2481 N Palm Canyon Dr, Palm Springs, CA 92262
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2481 N Palm Canyon Dr Palm Springs, CA 92262

$1,575,000 Sold Price as of 11/16/2021
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,575,000 Sold Price as of 11/16/2021 Refinance Your Mortgage

Map preview of 2481 N Palm Canyon Dr, Palm Springs, CA 92262

Property Overview: 2481 N Palm Canyon Dr Palm Springs, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,227 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: If you've been to Palm Springs, you know this building, plastered with the Iconic James Haunt mural. This hard to find Residential/Retail/Office building is awaiting your finishing touches. This is a prime signalized location with many new developments in the area and approx. 40,000 daily traffic count from locals and visitors alike. The building was designed to garner street frontage as well as consume the killer mountain views. The building includes 4 units total, individually metered for gas and electric. Two ground floor office/retail units and 2 upstairs 1 Bed loft-style apartments with cantilevered balconies make up the space. Live and work in Palm Springs!! Delivered vacant and sold AS-IS.

Listed by Troy Kudlac | BRE #01498474 | KUD Properties, Inc.
Co-listed by Stout | BRE # | KUD Properties, Inc.
Last checked: 5 minutes ago | Last updated: October 19th, 2023 | Source CRMLS | DOM: 81

Home details

Lot Sq. Ft
5,227
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
219066105DA
City
Palm Springs
County
Riverside
Time on Site
986 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
  • Improvements Total: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2481 N Palm Canyon Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
Fireplace Information
  • No Fireplace
Room Information
  • See Remarks
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s)
  • Total # of Units: 4
  • Parcel Number: 504224010
  • Year Built Source: Appraiser
  • Property is Attached
  • Property Condition: Repairs Cosmetic
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-1
  • Directions: One building south of the SWC of N Palm Canyon and Racquet Club.
View more facts & features

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Sale History for 2481 N Palm Canyon Dr

Last sold for $1,575,000 on November 16th, 2021
  • August, 2021

  • Aug 30, 2021

    Date

    Active Under Contract

    CRMLS: 219066105DA

    $1,599,000

    Price

  • Aug 12, 2021

    Date

    Active

    CRMLS: 219066105DA

    $1,599,000

    Price

  • July, 2021

  • Jul 1, 2021

    Date

    Expired

    CRMLS: 219055771DA

    $1,699,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: 219055771DA

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2021

  • Jul 1, 2021

    Date

    Expired

    CRMLS: 219055262DA

    $1,699,000

    Price

  • Jan 6, 2021

    Date

    Active

    CRMLS: 219055262DA

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2021

  • Jan 6, 2021

    Date

    Canceled

    CRMLS: 219055241DA

    $1,699,000

    Price

  • Jan 6, 2021

    Date

    Active

    CRMLS: 219055241DA

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2018

  • Apr 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • May, 2001

  • May 23, 2001

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

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Tax History for 2481 N Palm Canyon Dr

Assessed Value (2020): $603,431
Year Land Value Improved Value Assessed Value
2020 $90,514 $512,917 $603,431

Home Value Compared to the Market

This property vs the competition

2481 N Palm Canyon Dr sold on November 16, 2021 for 146% higher than the current median sold price for the city of Palm Springs which is $650,000.

About 2481 N Palm Canyon Dr

Detailed summary of property

2481 N Palm Canyon Dr is a multi family that recently sold in Palm Springs, CA 92262. This multi family property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,227 square foot lot. 2481 N Palm Canyon Dr was first listed on ArdentRealEstateGroup.com on August 12, 2021. The homeowner sold the property for $1,575,000. Home in Palm Springs are selling for a median price of $650,000 and a median price per square foot of $438. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 146% higher than the current median priced home. Local homes that are currently for sale include 2325 Angela St, 2325 Angela St and 1379 S Gibbs St. While the average home in Palm Springs, CA is selling in 105 days, 2481 N Palm Canyon Dr has a days on market of 81 days. There are currently 919 homes for sale in the Palm Springs real estate market and 474 of them are single family homes while 428 of them are condos and 17 are townhomes. For more information on this home for sale at 2481 N Palm Canyon Dr Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 2481 N Palm Canyon Dr

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
--
Lot Size
5,227
Stories
2
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
29
APN
504-224-010

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$839,000
Median List Price/Sq.Ft.
$496
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$487
Total Inventory
504
Median Sale to List Price %
98.06%
Avg Days on Market
53
Loan Type
Conventional (14.12%), FHA (1.18%), VA (0%), Cash (44.71%), Other (20%)

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Related Resources to 2481 N Palm Canyon Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.