About 1059 N Palm Canyon Drive
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.
Features of 1059 N Palm Canyon Drive
| MLS® # | 219142445PS |
|---|---|
| Price | $1,550,000 |
| Sold Price | $1,350,000 |
| Bathrooms | 0.00 |
| Lot Sqft | 10,019 |
| Acres | 0.23 |
| Year Built | 1952 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 8 |
Community Information
| Address | 1059 N Palm Canyon Drive |
|---|---|
| Area | 332 - Central Palm Springs |
| Subdivision | Old Las Palmas |
| City | Palm Springs |
| County | Riverside |
| Zip Code | 92262 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Direct Access, Garage, Other |
| Garages | Direct Access, Garage, Other |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile |
|---|---|
| Heating | Central |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | January 31st, 2026 |
|---|---|
| Date Sold | June 11th, 2026 |
| Days on Market | 79 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Adam Gilbert |
|---|---|
| Office | KW Coachella Valley |