482 W Pico Rd
Palm Springs, CA 92262

$989,000

Last Sold Price

Beds

Baths

3,476 Sq. Ft.

$285 / Sq. Ft.

3,476

Sq. Ft.

$285

per Sq. Ft.

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Closed 10/18/23

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...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.

Listed by Michael Layton • DRE #01342880 • RE/MAX Desert Properties
Listed by Marcia Francois • DRE #01402100 • RE/MAX Desert Properties

Property Details for 482 West Pico Road

Architectural Style

Ranch

Subdivision Name

Racquet Club West

Carport Spaces

.00

Garage Spaces

.00

View

Desert, Mountain(s)

Cross Street

N De Anza Rd

LISTING UPDATED: 11/18/2024 08:08 PM

Property Details for 482 West Pico Road

Status	Closed
MLS #	219097531
Days on Market	23
Taxes	$10,753 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Multi Family
MLS Type	Residential Income
Year Built	1960
Lot Size	0.23 AC / 10,019 SF
County	Riverside County

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Location

Listing Courtesy of RE/MAX Desert Properties, Michael Layton, DRE #01342880; RE/MAX Desert Properties, Marcia Francois, DRE #01402100

Sold By Sotheby's International Realty, Ryan Cummings, DRE #01415106; Sotheby's International Realty, John Moore, DRE #01923013

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Building Information for 482 West Pico Road

Stories1Residences-Year Built1960Building Size-Lot Size0.23 AC / 10,019 SF

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OriginPoint Mortgage or Rocket Mortgage¹

$5,876 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,980

Property Taxes

$896

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 482 West Pico Road

Summary

Location and General Information

Accessibility Features: No Interior Steps
City: Palm Springs

Country: US
Directions: From HWY 111 Take W. Yorba East then right on Felice and an immediate left on Pico. Units are on your left a little ways down Pico
Inclusions: Appliances/AC Units/Evaporative Coolers
Levels: One
Area: 331 - Palm Springs North End
Postal Code Plus4: 1918
Senior Community: No
Unparsed Address: 482 W Pico Road, Palm Springs, CA 92262
Walk Score: 0

Parking

Parking Features: Unassigned, Total Uncovered/Assigned Spaces

Taxes and HOA Information

Association Fee: $.00
Tax Year: 2022.0

Virtual Tour

Videos Count: 0

Property

Lot Information

Lot Size Acres: .00
Lot Size Square Feet: .00

Lot Size Area: 10,019.00
Lot Size Dimensions: 100x108x103x100
Lot Size Source: Assessor
Zoning: R-5
Zoning Description: Assessor
Property Type: Residential Income

Property and Assessments

Documents Count: 1
Exclusions: Tenants Personal property

Utilities

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

Sewer: In Connected and Paid
Utilities: Cable Available

Interior and Exterior Features

Exterior Features

Foundation Details: Slab
Patio And Porch Features: Enclosed

Pool Features: Fenced, Private, Safety Fence, Gunite, In Ground
Pool Private: Yes
Pool: Yes
Roof: Foam
Security Features: Closed Circuit Camera(s)
Spa: No
Stories Total: 1

Interior Features

Appliances: Dishwasher, Gas Cooktop, Refrigerator, Vented Exhaust Fan, Gas Water Heater, Water Heater
Bathrooms Full: 5

Bathrooms One Quarter: 0
Bathrooms Three Quarter: 0
Total Bathrooms: 5
Fireplace Features: Gas, Living Room
Fireplace: Yes
Fireplaces Total: 1
Flooring: Tile, Concrete
Heating: Wall Furnace
Heating: Yes
Interior Features: All Bedrooms Down, Vaulted Ceiling(s), Granite Counters
Laundry Features: Community, Individual Room
Living Area: 3,476.00
Other Equipment: Drip System
View: Yes
Window Features: Blinds

