Property Details
About this Property
Martinez & Associates, Inc. is proud to present 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!
MLS Listing Information
MLS #
CRCV25161388
MLS Source
California Regional MLS
Days on Site
4
Rental Information
Rent Includes
None
Interior Features
Fireplace
Electric, Family Room, Gas Burning, Kitchen, Living Room, Other Location
Laundry
Laundry Area
Cooling
Central Forced Air
Exterior Features
Pool
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Palm Springs Unified
High School District
Palm Springs Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Rent
2303 N Indian Canyon Dr is a Condominium for Rent in Palm Springs, CA 92262. This 12,000 square foot property sits on a 0.45 Acres Lot and features 20 bedrooms & 20 full bathrooms. It is currently priced at $3,250,000 and was built in 1966. This address can also be written as 2303 N Indian Canyon Dr, Palm Springs, CA 92262.
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This listing information is up-to-date as of July 17, 2025. For the most current information, please contact William Melton
