Palm Springs, CA 92262,482 W Pico RD
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Palm Springs, CA 92262,482 W Pico RD
Palm Springs, CA 92262,482 W Pico RD
Palm Springs, CA 92262,482 W Pico RD
Palm Springs, CA 92262,482 W Pico RD

$989,000

Est. payment /mo

$989,000

Est.Price: ?

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482 W Pico RD Palm Springs, CA 92262

10,018 Sqft Lot

SOLD DATE : 10/18/2023

Key Details

Sold Price $989,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Racquet Club West

MLS Listing ID 219097531DA

Sold Date 10/18/23

HOA Y/N No

Year Built 1960

Annual Tax Amount $10,753

Tax Year 2022

Lot Size 10,018 Sqft

Property Description

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.

Location

State CA

County Riverside

Area 331 - North End Palm Springs

Zoning R-5

Interior

Heating Wall Furnace

Cooling Evaporative Cooling, Gas, Wall/Window Unit(s)

Flooring Concrete, Tile

Fireplaces Type Gas, Living Room

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater

Exterior

Garage Unassigned

Pool Gunite, Gas Heat, In Ground

View Y/N Yes

View Desert, Mountain(s)

Roof Type Foam

Total Parking Spaces 8

Private Pool Yes

Building

Lot Description Paved

Story 1

Entry Level One

Foundation Slab

Architectural Style Ranch

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 504083015

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Layton • RE/MAX Desert Properties
Bought with Ryan Cummings • Sotheby's International Realty

John Labick

Broker Associate | License ID: 01991075

+1(661) 212-1339

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