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2231 N Palm Canyon Drive, 
Palm Springs, CA 92262

$1,250,000


7

Beds


7

Baths


5,500

Sq Ft


Multi-Family

Active

Listed by

Adam M Gilbert

Kw Coachella Valley

Last updated:

September 17, 2026, 03:23 PM

MLS#

219152788

Source:

CA DAMLS

About This Home

2231 N Palm Canyon Drive

Excellent investment opportunity on highly visible North Palm Canyon Drive in Palm Springs. This 8-unit mixed-use property consists of 7 residential units plus 1 commercial storefront, offering a strong combination of current income and additional upside. Several of the units have undergone substantial remodeling along with a renovated commercial storefront. The property features excellent street frontage, private patios for the residential units, six ground-floor residences, and one upstairs unit. The current rent roll demonstrates the property's ability to command strong rents and still has upside potential. Located along one of Palm Springs' primary commercial corridors, this property presents an attractive opportunity for an investor seeking strong in-place rents, remodeled units, mixed-use income, and additional value add opportunities. Excellent visibility, established residential tenancy, and continued upside make this a compelling Palm Springs investment.

Home Facts

Multi-Family

7 Baths

7 Bedrooms

Built in 1946

Subdivision & Development:

Chino Canyon

Price Summary

1,250,000

$227 per Sq. Ft.

MLS #:

219152788

Last Updated:

September 17, 2026, 03:23 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

5,500 Sq. Ft.


Structure

Structure

Building Area:

5,500 Sq. Ft.

Year Built:

1946


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$227 per Sq. Ft.

Source:CA DAMLS
Based on information from the California Desert Association of REALTORS® as of September 17, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.