$3,125,000 - 2303 N Indian Canyon Dr, Palm Springs
- 1Beds
- 1Baths
- 0.45Acres
Palm Springs Home For Sale
Olivera Apartments, a 20-unit multifamily investment opportunity located in the heart of Palm Springs, CA. Located at 2303 N Indian Canyon Dr in the vibrant Uptown neighborhood, this fully occupied property consists of one-bedroom, one-bath units and sits on 0.45 acres with 20 on-site parking spaces. Built in 1966, Olivera features a well-maintained two-story layout with desirable amenities including a swimming pool, shared laundry, and convenient access to nearby retail, dining, and entertainment along the North Palm Canyon corridor. Tenants are responsible for electric and gas, while the owner covers water, trash, and common area electricity. Current rents are below market, offering significant value-add potential through interior upgrades and improved operations. With its premier location, below-market rents, and strong tenant demand, Olivera Apartments presents an ideal opportunity for investors seeking long-term growth and stable returns in one of Southern California’s most iconic rental markets. Full offering memorandum available upon request using the contact information listed below!
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- ViewNone
- Has PoolYes
- PoolCommunity
Additional Information
- Date ListedFebruary 3rd, 2026
- Days on Market78
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #CV26025206
- Price$3,125,000
- Bedrooms1
- Bathrooms1.00
- Acres0.45
- Year Built1966
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
- Listing AgentWilliam Melton
- Listing OfficePAEZ REALTY COMPANY
Exterior
- Lot DescriptionSixteenToTwentyUnitsAcre
Community Information
- Address2303 N Indian Canyon Dr
- Area331 - North End Palm Springs
- Subdivision43 @ Racquet Club (33139)
- CityPalm Springs
- CountyRiverside
- Zip Code92262
Interior
- CoolingCentral Air
- FireplaceYes
- FireplacesBath, Electric, Family Room, Gas, Kitchen, Living Room
- # of Stories2
- StoriesTwo
Price Change History for 2303 N Indian Canyon Dr, Palm Springs, (MLS® #CV26025206)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $3,172,500) | $3,125,000 | $47,500 (1.50%) |
Based on information from California Regional Multiple Listing Service, Inc. as of April 22nd, 2026 at 9:58am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.