Multi Family

Multi-Family Information

Special Listing Conditions: Standard

Rental

Rental Information

Tenant Pays: Cable TV, Electricity, Gas

Property History for 482 West Pico Road

Date	Event & Source	Price	Appreciation
Oct 18, 2023	Sold GPSMLS #219097531	$989,000	—
Oct 18, 2023	Sold CRMLS #219097531DA	$989,000	—
Aug 22, 2023	Sold (Public Record) Public Record #1520341312	$989,000	+13.0% / yr
Aug 9, 2023	Pending CRMLS #219097531DA		—
Aug 9, 2023	Pending GPSMLS #219097531		—
Jul 23, 2023	Accepting Backup Offers CRMLS #219097531DA		—
Jul 23, 2023	Accepting Backup Offers GPSMLS #219097531		—
Jul 17, 2023	Listed (Active) CRMLS #219097531DA	$989,000	—
Jul 17, 2023	Listed (Active) GPSMLS #219097531	$989,000	—
Dec 21, 2020	Sold GPSMLS #219043824	$704,000	—
Dec 21, 2020	Sold CRMLS #219043824PS	$704,000	—
Dec 11, 2020	Pending GPSMLS #219043824		—
Dec 11, 2020	Pending CRMLS #219043824PS		—
Nov 9, 2020	Sold (Public Record) Public Record #686017571	$704,000	+7.7% / yr
Oct 30, 2020	Accepting Backup Offers CRMLS #219043824PS		—
Sep 23, 2020	Listed (Active) CRMLS #219043824PS		—
Sep 15, 2020	Price Change CRMLS #219043824PS	$719,000	—
Sep 15, 2020	Accepting Backup Offers CRMLS #219043824PS		—
Sep 14, 2020	Price Change CRMLS #219043824PS	$775,000	—
Sep 14, 2020	Listed (Active) CRMLS #219043824PS		—
Sep 9, 2020	Accepting Backup Offers CRMLS #219043824PS		—
Sep 9, 2020	Accepting Backup Offers GPSMLS #219043824		—
Aug 31, 2020	Price Change CRMLS #219043824PS	$719,000	—
Aug 31, 2020	Price Change GPSMLS #219043824	$719,000	—
Aug 31, 2020	Price Change GPSMLS #219043824	$704,000	—
Aug 11, 2020	Price Change CRMLS #219043824PS	$755,000	—
Jun 1, 2020	Price Change GPSMLS #219043824	$775,000	—
Jun 1, 2020	Listed (Active) GPSMLS #219043824	$719,000	—
Jun 1, 2020	Listed (Active) CRMLS #219043824PS	$775,000	—
Jan 19, 2016	Expired CRMLS #4210604PS	$234,500	—
Dec 2, 2014	Sold CRMLS #SW14060003	$445,000	—
Dec 2, 2014	Sold CLAW #SW14060003MR	$445,000	—
Sep 5, 2014	Pending CRMLS #SW14060003		—
Sep 5, 2014	Pending CLAW #SW14060003MR		—
Sep 2, 2014	Sold (Public Record) Public Record #483716455	$445,000	+30.4% / yr
Aug 12, 2014	Price Change CRMLS #SW14060003	$450,000	—
Jul 27, 2014	Price Change CRMLS #SW14060003	$455,000	—
Jul 18, 2014	Listed (Active) CRMLS #SW14060003	$470,000	—
Jul 18, 2014	Listed (Active) CLAW #SW14060003MR	$470,000	—
Nov 14, 2013	Sold (Public Record) Public Record #372548420	$360,000	-4.3% / yr
Nov 14, 2013	Sold GPSMLS #21471920	$360,000	—
Nov 14, 2013	Sold CRMLS #21471920DA	$360,000	—
Nov 5, 2013	Pending GPSMLS #21471920		—
Nov 5, 2013	Pending CRMLS #21471920DA		—
Mar 5, 2013	Price Change GPSMLS #21471920	$419,900	—
Mar 5, 2013	Listed (Active) GPSMLS #21471920	$379,000	—
Mar 4, 2013	Listed (Active) CRMLS #21471920DA	$419,900	—
Mar 14, 2005	Sold GPSMLS #21206077		—
Mar 14, 2005	Listed (Active) GPSMLS #21206077	$527,000	—
Mar 10, 2005	Sold (Public Record) Public Record #152411990	$527,000	+29.6% / yr
Mar 10, 2005	Sold CRMLS #21206077DA	$527,000	—
Oct 16, 2004	Pending CRMLS #21206077DA		—
Oct 16, 2004	Listed (Active) CRMLS #21206077DA	$527,000	—
Apr 3, 2003	Sold CARETS #41151719	$319,000	—
Apr 3, 2003	Sold GPSMLS #41151719	$319,000	—
Apr 2, 2003	Sold (Public Record) Public Record #110475274	$319,000	—
Feb 25, 2003	Pending GPSMLS #41151719		—
Feb 25, 2003	Pending CARETS #41151719		—
Feb 24, 2003	Listed (Active) GPSMLS #41151719	$319,000	—
Feb 18, 2003	Listed (Active) CARETS #41151719	$319,000	—
Apr 12, 2001	Expired CARETS #4210604	$234,500	—
Mar 5, 2001	Withdrawn / Cancelled GPSMLS #4906791	$260,000	—
Mar 5, 2001	Withdrawn / Cancelled CARETS #4906791		—
Nov 27, 2000	Listed (Active) GPSMLS #4906791	$260,000	—
Nov 27, 2000	Listed (Active) CARETS #4906791	$260,000	—
Jun 30, 1992	Expired SDMLS #4210604PS		—
Jun 30, 1992	Expired GPSMLS #4210604	$234,500	—
Jan 9, 1992	Listed (Active) CARETS #4210604	$234,500	—
Jan 9, 1992	Listed (Active) CRMLS #4210604PS	$234,500	—
Jan 9, 1992	Listed (Active) SDMLS #4210604PS	$234,500	—
Jan 9, 1992	Listed (Active) GPSMLS #4210604	$234,500	—

