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72805 Parkview Drive

Palm Desert, CA 92260
  • $9,499,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: PW25265610
Price Reduced
$9,499,000
  • 0
    BEDS
  • 3.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Brian Gorman of College Park Realty (562-594-6753)


Description

Truly ONE-OF-A-KIND, this 26-unit multifamily community spans 6 distinctive buildings and offers a rare combination of privacy, convenience, and strong rental appeal. This property offers (1) 3 bedroom, 2 bath unit, (20) 2 bedroom, 2 bath units and (5) 2 bedroom, 1 bath units that are ALL BELOW MARKET VALUE. Every unit has central Air Conditioning and its own private 2-car detached garage. The community has an additional 26 uncovered parking spaces for guest parking. Property is fully occupied with substantial rental upside. The community offers desirable shared features, including a sparkling pool, on-site laundry facilities, and well-maintained grounds. Gas, water, and trash are included, streamlining management and providing added value to residents. Ideally located to all things great in the desert and is in walking distance to the College of the Desert. This property consistently attracts long-term, reliable tenants. With unmatched features and steady tenant demand in a prime location, this is a standout investment opportunity with exceptional long-term potential. Impeccably maintained property with pride of ownership. Do not disturb occupants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171324819
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72805 Parkview Drive Palm Desert, CA 92260

  • Price: $9,499,000
  • Status: Active
  • On Site: 94 Days
  • ID#: PW25265610
0
Beds
0
Baths
0
½ Baths
3.7
Acres
1989
Built
Neighborhood:
Parkview
County:
Riverside
Area:
322 - North Palm Desert
Property Description
Truly ONE-OF-A-KIND, this 26-unit multifamily community spans 6 distinctive buildings and offers a rare combination of privacy, convenience, and strong rental appeal. This property offers (1) 3 bedroom, 2 bath unit, (20) 2 bedroom, 2 bath units and (5) 2 bedroom, 1 bath units that are ALL BELOW MARKET VALUE. Every unit has central Air Conditioning and its own private 2-car detached garage. The community has an additional 26 uncovered parking spaces for guest parking. Property is fully occupied with substantial rental upside. The community offers desirable shared features, including a sparkling pool, on-site laundry facilities, and well-maintained grounds. Gas, water, and trash are included, streamlining management and providing added value to residents. Ideally located to all things great in the desert and is in walking distance to the College of the Desert. This property consistently attracts long-term, reliable tenants. With unmatched features and steady tenant demand in a prime location, this is a standout investment opportunity with exceptional long-term potential. Impeccably maintained property with pride of ownership. Do not disturb occupants.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location single Exterior Features Lighting Lot Features 26-30 Units/Acre Number Of Separate Electric Meters 26 Open Parking Spaces 26 Parking Features AssignedGarageGarage Door OpenerGuest Parking Total 52 Pool Features CommunityAssociation Pool Private YN No Property Attached YN Yes Road Surface Type Alley Paved Roof OtherSpanish Tile Spa Features None Spa YN No View DesertMountain(s) View YN Yes

Interior Features

Appliances DishwasherDisposalGas Range Common Walls 2+ Common WallsNo One Above Cooling Central Air Cooling YN Yes Fireplace Features ElectricGas Fireplace YN Yes Flooring CarpetTile Heating Forced Air Heating YN Yes Interior Features Laminate CountersAll Bedrooms Down

Property Features

Additional Parcels YN No Association Amenities Pool Association Fee 0 Association YN No Cable Tv Expense 0 Common Interest None Community Features SidewalksPool Electric Standard Electric Expense 4059 Exclusions Refrigeratortenants provide Fuel Expense 871 Garage YN Yes Gross Income 36575 Gross Scheduled Income 390818 Insurance Expense 15005 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 5574 Net Operating Income 217878 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 26 Operating Expense 172939 Pest Control Expense 792 Pool Expense 2160 Possession See Remarks Property Sub Type Mixed Use Rent Control YN No Security Features Carbon Monoxide Detector(s)Resident ManagerSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Supplies Expense 2038 Tax Annual Amount 25000 Tenant Pays Cable TVElectricityTelephone Total Actual Rent 36575 Trash Expense 6917 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedWater Available Water Sewer Expense 8356 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Brian Gorman of College Park Realty (562-594-6753)