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Rare opportunity to own a well-positioned five-unit multifamily property in Palm Springs' desirable Racquet Club West neighborhood. Situated on an approximately 10,019-square-foot lot, this unique property offers five separate units, including four one-bedroom/one-bath units and one two-bedroom/one-bath unit, providing flexibility for investors, extended living, or a combination of both. Each residence features its own private walled patio, full kitchen, dedicated living space, and a blend of classic Palm Springs character and functional design, including vaulted beamed ceilings, concrete and tile flooring, built-ins, and ample storage. Residents can enjoy a shared in-ground heated pool, on-site laundry, generous off-street parking, and beautiful surrounding mountain and desert views. The property also benefits from separately metered gas and electricity. Located just minutes from Downtown Palm Springs, with convenient access to restaurants, shopping, entertainment, and the area's iconic desert lifestyle, 482 W Pico Rd offers an exceptional opportunity to own a multifamily asset in one of Southern California's most recognizable destinations.
Property Type(s):
Commercial
| Last Updated | 9/24/2026 | Year Built | 1957 |
|---|---|---|---|
| Community | 331 - North End Palm Springs | County | Riverside |
Price History
| Prior to Sep 24, '26 | $1,170,000 |
|---|---|
| Sep 24, '26 - Today | $1,100,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 331 - North End Palm Springs |
| HEAT | Wall Furnace |
| LOT | 10019 sq ft |
| LOT DIMENSIONS | 10,000/.23 |
| STORIES | 1 |
| TAXES | 19000 |
| WATER | Public |
Location
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Listed with The Ave
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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