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    610 S Camino Real Palm Springs, CA 92264

    View on Map
    Sponsored
    For Sale
    $1,025,000

    MULTI_FAMILY - Bungalow, Contemporary - Palm Springs, CA

    Property size:
    2,128 SF
    Lot size:
    0.14 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 11 at 3:06 pm

    Property Features for 610 S Camino Real

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security Lighting
    Spa
    1
    Window features
    Double Pane Windows, Blinds
    Zoning
    R-2
    Rooms
    Bathroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3
    Bedrooms
    3
    Bathrooms
    4
    APN
    508154001
    Parking
    4
    Parking features
    Driveway, Assigned, Tandem
    Patio and Porch features
    Deck
    Pool private
    1
    Interior features
    Stainless Counters, Vaulted Ceiling(s), Open Floorplan, Storage, Granite Counters
    Exterior features
    Balcony
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Washer
    Size
    2,128 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Fireplace(s), Central
    Cooling system
    Wall/Window Unit(s), Central Air, Ceiling Fan(s), Zoned, Window Unit(s)

    Building Details

    Year built
    1938
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Mixed, Tile - Ceramic
    Building materials
    Adobe
    Roof type
    Shingle
    Architectural style
    Bungalow, Contemporary
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Robert S Cowles

    Equity Union Real Estate (818) 631-1660

    Listing agent Robert S Cowles

    Listing date Mar 11, 2026

    MLS# 219144591 Listing URL

    Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Palm Springs Duplex with Mountain Views

    This multifamily property in Palm Springs features two vacant units. Unit A is a bungalow-style 1-bedroom, 2-bath residence with a den that includes a Murphy bed. The living room opens to the pool area and offers mountain views, complemented by a gas fireplace. It features updated porcelain tile flooring, a gourmet kitchen with a chef's island, stainless steel appliances including a Viking gas range, a wine cooler, and a new washer/dryer. The primary bedroom has an ensuite bathroom. The unit also includes a private front yard with desert landscaping and dedicated parking spaces with remote access gate. Unit B is a two-story, 2-bedroom, 2-bath unit with high ceilings and celestial windows. The second-floor bedroom has a walk-in closet and a balcony with mountain views. The kitchen includes a walk-in pantry, dual refrigerators, and newer appliances. The main-level primary bedroom has a private patio and bath with a step-in tub. The open-concept living room has sliders on both sides. This unit also has a private side yard with mountain views and dedicated parking spaces with remote access gate. The property includes a heated PebbleTec pool and spa with an outdoor shower and patios for each unit. It is situated on a corner lot, providing privacy between units. Each unit has its own electric, gas, and water meters, as well as laundry facilities. The property, zoned R-2, offers income potential and could serve as a private Palm Springs compound or a long-term investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.538309
    Latitude
    33.813864

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    FAQs

    What type of property is this?
    Duplex - Two vacant units, pool, mountain views, income potential.
    Where is this duplex located?
    The property is located at 610 S Camino Real Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: - Heated PebbleTec pool and spa with mountain views, outdoor shower, and patios, creating a desert retreat atmosphere.; - Two separate units (1-bedroom and 2-bedroom) each with private yards and dedicated parking, offering flexibility for living and income potential.; - Both units feature updated kitchens with stainless steel appliances, including a Viking gas range and wine cooler in Unit A, and dual refrigerators in Unit B.
    (415) 572-8353
    Request Owner's contact information
    610 S Camino Real Palm Springs, CA 92264
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    Palm Springs, CA 92264
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    610 S Camino Real Palm Springs, CA 92264
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    We can help!
    Listing Contact
    Robert S Cowles
    (415) 572-8353
    Learn more
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