$325,000
$25K PRICE DROP

83 Panorama Dr Thermal, CA 92274

Thermal Area

Estimated payment $1,985/month

Total Views 4,590
3 Beds
3 Baths
3,000 Sq Ft
$108 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Neighborhood Views

About This Home

Rare Multi-Property Investment Opportunity – 2 Adjacent Income-Producing Properties Near Salton Sea! Don’t miss this unique opportunity to acquire two side-by-side income properties offering strong cash flow and long-term upside. 81 Panorama Dr features 4 studio units plus a 2-bedroom, 1-bath unit, totaling 6 bedrooms, along with 4 separate electric meters. 83 Panorama Dr includes one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, and one studio unit, serviced by 1 electric meter. Combined, this portfolio delivers a diverse unit mix ideal for maximizing occupancy and rental income across multiple tenant profiles. Located near the Salton Sea, a well-known tourist destination, and within close proximity to casinos, golf courses, and major local employers, these properties are perfectly positioned for employee housing and long-term rentals. High demand from workers in nearby hospitality, service, and resort industries makes this an attractive and stable income investment. Ideal for investors looking to scale their portfolio with a multi-property acquisition, or for owner-users seeking to live in one unit while generating income from the rest. Opportunities like this—two adjacent, income-producing properties—are rare. Don’t miss out!

Listing Agent

Frank Sanchez

ROA California Inc Brokerage Email: frank@sanchezrealestateinc.com License #02233922 Listed on: 04/22/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,113 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 17 / A
  • Tax Tract Number 123
  • Assessor Parcel Number 001071017000
  • $1,982 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Vista Santa Rosa Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,113 Sq Ft Lot

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Vista Santa Rosa (31601)
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 001071017000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3000.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 108.33
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Front
  • Lot Size Sq Ft: 7113.00
  • Lot Size Acres: 0.1633

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 7113.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: A
  • Tax Lot: 17
  • Tax Tract Number: 123.02
  • TaxOtherAnnualAssessmentAmount: 1982.00

Map

Range of Values:

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Value Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,402 $50,003 $6,245 $43,758
2025 $2,330 $49,023 $6,123 $42,900
2023 $2,330 $47,121 $5,886 $41,235
2022 $1,714 $46,198 $5,771 $40,427
2021 $1,608 $45,293 $5,658 $39,635
2020 $1,224 $44,829 $5,600 $39,229
2019 $1,191 $43,951 $5,491 $38,460
2018 $1,131 $43,090 $5,384 $37,706
2017 $1,086 $42,246 $5,279 $36,967
2016 $1,019 $41,419 $5,176 $36,243
2015 -- $40,798 $5,099 $35,699
2014 -- $41,706 $11,764 $29,942
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 Price Changed $325,000 -7.1% $108 / Sq Ft
04/22/2026 04/22/26 For Sale $350,000 -- $117 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $70,000 Orange Coast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $215,000 Commercial
Closed $60,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26087711

California Regional Multiple Listing Service (CRMLS)

APN: 001-071-017-000

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