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

Overview

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.

Listing Details MLS# 219063516

General Property Information

Total Units
9
Total Bedrooms
10
Full Baths
9
Total Baths
9
Approx SqFt
7000
SqFt Source
Appraiser
Fireplace
No
Building # of Stories
2
Pool
Yes
Lot Size Source
Appraiser
Zoning
R-3
Year Built
1945
Cross Streets
E Tachevah Dr

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

Listing Location and Property Info

APN
507151010
Original List Price
1990000
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

Listing Info

Number of Buildings
Yes

Tax Info

Tax Mello Roos
Unknown

Property Info

Senior Community
No
Gated Community
No

More Information

Status Change Info

Status Change Date
2021-10-08
Pending Date
2021-10-05
Closed Date
2021-10-05
Closed Price
1950000

Counts

# Electric Meters
10
# Gas Meter
Yes
# Water Meters
Yes

Parking SpacesInformation

Total Parking Spaces
10

Unit Information

Number of Units Leased
6

Documents

Listing Office: The Firm Commercial Referrals
Listing Agent: Adam M Gilbert
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.