1850 S Camino Real
Palm Springs, CA, 92264
$3,895,000
26 Beds
26 Baths
16,600 SqFt
1.22 Acres
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MLS #26669731PS image #0
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 presents at an approximate 4.5% cap rate, with additional upside driven by both operational efficiencies and the underutilized premium unit mix. DO NOT ACCESS ANY PORTION OF THE PROPERTY WITHOUT LISTING AGENT PRESENT. DO NOT ENGAGE WITH TENANTS. 22 off-street parking spots and owned laundry facilities.

Property Details

Price:
$3,895,000
MLS #:
26669731PS
Status:
Active
Beds:
26
Baths:
26
Type:
Single Family
Neighborhood:
334southendpalmsprings
Listed Date:
Mar 25, 2026
Finished Sq Ft:
16,600
Total Sq Ft:
16,600
Lot Size:
53,143 sqft / 1.22 acres (approx)
Year Built:
1976
334 – South End Palm Springs334southendpalmspringsPool

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Schools

Interior

Appliances
DW, RF
Cooling
CA
Flooring
TILE
Heating
CF
Interior Features
CF
Laundry Features
CM, IR
Levels
A

Exterior

Common Walls
NCW
Construction Materials
STC
Direction Faces
W
Garage Spaces
2
Parking Spots
22
Parking Total
22
Patio And Porch Features
CON
Roof
FOM
Spa Features
IG
View
MT, PL

Financial

Gross Operating Income
$330,200
Net Operating Income
$177,053

Map

Community

Subdivisions in Palm Springs

Market Summary

Current real estate data for Single Family in Palm Springs as of Apr 06, 2026
805
Single Family Listed
100
Avg DOM
426
Avg $ / SqFt
$1,042,846
Avg List Price

Property Summary

    1850 S Camino Real Palm Springs CA is a Single Family for sale in Palm Springs, CA, 92264. It is listed for $3,895,000 and features 26 beds, 26 baths, and has approximately 16,600 square feet of living space, and was originally constructed in 1976. The current price per square foot is $235. The average price per square foot for Single Family listings in Palm Springs is $426. The average listing price for Single Family in Palm Springs is $1,042,846.

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1850 S Camino Real
Palm Springs, CA