641 N Palm Canyon Dr, Palm Springs, CA 92262

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Building Details:

Location, Location minutes to downtown Palm Springs, Spa Resort & Casino, and Desert Regional Hospital. This trophy property is on 1.3 acres with frontage on Palm Canyon Drive in the prestigious Las Palmas area. There are 41 units - (14) one bedrooms, (26) studios (1) 2 bedroom, and (2) commercial spaces with long term leases. The property has been upgraded within the last 4 years with new roofs, interior and exterior paint, 65% new kitchens with maple or oak cabinets, new air conditioners, replastered pool, new exterior sprinklers and lighting systems and some new interior flooring.. All come with refrigerators, ranges and A/C units. Laundry room with four energy efficient washers and dryers for extra income. This destination property has endless possibilities (1) keep as apartments, (2) turn into a boutique resort (3) combination of both or (4) land bank for future development. The trend today and in the future is to live in downtown area where you work and have nightlife.

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