1850 S Camino Real, Palm Springs, CA 92264

Palm Springs
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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: compass760-350-9253
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:49 day(s) ago
  • Updated:May 14, 2026 at 10:41 AM

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
  • 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
  • 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
  • Amenities:Ceiling Fans
  • Pool features:Association, Community, Pool

Parking

  • Total parking spaces:22
  • Parking description:Uncovered
  • Garage:Yes
  • Garage spaces:2
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