Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    Yes

  • Pool Features

    Community, In Ground

Area & Lot

  • Lot Size(acres)

    0.56

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $7,550,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Riverside

Elementary School

Middle School

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Listing Courtesy of ERIC CHEN , CB RICHARD ELLIS

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803 North Palm Canyon Drive is located at the intersection of N Palm Canyon Drive and Tamarisk Road within the desirable North Palm Canyon Uptown District. It is surrounded by shopping venues, trendy restaurants & coffee shops, entertainment, schools, and medical facilities.

The property is centrally located within the Coachella Valley and accessed by the CA-111 highway (Palm Canyon Drive). Its location offers convenient access to the neighboring cities of Cathedral City, Palm Desert, Indio, Indian Wells, and La Quinta. Desert attractions such as Joshua Tree National Park, Mt. San Jacinto, Empire Polo Club in Indio (home to Coachella and Stagecoach Music Festivals), and more than 120 golf courses within the Coachella Valley are also easily accessible. San Bernardino County, Orange County, Los Angeles County, mountain ski resorts and beach cities are all within a 2-hour drive.

803 North Palm Canyon Drive consists of 11, two-bedroom/two-bathroom and 1, two-bedroom/two-and-one-half-bathroom townhouse-style units, with an average unit size of 1,457 square feet. The units offer exquisite interior finishes, with all but one unit offering a loft. There is covered parking and storage on the first level, and a beautiful pool deck and townhouse access on the second level. There is also a ±3,453 square foot ground floor retail space, which is occupied. The property is situated on one parcel with a total of ±24,394 square feet of land, with a total building size of ±20,933 square feet. 

803 North Palm Canyon Drive features sleek architecture; desert landscaping; covered parking on the ground floor including 12 individual garages; luxurious pool deck on the second floor with shaded cabanas; and an elevator serving the second floor. Unit amenities include high-end Euro-style cabinetry; built-in subzero refrigerators; stainless steel oven/stove combinations with stainless steel range; engineered stone countertops; tile back splash in kitchens; sleek fireplace; 20-foot ceilings in living space with floor to ceiling windows; lofts in all but one unit; patio and balcony in every unit; dual vanities and custom tiled shower in primary bathroom; on demand water heaters; in unit washer and dryers, and central air conditioning and heating.

The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

803 N Palm Canyon Drive

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The Twin Palms Villas lot totals at 2.34 acres and consisting of 5 buildings and multiple parking lots. The property is located at 495 E Twin Palms Drive, Palm Springs, CA, and is conveniently located a short distance from the Downtown Palm Springs, the Historic Tennis Club, the Palm Springs Art Museum, the Palm Springs International Airport & many major regional employers. This 51 unit apartment community is composed of (41) One bedroom / One bathroom units and (10) Two bedroom /One bathroom units. The current ownership’s emphasis has been on quality updates which include capital improvements exceeding $300,000 within the last year. Some of these improvements include parking lot re-done, floor replacement, window replacement, HVAC replacement, rehab expenses, landscaping expenses, plumbing replacement, and numerous other quality updates
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MLS#: IV25172556

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