72805 Parkview Dr Palm Desert, CA 92260
Estimated payment $53,240/month
Highlights
- No Units Above
- Mountain View
- Community Pool
- Palm Desert High School Rated A
- No HOA
- Resident Manager or Management On Site
About This Home
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. 2 car garages are currently included in the rents but could be used for additional rental income. 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.
Listing Agent
College Park Realty Brokerage Phone: 562-668-2390 License #01156844 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,000
Year Built
- Built in 1989
Lot Details
- 3.7 Acre Lot
- No Units Above
- Two or More Common Walls
- Density is 26-30 Units/Acre
Parking
- 26 Car Garage
- 26 Open Parking Spaces
- Parking Available
- Garage Door Opener
- Guest Parking
- Assigned Parking
Property Views
- Mountain
- Desert
Home Design
- Property Attached
- Entry on the 1st floor
- Spanish Tile Roof
- Stucco
Interior Spaces
- 4 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Gas Fireplace
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 21602
- Assessor Parcel Number 640063018
Community Details
Overview
- No Home Owners Association
- 8 Buildings
- 26 Units
Recreation
- Community Pool
Building Details
- 26 Leased Units
- 26 Separate Electric Meters
- Electric Expense $4,059
- Fuel Expense $871
- Gardener Expense $21,525
- Insurance Expense $15,005
- Maintenance Expense $5,574
- Pest Control $792
- Pool Expense $2,160
- Professional Management Expense $18,000
- Supplies Expense $2,038
- Trash Expense $6,917
- Water Sewer Expense $8,356
- Operating Expense $172,939
- Gross Income $36,575
- Net Operating Income $217,878
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $48,970 | $3,135,758 | $461,582 | $2,674,176 |
| 2023 | $48,970 | $3,013,995 | $443,659 | $2,570,336 |
| 2022 | $46,048 | $2,954,898 | $434,960 | $2,519,938 |
| 2021 | $44,670 | $2,896,960 | $426,432 | $2,470,528 |
| 2020 | $43,987 | $2,867,256 | $422,060 | $2,445,196 |
| 2019 | $43,307 | $2,811,036 | $413,785 | $2,397,251 |
| 2018 | $42,642 | $2,756,508 | $405,673 | $2,350,835 |
| 2017 | $41,923 | $2,702,428 | $397,719 | $2,304,709 |
| 2016 | $41,087 | $2,649,646 | $389,921 | $2,259,725 |
| 2015 | $41,210 | $2,610,064 | $384,065 | $2,225,999 |
| 2014 | $40,664 | $2,559,281 | $376,543 | $2,182,738 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2026 03/16/26 | Price Changed | $9,499,000 | -5.0% | $2,374,750 / Sq Ft |
| 12/12/2025 12/12/25 | For Sale | $9,999,999 | -- | $2,500,000 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25265610
APN: 640-063-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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