# 2303 N Indian Canyon Dr, Palm Springs, CA 92262

> **TL;DR:** 1bd/1ba multi-family, $3,125,000 ($159/sqft), built 1966, 19,602 sqft.
> View. Est. $13,542/mo. Listed 66 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,125,000 |
| Price/sqft | $159 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 19,602 |
| Year Built | 1966 |
| Lot Size | 19,602 sqft (0.45 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 66 |

## Why This Home Stands Out

- **Views** - None

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,542 |
| **Total** | **$13,542** |

## Key Amenities

- View

## Property Highlights

- Built in 1966
- 0.45 acre lot
- 2 stories

## Description

### Agent Description
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

- **Address:** 2303 N Indian Canyon Dr, Palm Springs, CA 92262
- **County:** Riverside
- **Neighborhood:** 43 @ Racquet Club (33139)
- **Coordinates:** 33.850529, -116.546044
- **Google Maps:** https://www.google.com/maps?q=33.850529,-116.546044

## Listing Agent

- **Name:** William Melton
- **Brokerage:** PAEZ REALTY COMPANY
- **Phone:** 9094763552
- **Email:** BIlly@vma.com

## Primary Photo

![2303 N Indian Canyon Dr - Primary Photo](http://lh.rdcpix.com/39479a08654e19494bafa5687aaee709l-f1118887145r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/2303-n-indian-canyon-dr-palm-springs-ca-92262-26025206)*

---

**MLS#:** CV26025206 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2303-n-indian-canyon-dr-palm-springs-ca-92262-26025206)

---

## Structured Data

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  "description": "Olivera Apartments, a 20-unit multifamily investment opportunity located in the heart of Palm Springs, CA.\r\n\r\nLocated 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 entertai",
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```