John Bomgardner

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Listing provided courtesy of The Firm Brokerage - MLS#219100452PSMLS Provider

777 N Palm Canyon DrivePalm Springs, CA 92262

Multi-Family · 0.55 Acres

$3,950,000 Active

Overview

Time on Site:
74 days
Visits:
0

The Firm Brokerage is pleased to offer 777 N Palm Canyon, a multi-tenant retail/office building, for sale in the coveted Uptown Design District in Downtown Palm Springs. Adjacent to the prestigious Las Palmas neighborhood, this 11,000 SF, two-story building offers ample on-site covered parking with great street frontage. The first floor is currently occupied by two tenants occupying four suites, one of which being the national cannabis-brand tenant: Cookies. The second floor features five total suites, of which three are vacant and are in shell condition ready for a new tenant to bring the space to life! The upstairs also offers incredible views of Palm Canyon Drive and the San Jacinto mountains. Whether you're an owner/user looking to occupy over 50% of the total square footage, or searching for an investment sale, the remainder of the vacant space is easily leasable. The location also makes it a very exciting future redevelopment play. Reach out now for more information or if you'd like to schedule a private showing.

View Map

Facts & Features

  • Type Multi-Family
  • Lot 0.55 Acres

General

Building Information
  • Year Built: 1981
Location/Region
  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 332 - Central Palm Springs
  • Subdivision Name: Old Las Palmas
Rent/Lease Information
  • Land Lease: No
General Information
  • Parcel Number: 505283008
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information
  • Garage: No
Beds/Baths
  • Bathrooms Total: 0
General Information
  • Fireplace: No
  • Levels: Two
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information
  • Open Parking Spaces: 45.0
  • Parking Features: Unassigned
  • Parking Total: 45.0
Lot Information
  • Lot Size Acres: 0.55
  • Lot Size Area: 23958.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 23958.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
Waterfront/View
    Building Exterior/Construction
    • Property Attached: No
    General Information
    • Number Of Units Total: 8
    • Pool Private: No

    Neighborhood

    Palm Springs

    Nestled at the base of the San Jacinto Mountains, the beautiful desert resort city of Palm Springs is an international destination for outdoor sport enthusiasts, Mid-Century architecture admirers, and fans of the glamour of Golden Era Hollywood. Palm Springs is located approximately 110 miles southeast of Los Angeles and 140 miles northeast of San Diego, making it an ideal distance for Southern California residents to escape for a quick getaway weekend or the perfect locale for a second home.
    Learn More

    Community

    92262 (Palm Springs) Demographics
    53
    Median Age
    775
    Population Density (per sq. mile)
    48%
    College Educated
    $55,757
    Estimated Median Income
    8,518
    Estimated Total Home Owners
    5,359
    Estimated Total Renters
    61% / 39%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    Elementary Schools
    3
    Public
    Katherine Finchy Elementary
    • Grades: KG - 5
    • Enrollment: 603
    3
    Public
    Vista del Monte Elementary
    • Grades: KG - 5
    • Enrollment: 536
    Middle Schools
    2
    Public
    Raymond Cree Middle
    • Grades: 6 - 8 /
    • Enrollment: 835
    High Schools
    2
    Public
    Palm Springs High
    • Grades: 9 - 12 /
    • Enrollment: 1,613
    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    Monthly Cost

    $
    $ %
    %
    $
    $
    * Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

    Market Data

    Based on the last 30 days in this zip code

    $1,170,336
    Median Sales Price
    $621
    Median Price per Square Foot
    216
    Properties Sold
    132
    New on Market
    65
    Average Days on Market
    562
    Properties for Sale
    Calculations provided by Reliance Network

    History

    Date Event Value Agent
    9/27/2023Source: CRMLS Added to Database
    September 27, 2023
    9/27/2023Source: California Desert MLS Added to Database
    September 27, 2023