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482 W Pico Road, Palm Springs, CA 92262

Property · 4 recorded sales since 2013

482 W Pico Road, Palm Springs, CA 92262 Sold October 2023 CRMLS
$989,000Sold October 2023

Listing Agent: Michael Layton (DRE #01342880) · Listing Office: RE/MAX Desert Properties · Contact: (760) 203-1133 · Bought with: Ryan Cummings · Sotheby's International Realty · MLS #219097531DA · Source: CRMLS

0
Bathrooms
10,019 sqft
Lot Size
1960
Year Built
Property
Type
1
Stories
0
Garage
Yes
Pool
EvaporativeCooling, Gas, WallWindowUnits
Cooling
WallFurnace
Heating
Desert, Mountains
View
$10,753/yr
Taxes

About this property

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.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$989,000
Sold October 2023 · on market July 2023 · MLS #219097531DA · Source: CRMLS
Listing Agent: Michael Layton · Listing Office: RE/MAX Desert Properties · Contact: (760) 203-1133 · Bought with: Ryan Cummings · Sotheby's International Realty
$704,000
Sold December 2020 · listed $719,000, orig. $775,000, on market June 2020 · MLS #219043824PS · Source: CRMLS
Listing Agent: Mark Gutkowski · Listing Office: Bennion Deville Homes · Contact: (760) 459-0057 · Bought with: John Arnold · Thunderbird Realty
$445,000
Sold December 2014 · listed $450,000, orig. $470,000, on market March 2014 · MLS #SW14060003 · Source: CRMLS
Listing Agent: Tony Burton · Listing Office: Burton Commercial, Inc. · Contact: 951-375-7433 · Bought with: Mark Gutkowski · Windermere Real Estate
$360,000
Sold November 2013 · listed $379,000, orig. $419,900, on market March 2013 · MLS #21471920DA · Source: CRMLS
Listing Agent: Jeannie Mari Niles · Listing Office: Jeannie Niles Real Estate · Contact: 760-360-4020 · Bought with: Mike Loza · Jeannie Niles Real Estate
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