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.
For sale
Listed by: The Ave • Karla Maldonado • Contact: 626-392-9091
$1,100,000
482 W Pico Rd, Palm Springs, CA 92262
--beds
--baths
3,475sqft
Mixed Use
Built in 1957
-- sqft lot
$1,066,700 Zestimate®
$317/sqft
$-- HOA
What's special
- 1 day
- 19
- 0
Zillow last checked:
Listing updated:
Listed by:
Karla Maldonado DRE #02249111 626-392-9091,
The Ave
Source: CRMLS,MLS#: DW26204175
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Rooms
- Room types: Den, Kitchen, Laundry, Living Room
Heating
- Wall Furnace
Cooling
- Evaporative Cooling, Gas, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
- Laundry: Laundry Room
Features
- Flooring: Concrete, Laminate, Tile
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,475
- Total interior livable area: 3,475 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Has private pool: Yes
- Pool features: Private
- Spa features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: Desert, Mountain(s)
Lot
- Size: 10,019 Square Feet
- Dimensions: 10,000/.23
- Features: 0-1 Unit/Acre
Details
- Parcel number: 504083015
- Zoning: RGA6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Mixed Use
Materials
- Foundation: Slab
- Roof: Foam
Condition
- Repairs Cosmetic,Updated/Remodeled
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Rural
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Racquet Club West (33124)
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $317/sqft
- Date on market: 9/24/2026
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 8910
Estimated market value
$1,066,700
$1.01M - $1.12M
$2,484/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $1,100,000+11.2%$317/sqft |
Source:  CRMLS #DW26204175 Report a problem | ||
| 10/18/2023 | Sold | $989,000$285/sqft |
Source: CRMLS #219097531DA Report a problem | ||
| 8/10/2023 | Pending sale | $989,000$285/sqft |
Source: CRMLS #219097531DA Report a problem | ||
| 7/24/2023 | Contingent | $989,000$285/sqft |
Source:  Greater Palm Springs Realtors #219097531 Report a problem | ||
| 7/17/2023 | Listed for sale | $989,000+40.5%$285/sqft |
Source: Greater Palm Springs Realtors #219097531 Report a problem | ||
| 12/21/2020 | Sold | $704,000-2.1%$203/sqft |
Source: Greater Palm Springs Realtors #219043824 Report a problem | ||
| 10/30/2020 | Pending sale | $719,000$207/sqft |
Source: Bennion Deville Homes #219043824 Report a problem | ||
| 9/23/2020 | Listed for sale | $719,000$207/sqft |
Source: Bennion Deville Homes #219043824 Report a problem | ||
| 9/9/2020 | Pending sale | $719,000$207/sqft |
Source: Bennion Deville Homes #219043824 Report a problem | ||
| 8/31/2020 | Price change | $719,000-4.8%$207/sqft |
Source: Bennion Deville Homes #219043824 Report a problem | ||
| 8/11/2020 | Price change | $755,000-2.6%$217/sqft |
Source: Bennion Deville Homes #219043824 Report a problem | ||
| 6/9/2020 | Listed for sale | $775,000+115.3%$223/sqft |
Source: Bennion Deville Homes #219043824 Report a problem | ||
| 11/14/2013 | Sold | $360,000$104/sqft |
Source: Greater Palm Springs Realtors #21471920 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Racquet Club West
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