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74380 El Camino

Palm Desert, CA 92260
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Bed 1

Bed

Bath 1

Bath

SqFt515

Sqft(Lot)

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 and repositioning of the community. The property is centrally located in Downtown Palm Desert, just steps from El Paseo Drive, the city's premier shopping and entertainment destination. The surrounding area has evolved into an upscale district featuring approximately 150 boutiques, art galleries and restaurants. With its concentration of luxury retailers, landscaped streetscape and proximity to world-class resorts, spas, golf courses, tennis facilities, fine dining and nightlife, El Paseo is often referred to as the “Rodeo Drive of the Desert.” APNS: 625340002, 625340004, 625340007, 625340008, 625340009, 625340010, 625340011, 625340012, 625340013, 625340014, 625340015, 625340016, 625340017, 625340018, 625340021, 625340022, 625340023, 625340024, 625340025, 625340026, 625340027, 625340028, 625340029, 625340030, 625340031, 625350003, 625350004, 625350005, 625350006, 625350007, 625350009, 625350010, 625350011, 625350012, 625350015, 625350017, 625350021

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,410,000

AD Id : 91447866

MLS Id : IV26208044

Beds : 1

Lot Size : 515 Sq. Ft

Year Built : 1963

County : Riverside

Subdivision: Greenslopes Lake Crk Sec 09

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1963
    Building Area Total: 600
    Stories: 1
    Pool Features: Association
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 515 Lot Size Acres: 0.0118 Lot Size Source: Assessor Lot Size Square Feet: 515 Lot Description: SixteenToTwentyUnitsAcre

    Property Information

    Subdivision: International Lodge (32316) Source Property Type: ResidentialIncome Property SubType: Condominium Levels: One Property Age: 63

  • Listing Price Information

    Listing Price: $7410000
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  • Tax Information

    Parcel Number: 625340006 Tax Lot: 1

  • Location Information

    Direction: Located On El Camino WaterSource: Public
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144 Verde Way, Palm Desert, CA, 92260 $465,000 2 2 1,070 3,920 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/09/2026 @ 04:02

MLS: IV26208044 LISTED BY: ALBERT LE, LE INVESTMENT GROUP 909-256-7889 SOURCE: CRMLS

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