1850 S Camino Real, Palm Springs, CA 92264

Palm Springs
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1850 S Camino Real,Palm Springs, CA 92264
$3,895,000
  • 26 Beds
  • 26 Baths
  • 16,600 sq. ft.
  • Multi-family
  • Active
Listed by: james gault
Office: compass
MLS#:26669731PS
Source:CRMLS

Price summary

  • Price:$3,895,000
  • Price per sq. ft.:$234.64

About this home

A rare multifamily offering in one of Palm Springs' most sought-after locations, delivering 13 single-level units across three well-positioned structures. The unit mix is anchored by eleven oversized 2-bedroom, 2-bath residences averaging approximately 1,200 sq ft, complemented by two exceptional premium units spanning roughly 1,700 sq ft each featuring 2 bedrooms, 2 bathrooms, a den, expansive primary suites with oversized walk-in closets, and direct-entry 1-car garages with laundry hookups. Many units open onto a central pool/spa with tremendous mountain views and the rest open onto expansive central lawns. The asset has demonstrated consistent income growth, increasing from $265,440 in 2023 to $301,629 in 2025, with continued upward momentum into 2026. Current operations reflect elevated expenses of approximately 48%, presenting a clear and immediate opportunity to streamline to a more typical 35-40% range. Based on current averaged expenses and 2026 rent actuals the offering...

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Home facts

  • Year built:1976
  • Listing ID #:26669731PS
  • Added:2 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:26
  • Flooring:Tile
  • Kitchen Description:Dishwasher, Refrigerator
  • Living area:16,600 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Foam
  • Year built:1976
  • Building area:16,600 sq. ft.
  • Lot area:1.22 Acres
  • Lot Features:Corners Marked, Landscaped
  • Construction Materials:Stucco
  • Exterior Features:Concrete Patio
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$3,895,000
  • Price per sq. ft.:$234.64

Features and amenities

  • Appliances:Dishwasher, Refrigerator
  • Laundry features:Common Area, Laundry Room
  • Amenities:Ceiling Fans, Pool
  • Pool features:Association Pool, Community Pool, Pool

Parking

  • Total parking spaces:22
  • Parking description:Uncovered
  • Garage:Yes
  • Garage spaces:2
Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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