980 N Indian Canyon Drive, Palm Springs, CA 92262
$1,950,000
Property Type:
Residential Income
Bedrooms:
10
Baths:
9
Square Footage:
7,000
Status:
Closed
Current Price:
$1,950,000
List Date:
7/22/2021
Last Modified:
5/14/2026
Description
The Firm presents a rare opportunity to own a 9-unit apartment complex in Palm Springs' famous and highly desirable Movie Colony District. In the heart of downtown Palm Springs this property has a breakdown of: five one-bedroom units, one two-bedroom unit, and three penthouse style studios overlooking a fabulous courtyard with a pool and stunning mountain views. This property has huge upside potential and is an amazing opportunity for rarely available multifamily.
More Information MLS# 219063516
Listing, Location and Property Info
Entry Date: 2021-06-14
Land Type: Fee
General Property Information
Total Units: 9
SqFt Source: Appraiser
Fireplace: No
Building # of Stories: 2
Pool: Yes
Zoning: R-3
Total Bedrooms: 10
Full Baths: 9
Total Baths: 9
Approx SqFt: 7000
Lot Size: 15682
Lot Size Source: Appraiser
Year Built: 1945
Cross Streets: E Tachevah Dr
Listing Info
Number of Buildings: 1
Tax Info
Tax Mello Roos: Unknown
Property Info
View: Yes
Senior Community: No
Gated Community: No
Counts
# Electric Meters: 10
# Gas Meter: 1
# Water Meters: 1
Sale Type
Standard: 1
Listing Terms
Cash to New Loan: 1
Parking Spaces/Information
Total Covered Spaces: 0
Total Uncovered/Assigned Spaces: 10
View Type
Mountain(s): 1
Disclosures
None: 1
Levels
Two: 1
Flooring
Laminate: 1
Cooling Type
Air Conditioning: 1
Ceiling Fan(s): 1
Pool Location
Community: 1
Pool Construction
In Ground: 1
Pool Description
In Ground: 1
Heating
Central: 1
Rooms
Other: 1
Security Safety
Other: 1
Sewer
In, Connected and Paid: 1
Parking
Assigned: 1
Contingent Upon
Other: 1
Unit Information
Number of Units Leased: 6
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 507151010
Status: Closed
Listing Date: 2021-06-06
Original List Price: 1990000
Sold Price: $1,950,000
Current Price: $1,950,000
Street #: 980
Street Direction: N
Street Name: Indian Canyon
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92262
Area: 331 - Palm Springs North End
Country: US
Status Change Info
Status Change Date: 2021-10-08
Pending Date: 2021-10-05
Closed Date: 2021-10-05
Closed Price: 1950000
Parking SpacesInformation
Total Parking Spaces: 10
Property Features
Sale Type: Standard
Listing Terms: Cash to New Loan
View Type: Mountain(s)
Disclosures: None
Levels: Two
Flooring: Laminate
Cooling Type: Air Conditioning; Ceiling Fan(s)
Pool Location: Community
Pool Construction: In Ground
Pool Description: In Ground
Heating: Central
Rooms: Other
Security Safety: Other
Sewer: In, Connected and Paid
Parking: Assigned
Contingent Upon: Other
Land Lease Type: Fee Simple
Documents
Flyer ›
Listing Office:
The Firm Commercial Referrals
Listing Agent:
Adam M Gilbert
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
