482 W Pico Palm Springs, CA $ 1,100,000
482 W Pico
$ 1,100,000
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482 W Pico

Palm Springs, CA, 92262
$ 1,100,000
Bedrooms-- Baths1.0 Sq 3,475

Monthly Estimate*

$ 6,946

Listed by Karla Maldonado, The Ave, karla@theave.agency
482 W Pico, Palm Springs, CA 92262 - Image 1
482 W Pico, Palm Springs, CA 92262 - Image 2
482 W Pico, Palm Springs, CA 92262 - Image 3
482 W Pico, Palm Springs, CA 92262 - Image 4
482 W Pico, Palm Springs, CA 92262 - Image 5

Commercial Property for sale in Palm Springs, CA

for $1,100,000 with 1 full bath. This 3,475 square foot building was built in 1957 on a lot size of 0.23.

Rare opportunity to own a well-positioned five-unit multifamily property in Palm Springs’ desirable Racquet Club West neighborhood. Situated on an approximately 10,019-square-foot lot, this unique property offers five separate units, including four one-bedroom/one-bath units and one two-bedroom/one-bath unit, providing flexibility for investors, extended living, or a combination of both. Each residence features its own private walled patio, full kitchen, dedicated living space, and a blend of classic Palm Springs character and functional design, including vaulted beamed ceilings, concrete and tile flooring, built-ins, and ample storage. Residents can enjoy a shared in-ground heated pool, on-site laundry, generous off-street parking, and beautiful surrounding mountain and desert views. The property also benefits from separately metered gas and electricity. Located just minutes from Downtown Palm Springs, with convenient access to restaurants, shopping, entertainment, and the area's iconic desert lifestyle, 482 W Pico Rd offers an exceptional opportunity to own a multifamily asset in one of Southern California's most recognizable destinations.

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Commercial Active

Price

$ 1,100,000

Full Bath

1

Property Type

Commercial

Taxes

$ 19,000

Style

Lot Size

0.23

Year Built

1957

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

DW26191800

Days on Market

41

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Roof Foam
Zoning RGA6
Year Built 1957
Property Subtype Multi Family
Tax Year 2026
Business Type Commercial Real Estate
County Riverside
Insurance Expense 900
Property Type Commercial Sale
MaintenanceExpense 2400
Special Listing Conditions Standard
Status Active
Directions From Hwy 111 head east on W Yorba Rd turn right on N Felice Dr then left onto W Pico Rd
City Palm Springs
Open Parking Spaces 8
Number Of Units Total 5
MLS Area 331 - North End Palm Springs
Lot Size Units Square Feet
Lot Size Square Feet 10019
Number of Units Leased 5
Listing Terms Cash Cash to New Loan Conventional
Tax Annual Amount 19000
Electric Expense 0
Trash Expense 240
Water Sewer Expense 1080
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Property Sub Type Additional Multi Family
Cap Rate 20
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room
Entry Level 1
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Exterior
Fencing Block Wood
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 8
Lot Size Area 10019
Number of Buildings 1
Building Area Total 3475
Lot Dimensions 10 000/.23
Lot Size Acres 0.23
Lot Size Source Assessor
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* Excluded Features
List By
Karla Maldonado

Listing Agent

The Ave

Broker

karla@theave.agency

Email

Affordability Calculator

$8,529
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
$1,583
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2026$1,100,000 -5.98% Price Down
9/11/2026$1,170,000 Listed Price

Map


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482 W Pico, Palm Springs, CA, 92262 is a Commercial Property for sale at $1,100,000 with 3,475 sqft and a lot size of 0.23. 482 W Pico has 1.0 baths and was built in 1957. The property's zip code is 92262 which is in Palm Springs, CA