2303 N Indian Canyon Dr

Palm Springs, CA 92262
  • $3,125,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 19,602

    SqFt

About the Listing 50526 - CV44133

Martinez & Associates, Inc. is proud to present 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!

Listing Highlights for 2303 N Indian Canyon Dr

Status Active
Days on Site 47
Property Type Multi-Family
MLS ® CV25165133
Year Built 1966
Total Square Footage 19,602
Lot/Acreage 0.45

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces: Bath,Electric,Family Room,Gas,Kitchen,Living Room
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: 16-20 Units/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 504260022
  • Tax Year: N/A

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2303 N Indian Canyon Dr Palm Springs, CA 92262

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Originating MLS: CRMLS

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