980 N  Indian Canyon Dr, Palm Springs, CA 92262
SOLDJUL 26, 2023
Listed by Adam Gilbert, The Firm Brokerage, (760) 408-8874 . Bought with HomeSmart

980 N Indian Canyon Dr
Palm Springs, CA 92262

The Movie Colony
  • Studio
  • Studio

$2,000,000

Last Sold: Jul 26, 2023
9% below list $2.2M
Est. Refi. Payment $12,757/mo*

Homes for Sale Near 980 N Indian Canyon Dr

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from July 27, 2023
The Firm Commercial presents the rare opportunity to own a 9-unit apartment complex in Palm Springs' famous and highly desirable Movie Colony District. In the heart of downtown Palm Springs, this property includes five one-bedroom units, one two-bedroom unit, and three penthouse style studios overlooking a fabulous courtyard with a pool and stunning mountain views. This property has huge upside potential and is an amazing opportunity for rarely available multifamily! Reach out now for more information, or if you'd like a private showing.

Home Highlights

Parking
10 Parking Spaces
Outdoor
Pool
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
80 days ago

Home Details for 980 N Indian Canyon Dr

Interior Features

Heating & Cooling
Heating: CentralHas HeatingHeating Fuel: Central
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Laminate
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Has a Private Pool
Parking & Garage
Open Parking Spaces: 10No CarportNo GarageParking Spaces: 10Parking: Unassigned
Pool
Pool: In GroundPool

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not Attached Property
Property Information
Parcel Number: 507151010

Price & Status

Price
List Price: $2,200,000
Status Change & Dates
Off Market Date: Thu Jul 27 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Palm SpringsCommunity: Movie Colony

Community

Not Senior Community

HOA

Association for this Listing: California Desert AOR & Palm Springs AOR

Lot Information

Lot Area: 0.36 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

No Rent Control

Miscellaneous

Mls Number: 219096025PS
Last check for updates: 1 day ago
Listed by Adam Gilbert DRE #01914157, (760) 408-8874
The Firm Brokerage
Bought with: William De La Campa DRE #01093765, (760) 409-8255, HomeSmart
Originating MLS: California Desert AOR & Palm Springs AOR
Source: CRMLS, MLS#219096025PS

Price History for 980 N Indian Canyon Dr

DatePriceEventSource
07/26/2023$2,000,000Sold
CRMLS #219096025PS
07/04/2023$2,200,000ContingentCRMLS #219096025PS
06/08/2023$2,200,000Listed For SaleCRMLS #219096025PS
06/05/2023$2,200,000ListingRemovedCRMLS #219089113PS
06/04/2023$2,200,000PendingToActiveCRMLS #219089113PS
05/19/2023$2,200,000PendingCRMLS #219089113PS
04/13/2023$2,200,000ContingentCRMLS #219089113PS
03/26/2023$2,200,000PriceChange
CRMLS #219089113PS
01/09/2023$2,400,000Listed For SaleCRMLS #219089113PS
10/05/2021$1,950,000Sold
CRMLS #219063516PS
08/12/2021$1,990,000ContingentPalm Springs Regional AOR #219063516
07/22/2021$1,990,000PendingToActivePalm Springs Regional AOR #219063516
07/12/2021$1,990,000PendingPalm Springs Regional AOR #219063516
06/16/2021$1,990,000Listed For SalePalm Springs Regional AOR #219063516

Comparable Sales for 980 N Indian Canyon Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Multi-Family Home
$2,000,000
07/26/23
9
9
7,000
0.38
Multi-Family Home
$2,130,000
05/15/23
-
-
0.54
Multi-Family Home
$2,200,000
05/23/23
-
-
0.59
Multi-Family Home
$1,925,000
11/10/23
-
-
1.47
Multi-Family Home
$989,000
10/18/23
-
-
1.45
Multi-Family Home
$825,000
09/18/23
4
3
1,700
1.62
Multi-Family Home
$1,400,000
12/29/23
-
-
1.51
Multi-Family Home
$810,000
08/24/23
-
-

Assigned Schools

These are the assigned schools for 980 N Indian Canyon Dr.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 980 N Indian Canyon Dr

Off Market Homes Near 980 N Indian Canyon Dr

980 N Indian Canyon Dr, Palm Springs, CA 92262 is a studio multi-family built in 1945. 980 N Indian Canyon Dr is located in The Movie Colony, Palm Springs. This property is not currently available for sale. 980 N Indian Canyon Dr was last sold on Jul 26, 2023 for $2,000,000 (9% lower than the asking price of $2,200,000).