72805 Parkview Dr Palm Desert, CA 92260
Estimated payment $54,321/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. 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
RE/MAX 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
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
- 72765 Fleetwood Cir
- 72834 Fleetwood Cir
- 149 Paseo Vista Cir
- 72806 Fleetwood Cir
- 133 Torremolinos Dr
- 109 Torremolinos Dr
- 15 Florentina Dr
- 32 Vistara Dr
- 72440 Brushwood Dr
- 72400 Rancho Rd
- 72424 Desert Dr
- 72374 Rancho Rd
- 72408 Desert Dr
- 25 Torremolinos Dr
- 38 San Sebastian Dr
- 72794 Rancho Grande Dr
- 164 Castellana S
- 171 Avenida Las Palmas
- 172 Castellana S
- 73 Marbella Dr
- 72830 Fleetwood Cir
- 4 Mesquite Ridge Ln
- 72795 Fleetwood Cir
- 7 Florentina Dr
- 159 Torremolinos Dr
- 63 Torremolinos Dr
- 187 Torremolinos Dr
- 72408 Desert Dr
- 72382 Desert Dr
- 128 Castellana W
- 126 Castellana W
- 81 Marbella Dr
- 72278 Barbara Dr
- 170 Castellana S
- 117 Juan Cir
- 178 Castellana S
- 101 Juan Cir
- 184 Castellana S
- 28 Calle Encinitas
- 179 Gran Viaduct