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
See this Listing
Schools
Interior
Flooring
TILE, CARP
Heating
CF
Levels
A
Exterior
Parking Spots
6
Parking Total
6
View
MT
Financial
Map
Community
- Address1059 N Palm Canyon DR Palm Springs CA
- SubdivisionOld Las Palmas
- CityPalm Springs
- CountyRiverside
- Zip Code92262
Market Summary
Current real estate data for Single Family in Palm Springs as of Apr 19, 2026
930
Single Family Listed
100
Avg DOM
422
Avg $ / SqFt
$1,016,161
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 $422. The average listing price for Single Family in Palm Springs is $1,016,161.
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Courtesy of KW Coachella Valley. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1059 N Palm Canyon DR
Palm Springs, CA