Date	Event & Source	Price
10/18/2023	Sold GPSMLS #219097531	$989,000
10/18/2023	Sold CRMLS #219097531DA	$989,000
08/22/2023	Sold (Public Record) Public Record #1520341312	$989,000 +13.0% / yr
08/09/2023	Pending CRMLS #219097531DA	—
08/09/2023	Pending GPSMLS #219097531	—
07/23/2023	Accepting Backup Offers CRMLS #219097531DA	—
07/23/2023	Accepting Backup Offers GPSMLS #219097531	—
07/17/2023	Listed (Active) CRMLS #219097531DA	$989,000
07/17/2023	Listed (Active) GPSMLS #219097531	$989,000
12/21/2020	Sold GPSMLS #219043824	$704,000
12/21/2020	Sold CRMLS #219043824PS	$704,000
12/11/2020	Pending GPSMLS #219043824	—
12/11/2020	Pending CRMLS #219043824PS	—
11/09/2020	Sold (Public Record) Public Record #686017571	$704,000 +7.7% / yr
10/30/2020	Accepting Backup Offers CRMLS #219043824PS	—
09/23/2020	Listed (Active) CRMLS #219043824PS	—
09/15/2020	Price Change CRMLS #219043824PS	$719,000
09/15/2020	Accepting Backup Offers CRMLS #219043824PS	—
09/14/2020	Price Change CRMLS #219043824PS	$775,000
09/14/2020	Listed (Active) CRMLS #219043824PS	—
09/09/2020	Accepting Backup Offers CRMLS #219043824PS	—
09/09/2020	Accepting Backup Offers GPSMLS #219043824	—
08/31/2020	Price Change CRMLS #219043824PS	$719,000
08/31/2020	Price Change GPSMLS #219043824	$719,000
08/31/2020	Price Change GPSMLS #219043824	$704,000
08/11/2020	Price Change CRMLS #219043824PS	$755,000
06/01/2020	Price Change GPSMLS #219043824	$775,000
06/01/2020	Listed (Active) GPSMLS #219043824	$719,000
06/01/2020	Listed (Active) CRMLS #219043824PS	$775,000
01/19/2016	Expired CRMLS #4210604PS	$234,500
12/02/2014	Sold CRMLS #SW14060003	$445,000
12/02/2014	Sold CLAW #SW14060003MR	$445,000
09/05/2014	Pending CRMLS #SW14060003	—
09/05/2014	Pending CLAW #SW14060003MR	—
09/02/2014	Sold (Public Record) Public Record #483716455	$445,000 +30.4% / yr
08/12/2014	Price Change CRMLS #SW14060003	$450,000
07/27/2014	Price Change CRMLS #SW14060003	$455,000
07/18/2014	Listed (Active) CRMLS #SW14060003	$470,000
07/18/2014	Listed (Active) CLAW #SW14060003MR	$470,000
11/14/2013	Sold (Public Record) Public Record #372548420	$360,000 -4.3% / yr
11/14/2013	Sold GPSMLS #21471920	$360,000
11/14/2013	Sold CRMLS #21471920DA	$360,000
11/05/2013	Pending GPSMLS #21471920	—
11/05/2013	Pending CRMLS #21471920DA	—
03/05/2013	Price Change GPSMLS #21471920	$419,900
03/05/2013	Listed (Active) GPSMLS #21471920	$379,000
03/04/2013	Listed (Active) CRMLS #21471920DA	$419,900
03/14/2005	Sold GPSMLS #21206077	—
03/14/2005	Listed (Active) GPSMLS #21206077	$527,000
03/10/2005	Sold (Public Record) Public Record #152411990	$527,000 +29.6% / yr
03/10/2005	Sold CRMLS #21206077DA	$527,000
10/16/2004	Pending CRMLS #21206077DA	—
10/16/2004	Listed (Active) CRMLS #21206077DA	$527,000
04/03/2003	Sold CARETS #41151719	$319,000
04/03/2003	Sold GPSMLS #41151719	$319,000
04/02/2003	Sold (Public Record) Public Record #110475274	$319,000
02/25/2003	Pending GPSMLS #41151719	—
02/25/2003	Pending CARETS #41151719	—
02/24/2003	Listed (Active) GPSMLS #41151719	$319,000
02/18/2003	Listed (Active) CARETS #41151719	$319,000
04/12/2001	Expired CARETS #4210604	$234,500
03/05/2001	Withdrawn / Cancelled GPSMLS #4906791	$260,000
03/05/2001	Withdrawn / Cancelled CARETS #4906791	—
11/27/2000	Listed (Active) GPSMLS #4906791	$260,000
11/27/2000	Listed (Active) CARETS #4906791	$260,000
06/30/1992	Expired SDMLS #4210604PS	—
06/30/1992	Expired GPSMLS #4210604	$234,500
01/09/1992	Listed (Active) CARETS #4210604	$234,500
01/09/1992	Listed (Active) CRMLS #4210604PS	$234,500
01/09/1992	Listed (Active) SDMLS #4210604PS	$234,500
01/09/1992	Listed (Active) GPSMLS #4210604	$234,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 482 West Pico Road

