1059 N Palm Canyon DR
Palm Springs, CA, 92262
$1,550,000
Beds
0 Baths
0 SqFt
0.23 Acres
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MLS #219142445PS image #0
Prime mixed-use opportunity in the heart of Palm Springs. Located on highly trafficked North Palm Canyon Drive, 1059-1063 N Palm Canyon features five apartment units and three small commercial units, all 100% vacant and ready for immediate occupancy. The property offers exceptional upside for an owner/user or investor seeking to reposition and add value.Surrounded by a vibrant and well-established retail corridor, this prime location benefits from strong foot traffic, excellent visibility, and proximity to downtown Palm Springs’ shops, dining, and entertainment. The commercial spaces are ideal for retail, office, or service uses, while the residential units provide additional income potential once renovated.The property needs some TLC, presenting a rare opportunity to customize and revitalize a mixed-use asset in one of Palm Springs’ most desirable corridors. Endless possibilities for redevelopment, re-tenanting, and long-term hold in a premier location.

Property Details

Price:
$1,550,000
MLS #:
219142445PS
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Old Las Palmas
Neighborhood:
332centralpalmsprings
Listed Date:
Jan 31, 2026
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1952
332 – Central Palm Springs332centralpalmspringsOld Las PalmasMountain(s)

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Market Summary

Current real estate data for Single Family in Palm Springs as of Feb 13, 2026
673
Single Family Listed
65
Avg DOM
414
Avg $ / SqFt
$994,211
Avg List Price

Property Summary

    Located in the Old Las Palmas subdivision, 1059 N Palm Canyon DR Palm Springs CA is a Single Family for sale in Palm Springs, CA, 92262. It is listed for $1,550,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1952. The average price per square foot for Single Family listings in Palm Springs is $414. The average listing price for Single Family in Palm Springs is $994,211.

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1059 N Palm Canyon DR
Palm Springs, CA