x
Showing 1 of 0
X
Save

2303 N Indian Canyon Dr
Palm Springs CA 92262 US

$3,125,000

Active Listing ID CV25165133
bed icon
1 bed
bath icon
1.00 Bath (1 Full)
lot icon
Lot: 19,602.00 Square Feet
home icon
Apartment

$3,125,000

Active Listing ID CV25165133
Save

2303 N Indian Canyon Dr 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!

Collapse all

Property Features

  • Facts
  • Lot Size: 19,602.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 1
  • Cooling System: Central Air
  • Exterior Finish: Community Features Included: Biking, Sidewalks, Storm Drains, Street Lights, 16-20 Units/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 3125000
  • unparsedaddress: 2303 N Indian Canyon Dr
  • postalcity: Palm Springs
  • stateorprovince: CA
  • country: US
  • postalcode: 92262
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.45
  • lotsizeunits: Square Feet
  • lotsizearea: 19602
  • livingarea: 19602
  • livingareaunits: Square Feet
  • listagentfullname: William Melton
  • listagentemail: BIlly@vma.com
  • listagentkey: 3yd-MRMLSCA-CV44133
  • listagentmlsid: CV44133
  • listagentpreferredphone: 9094763552
  • listagentofficephone: 9094763552
  • listofficekey: 3yd-MRMLSCA-50526
  • listagentstatelicense: 01342816
  • listofficemlsid: 50526
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1966
  • listingcontractdate: 2025-07-22
  • countyorparish: Riverside
  • parcelnumber: 504260022
  • cooling: Central Air
  • numberofunitstotal: 20
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • view: None
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Biking, Sidewalks, Storm Drains, Street Lights, 16-20 Units/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 1, Kitchen
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Paez Realty Company", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"BIlly@vma.com", "ListBrokerageCity":"Ontario", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Robert@PaezRealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Paez Realty Company", "ListBrokeragePhone":"(909) 476-3552", "ListBrokeragePostalCode":"91764", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3400 Inland Empire Boulevard Suite 101", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3400 Inland Empire Blvd St 101", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"c32237", "ListOfficeCity":"Ontario", "ListOfficeCountry":"US", "ListOfficeEmail":"Robert@PaezRealty.com", "ListOfficePostalCode":"91764", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Palm Springs, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2303-N-Indian-Canyon-Dr_Palm-Springs_CA_92262_M28424-29731?f=listhub&s=MRMLSCA&m=CV25165133&c=rexren", "MLSModificationTimestamp":"2025-07-22T16:41:24Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/30/2025 12:08:59 AM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: William Melton, PAEZ REALTY COMPANY, BIlly@vma.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.