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
Palm Springs, CA 92262,482 W Pico RD
Palm Springs, CA 92262,482 W Pico RD
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$989,000

$989,000

Est.Price: ?

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Est. payment /mo

6 Beds

5 Baths

3,476 SqFt


SOLD DATE : 10/18/2023

Key Details

Sold Price $989,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,476 sqft

Price per Sqft $284

Subdivision Racquet Club West

MLS Listing ID 219097531

Sold Date 10/18/23

Style Ranch

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1960

Annual Tax Amount $10,753

Tax Year 2022

Lot Size 10,019 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 - Palm Springs North End

Zoning R-5

Interior

Heating Wall Furnace

Cooling Air Conditioning, Ceiling Fan(s), Evaporative Cooling, Gas, Wall/Window Unit(s)

Fireplaces Number 1

Fireplaces Type Gas, Living Room

Fireplace true

Exterior

Pool Fenced, Private, Safety Fence, Gunite, In Ground

Utilities Available Cable Available

View Y/N true

View Desert, Mountain(s), Pool

Private Pool Yes

Building

Story 1

Entry Level One

Sewer In, Connected and Paid

Architectural Style Ranch

Level or Stories One

Others

Senior Community No

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by RE/MAX Desert Properties
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+1(760) 567-3436

katyrl@deserthomelife.com

435 N Palm Canyon Dr, Palm Springs, CA, 92262, USA

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