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.
| MLS # | DW26204175 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 31 |
| Listing Provided By | The Ave | Karla Maldonado |
| SQ Feet | 3,475 |
|---|---|
| Pool | Yes |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | RGA6 |
| Acreage | 0.23 |
| Property View | Yes |
| Cooling | Evaporative Cooling, Gas, Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan |
| Fireplace Yes / No | Yes |
| Roof | Foam |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Block, Wood |
| Garage Yes / No | No |
|---|
| Electric | Volts220 |
|---|---|
| Sewer | Public Sewer |
| Community Features | Rural |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Springs |
| Zip Code | 92262 |
| Area | 331 North End Palm Springs |
| Community Name | Racquet Club West (33124) |
| Listing VS Median (in Racquet Club West (33124)) | |
Price: $1,100,000 low | high Med: $1,145,000 sqft: 3,475 low | high Med: 2,503 $ / sqft: $317 low | high Med: $547 On site: 31 low | high Med: 52.5 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Springs |
| Zip Code | 92262 |
| Area | 331 North End Palm Springs |
| Community Name | Racquet Club West (33124) |
| Listing VS Median (in Racquet Club West (33124)) | |
Price: $1,100,000 low | high Med: $1,145,000 sqft: 3,475 low | high Med: 2,503 $ / sqft: $317 low | high Med: $547 On site: 31 low | high Med: 52.5 | |
![]() | $1,100,000482 W PicoPalm Springs, CA 92262 |