$3,895,000
1850 S Camino Real, Palm Springs CA 92264
Multi-Family (13 Units)
Property type
72 days
On market
$235
Price per sqft
2 cars
Garage
1976
Year built
53,143 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: James Gault DRE #01985784, Compass
Listing updated: Apr 2, 2026 at 07:17am.
Last checked: Jun 5, 2026 at 12:01am
Source: CRMLS #26669731PS
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 2 | 2 | — | $2,109 | $23,200 | $26,400 | Unfurnished |
| 2 | 2 | 2 | — | $1,950 | $4,250 | $7,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 13
Separate Electric Meters: 13
Separate Gas Meters: 13
Dishwasher: 13
Refrigerator: 13
Rent Control: Yes
Tenant Pays: Electricity, Gas, Water
Financial Snapshot
Gross Rent Multiplier
1,558.0x
List Price / Annual Gross Rent
Cap Rate
4.55%
NOI / List Price
Net Operating Income: $177,053
Interior
Interior Features: Ceiling Fans
Flooring: Tile
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Refrigerator
Fireplace: Den, Kitchen, Living Room, Outside
Laundry: Common Area, Laundry Room
Entry Location: Ground Level - No Steps
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Door Features: Sliding Doors
Roof: Foam
Foundation: Slab
Construction Materials: Stucco
Common Walls: No Common Walls
Direction Faces: West
Lot Features: Corners Marked, Landscaped
Pool: Community, Association
Spa: In Ground
Water Source: Public
Sewer: Sewer Tap Paid
View: Mountains, Pool
Patio and Porch Features: Concrete
Garage and Parking
Parking: Uncovered
Garage Spaces: 2
Parking Total: 22
Lot Information
Land Lease: No
Parcel #: 511052008
Zoning: R2
Community
HOA: No
HOA Amenities: Pool, Spa / Hot Tub
Senior Community: No
Community Features: Pool
Nearby Schools
Nearby schools around the 1850 S Camino Real, Palm Springs, CA 92264. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,116,000
Total Interest
$3,974,286
Total Payment
$7,090,286
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,903
per month
Property History for 1850 S Camino Real
Palm Springs Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92264.
Similar Homes
Listings with similar prices to 1850 S Camino Real