CA > Palm Springs > 43 @ Racquet Club
Palm Springs, CA 92262,2303 N Indian Canyon Dr
Palm Springs, CA 92262,2303 N Indian Canyon Dr
Palm Springs, CA 92262,2303 N Indian Canyon Dr
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$3,125,000
Est. payment /mo
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1 Bed
1 Bath
19,602 SqFt
Price Dropped by $125K

2303 N Indian Canyon Dr Palm Springs, CA 92262

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Derek Johnson

Derek Johnson

+1(310) 424-8883

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,602 sqft

Price per Sqft $159

Subdivision 43 @ Racquet Club

MLS Listing ID CV25165133MR

Bedrooms 1

Year Built 1966

Lot Size 0.450 Acres

Property Sub-Type Multi-Family

Property Description

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!

Location

State CA

County Riverside

Area Palm Springs North End

Interior

Cooling Central

Fireplaces Type Bath, Electric, Family Room, Gas, Kitchen, Living Room

Laundry Laundry Area

Exterior

Community Features Biking, Sidewalks, Storm Drains, Street Lights

View Y/N No

View None

Building

Story 2

Sewer Public Sewer

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by PAEZ REALTY COMPANY

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Derek Johnson

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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2303 N Indian Canyon Dr