Warm Sands neighborhood.
      587 S Calle Ajo, Palm Springs, CA 92264
      View Details
    • $1,375,000
      3,744 SF

      Palm Springs Multifamily Investment Opportunity

      Six-unit apartment building in Palm Springs with strong rental history.
      1674 Via Salida S, Palm Springs, CA 92264
      View Details
    • New
      $1,525,000
      3,890 SF

      Palm Springs Multifamily Investment Opportunity

      Five-residence multifamily property with income potential in Palm Springs.
      525 S Thornhill Rd, Palm Springs, CA 92264
      View Details
    • New
      $1,100,000
      2,200 SF

      Palm Springs Duplex with Pool

      Stylish duplex in Warm Sands neighborhood with pool and spa.
      610 S Camino Real, Palm Springs, CA 92264
      View Details
    • $999,999
      2,885 SF

      Palm Springs Duplex with Pool

      Versatile Palm Springs duplex with pool, spa, and solar.
      589 S Moutnain Vw Dr, Palm Springs, CA 92264
      View Details
    • $1,295,000
      5,108 SF

      Palm Springs Warehouse For Sale

      2007-built warehouse in Palm Springs with M-2 zoning.
      19024 Ruppert St, Palm Springs, CA 92262
      View Details

    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.
    Request Owner's contact information
    N Indian Canyon Dr Palm Springs, CA 92262
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    N Indian Canyon Dr
    Palm Springs, CA 92262
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N Indian Canyon Dr Palm Springs, CA 92262
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.