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Listed by LE INVESTMENT GROUP, ALBERT LE, Listing Contact: 909-256-7889

$7,410,000

74380 El Camino, Palm Desert CA, 92260

Price per sqftN/A
Built in1963
Property typeMulti-family

Overview

Active

Listed Sep 23, 2026

Updated 9 days ago

HIGHLIGHTS: Palm Desert opportunity: 38 of 52 condo units, 73% majority ownership of the entire community, in a highly desirable year-round tourism destination. / 38 fully renovated, furnished and turnkey condos in the heart of Palm Desert, with all FF&E included and approximately $50,000 invested per unit. / Strong day-one cash flow with a 9.00% CAP, plus significant upside to a 13.36% proforma CAP and a per unit basis 15%–30% below nearby condo sales. / Renovated interiors and upgraded major common-area infrastructure, with additional aesthetic repositioning upside and multiple exit strategies through / Prime Palm Desert location near El Paseo, with a $237 proforma ADR and significant peak-season upside driven by major events and year-round tourism. / Fully condo-mapped. $575/Unit/Month HOA dues cover water, internet, common area insurance, exterior maintenance, pool & landscaping. The offering consists of 38 of the 52 condominium units (approximately 73% of the entire project) located at 74380 El Camino in Palm Desert, California. This substantial concentration of ownership represents a unique opportunity to acquire a controlling majority of the units within a single project, providing investors with significant scale and the potential to benefit from future improvements a

$49,299/mo

Est. mortgage payment based on a $7,410,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRIV26208044

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.01 Acres
MLS provider logo

Listed by LE INVESTMENT GROUP, ALBERT LE DRE:01468313,
Listing Contact: 909-256-7889 

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Data last updated 2:33 PM UTC, 9/28/2026

 

 

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