Skip To Content
    Return to Previous Page

    482 W Pico Road

    Palm Springs, CA 92262
    • $775,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 219043824
    UPDATED: 79 min ago
    $775,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,476
      SQFT
    • $223
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    482 W Pico Road, Palm Springs 92262- This 5 Unit Mid-Century building is the perfect Palm Springs investment opportunity. It could also be used as vacation compound for extended family, or a ''live-in'' investor could rent four of the units and live in the fifth. Each unit has been upgraded. Unit #1 is the most original with vaulted ceiling, gas fireplace, and original wood trim. While units #4 and #5 have been extensively remodeled to a contemporary, modern aesthetic. The pool has had a complete upgrade in 2018 which included new plaster, plumbing, and cement decking. In 2019 a variable speed pump was added, in 2020 a new filter. The seller lives on property which has resulted in a continuity of care and maintenance. The complex has a shared laundry room with full-sized set of stack laundry. Utilities for each unit are metered separately except the 2 bed Unit, #1 (The ''owner's unit). This ties in with the pool equipment, laundry, and outdoor lighting. All units have their own AC, gas wall heater, backyard patio, uncovered parking space, kitchen and bath. Four of the units are rented full time, Unit #5 is a furnished monthly rental and is currently kept vacant.

    Monthly Payment Calculator

    ©2020 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2020-07-10T11:35:08.563. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.bradschmett.net/homes/106432622
    Print Image

    482 W Pico Road Palm Springs, CA 92262

    • Price: $775,000
    • Status: Active
    • Updated: 79 min ago
    • MLS #: 219043824
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,476
    SQFT
    $223
    $/SQFT
    1960
    Built
    Neighborhood:
    Racquet Club West
    County:
    Riverside
    Area:
    331 - Palm Springs North End
    Property Description
    482 W Pico Road, Palm Springs 92262- This 5 Unit Mid-Century building is the perfect Palm Springs investment opportunity. It could also be used as vacation compound for extended family, or a ''live-in'' investor could rent four of the units and live in the fifth. Each unit has been upgraded. Unit #1 is the most original with vaulted ceiling, gas fireplace, and original wood trim. While units #4 and #5 have been extensively remodeled to a contemporary, modern aesthetic. The pool has had a complete upgrade in 2018 which included new plaster, plumbing, and cement decking. In 2019 a variable speed pump was added, in 2020 a new filter. The seller lives on property which has resulted in a continuity of care and maintenance. The complex has a shared laundry room with full-sized set of stack laundry. Utilities for each unit are metered separately except the 2 bed Unit, #1 (The ''owner's unit). This ties in with the pool equipment, laundry, and outdoor lighting. All units have their own AC, gas wall heater, backyard patio, uncovered parking space, kitchen and bath. Four of the units are rented full time, Unit #5 is a furnished monthly rental and is currently kept vacant.
    Exterior Features

    Casita Guesthouse None Gated Community No Levels GroundOne Parking Side By Side Property Sub Type Quadruplex Total Carport Spaces 0.00 Total Covered Spaces 0.00 Total Parking Spaces 6.00 Total Uncovered Assigned Spaces 6.00 View No

    Interior Features

    Cooling Type Air ConditioningWall/Window Unit(S) Fireplace Yes Fireplace Features Gas Fireplace Location Living Room Flooring Ceramic TileConcrete Heating Wall Furnace Rooms Other Total Fireplaces 1

    Property Features

    Disclosures Property As Is Land Type Fee Simple Laundry Yes Laundry Equipment Own Listing Terms CashCash To New Loan Neighborhood Racquet Club West Pool Yes Pool Accessories Safety Fence Pool Construction In Ground Pool Description CommunityNot Heated Pool Location Community Property Attached Detached Detached Sale Type Standard Security Safety None Senior Community No Sewer InConnected And Paid Spa Hot Tub No Tax Mello Roos No Water Heater Yes

    Listing information © 2020 California Desert Association of Realtors.
    Listing provided courtesy of Mark A Gutkowski of Bennion Deville Homes.
    ©2020 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2020-07-10T11:35:08.563. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    https://bt-photos.global.ssl.fastly.net/damls/orig_boomver_1_219043824-2.jpg https://bt-photos.global.ssl.fastly.net/damls/orig_boomver_1_219043824-2.jpg https://bt-photos.global.ssl.fastly.net/damls/orig_boomver_1_219043824-2.jpg
    Logo
    Brad Schmett Real Estate Group
    760-880-5845
    La Quinta and Palm Springs CA,