2231 N Palm Canyon Drive Palm Springs, CA ^$ 1,250,000

2231 N Palm Canyon Drive

^$ 1,250,000

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2231 N Palm Canyon Drive

Palm Springs, CA, 92262

^$ 1,250,000

Bedrooms7 Baths7.0 Sq 5,500

Monthly Estimate*

^$ 8,633

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Multi-Family Home for sale in Palm Springs, CA

for $1,250,000 with 7 bedrooms and 7 full baths. This 5,500 square foot home was built in 1946.

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.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Year Built

1946

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

219152788

Features

General

Living Area 5500

Sewer In Connected and Paid

Heating Central

Cooling Air Conditioning Ceiling Fan(s) Central Air

Possession Close Of Escrow

Garage Spaces 0

Year Built 1946

View Mountain(s)

Levels Two

Property Subtype Apartment

County Riverside

Property Type Residential Income

Subdivision Name Chino Canyon

Status Active

City Palm Springs

Senior Community Y/N false

MLS Area 331 - Palm Springs North End

Carport Spaces 0

Listing Terms 1031 Exchange Cash Cash to New Loan Conventional

Walk Score 0

Standard Status Active

Interior

Flooring Tile

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

1/4 Baths 0

Total Baths 7

Exterior

Parking Features Other Total Uncovered/Assigned Spaces

Total Parking 4

Lot Size Area 5227

Spa false

Building Area Total 5500

Lot Size Source Assessor

* Excluded Features

List By

Adam M Gilbert

Listing Agent

Kw Coachella Valley

Broker

adam@firmcompanies.com

Affordability Calculator

$8,633

Per Month

Monthly Principal & Interest: $8,633
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Palm Springs, CA

Average List Price ^$1,299,935

Percent of Sale Price 4%

About Palm Springs, CA

46,525 Population

9% Since 2002

^$49,313 Median Income

54.63 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
9/16/2026	$1,250,000		Listed Price

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2231 N Palm Canyon Drive, Palm Springs, CA, 92262 is a Multi-Family Home for sale at $1,250,000 with 5,500 sqft. 2231 N Palm Canyon Drive has 7 bedrooms, 7.0 baths, and was built in 1946. The property's zip code is 92262 which is in Palm Springs, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 9/16/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2231 N Palm Canyon Drive

Multi-Family Home for sale in Palm Springs, CA

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