482 W Pico Road, Palm Springs, CA 92262

$989,000
6
BD
5
BA
3,476
SqFt

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Sold Price
$989,000
List Price
$989,000
Closing Date
Oct 18, 2023
Status
CLOSED
MLS#
219097531
Year Built
1960
Bedrooms
6
Bathrooms
5
Living Sq. Ft
3,476
Lot Size
10,019
Days on Market
25
Property Type
Multifamily
Style
Ranch
Stories
1
Neighborhood
Racquet Club West

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.

Additional Information

Taxes
$10,753
Land Lease Type
Fee
Appliances
Dryer, Dishwasher, Refrigerator, Washer, Exhaust Fan, Gas Cooktop
Pool
Yes
Pool Description
Safety Fence, Fenced, Private, Gunite, In Ground
Fireplace Description
Gas, Living Room
Heat
Wall Furnace
Cooling
Air Conditioning, Ceiling Fan(s), Evaporative Cooling, Gas, Wall/Window Unit(s)
View
Desert, Mountain(s), Pool
Parking
Unassigned
Sewer
In, Connected and Paid
Water
Water District

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Desert Properties. Selling Office: .