Taxable ValueLand$214,200Additions$794,580Total$1,008,780

Tax Record2025$13,184 ($1,099 / month)

Home Facts

Total Finished SqFt3,475 SqFtAbove Grade Finished SqFt3,475 SqFtStories1Lot Size10,018 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningRGA6CountyRIVERSIDEAPN504-083-015

Schools near 482 West Pico Road

This home is within Palm Springs Unified School District.


Rating	School	Type	Grades	Distance
3/10	Katherine Finchy Elementary School	Public - Serves this home	K to 5	1.6 mi
5/10	Raymond Cree Middle School	Public - Serves this home	6 to 8	1.3 mi
5/10	Palm Springs High School	Public - Serves this home	9 to 12	3.3 mi
3/10	Desert Learning Academy	Public - Choice school	K to 12	3.3 mi
5/10	Cielo Vista Charter School	Charter - Choice school	K to 8	4.2 mi
2/10	Mt. San Jacinto High School	Public - Choice school	9 to 12	5.0 mi


Rating	School	Distance
3/10	Katherine Finchy Elementary School PublicK to 5 Serves this home	1.6 mi
5/10	Raymond Cree Middle School Public6 to 8 Serves this home	1.3 mi
5/10	Palm Springs High School Public9 to 12 Serves this home	3.3 mi
3/10	Desert Learning Academy PublicK to 12 Choice school	3.3 mi
5/10	Cielo Vista Charter School CharterK to 8 Choice school	4.2 mi
2/10	Mt. San Jacinto High School Public9 to 12 Choice school	5.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Desert Properties, Michael Layton, DRE #01342880; RE/MAX Desert Properties, Marcia Francois, DRE #01402100

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

482 W Pico RdPalm Springs, CA 92262

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482 W Pico Rd
Palm Springs, CA 92262