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Sold for $989,000 on 10/18/23
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  • Listing Provided by: 

    Michael Layton DRE #01342880 760-408-5300,

    RE/MAX Desert Properties,

    Co-Listing Agent: Marcia Francois DRE #01402100,

    RE/MAX Desert Properties

    Bought with: Sotheby's International Realty
    $989,000

    482 W Pico Rd, Palm Springs, CA 92262

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $1,014,900 Zestimate®
    $--/sqft
    $2,093 Estimated rent

    Home value

    $1,014,900

    $883,000 - $1.18M

    $2,093/mo

    Zestimate® history
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    $6,034/mo

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    What's special

    This five-unit residence offers instant income to the new owner. Just the right blend of old and new with plenty of character featuring Vaulted beamed ceilings, concrete or tile floors, lots of storage cabinets, and built-ins.In the Five units, you will find a total of FOUR: 1 Bd /1 Ba units AND ONE: 2 bd /1 ba unit. Each one has its own private walled patio, evaporative cooler, AC, In Wall heater and a full kitchen with all appliances (which are included in the sale). The two-bedroom unit has a fireplace in the living room. This Superior, quiet residential location is in the Racquet Club West neighborhood just five minutes from Palm Springs downtown. The property has been well maintained and continuously updated and improved you'll find nothing to do but start generating revenue. Fully rented, with tenants that wish to stay, you'll only need to decide what you want to do with the two-bedroom unit. Rent it out or use it yourself? Separately metered units for gas and electricity are all in good condition. This totally walled property has ample off-street parking, a laundry room, a generous in-ground pool & a pleasant common area, with low maintenance/ low water landscaping, and stunning views. Rental Income property is in demand, call today.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 09:32pm

    Listing Provided by:

    Michael Layton DRE #01342880 760-408-5300,

    RE/MAX Desert Properties,

    Co-Listing Agent: Marcia Francois DRE #01402100,

    RE/MAX Desert Properties

    Bought with:

    Ryan Cummings, DRE #01415106

    Sotheby's International Realty

    John Moore, DRE #01923013

    Sotheby's International Realty

    Source: CRMLS,MLS#: 219097531DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Evaporative Cooling, Gas, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Gas Cooktop, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater
    Features
    • Flooring: Concrete, Tile
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room

    Property

    Parking
    • Total spaces: 8
    • Parking features: Unassigned
    • Uncovered spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Gunite, Gas Heat, In Ground
    • Has view: Yes
    • View description: Desert, Mountain(s)
    Lot
    • Size: 10,019 sqft
    • Dimensions: 100 x 108 x 103 x 100
    • Features: Paved
    Details
    • Parcel number: 504083015
    • Zoning: R-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Foam
    Condition
    • New construction: No
    • Year built: 1960

    Community & neighborhood

    Security
    • Security features: Closed Circuit Camera(s)
    Location
    • Region: Palm Springs
    • Subdivision: Racquet Club West

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    10/18/2023Sold$989,000
    Source: CRMLS #219097531DA
    8/10/2023Pending sale$989,000
    Source: CRMLS #219097531DA
    7/24/2023Contingent$989,000
    Source: Greater Palm Springs Realtors #219097531
    7/17/2023Listed for sale$989,000+40.5%
    Source: Greater Palm Springs Realtors #219097531
    12/21/2020Sold$704,000-2.1%
    Source: Greater Palm Springs Realtors #219043824

    Public tax history

    Tax history is unavailable.

    Neighborhood: Racquet Club West

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,014,900
    2% more+ $20,298
    With Zillow Showcase(estimated)
    $1,035,198