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-- Baths2.0 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
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482 W Pico, Palm Springs, CA 92262 - Image 13
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Multi-Family Home for sale in Palm Springs, CA

for $1,100,000 with 2 full baths. This 3,475 square foot home 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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Multi-Family Active

Price

$ 1,100,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.23

Year Built

1957

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

DW26204175

Days on Market

41

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Evaporative Cooling Gas Wall/Window Unit(s)
Possession Close Of Escrow
Roof Foam
Appliances Dishwasher Gas Cooktop Gas Water Heater Microwave Refrigerator Vented Exhaust Fan
Zoning RGA6
HOA Fee 0
Garage Spaces 0
Architectural Style Contemporary
Pool Features Private
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1957
Electric 220 Volts
View Desert Mountain(s)
Stories Count 1
Levels One
Property Subtype Mixed Use
Gross Income 9000
Community Features Rural
County Riverside
Net Operating Income 0
Operating Expense 0
Insurance Expense 900
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Racquet Club West (33124)
Garage Y/N false
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
Entry Location 1
Senior Community Y/N false
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
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Repairs Cosmetic Updated/Remodeled
Trash Expense 240
Water Sewer Expense 1080
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 6
Total Actual Rent 8910
Property Sub Type Additional Mixed Use
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Interior
Flooring Concrete Laminate Tile
Fireplace Features Gas Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace 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
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 3475
Lot Dimensions 10 000/.23
Lot Size Acres 0.23
Private Pool true
Lot Size Source Assessor
Pool Charge 1500
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Karla Maldonado

Listing Agent

The Ave

Broker

karla@theave.agency

Email

Affordability Calculator

$6,946
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
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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 Listed Price

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482 W Pico, Palm Springs, CA, 92262 is a Multi-Family Home for sale at $1,100,000 with 3,475 sqft and a lot size of 0.23. 482 W Pico has 2.0 baths and was built in 1957. The property's zip code is 92262 which is in Palm Springs, CA