Active

72805 Parkview Drive

Palm Desert, CA 92260
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Bed 0

Bed

Bath 0

Bath

Acres4

Acres

SqFt161,172

Sqft(Lot)

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, st reamlining 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $8,499,000

AD Id : 84813490

MLS Id : PW25265610

Lot Size : 161,172 Sqft

Living Area Size : 4

Year Built : 1989

Garage : 26

County : Riverside

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Other,Spanish Tile Exterior Property Features: Lighting Interior Features: Laminate Counters,All Bedrooms Down Property Appliances: Dishwasher,Disposal,Gas Range Fireplace: Electric,Gas Flooring: Carpet,Tile
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Forced Air Has Heating

    Fireplace

    Fireplace Features: Electric,Gas Has Fireplace: 1

  • Building Information

    Year Built: 1989 Building Area Total: 4 Construction: Stucco Roof: Other,Spanish Tile
  • Exterior Features

    Lighting

    Security Features

    Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s)
  • Pool Features

    Community,Association

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Assessor Lot Size Acres: 3.7 Lot Size Dimensions: 161172
  • Lot Size Source: Assessor Lot Size Square Feet: 161172

  • Listing Price Information

    Original List Price: 8,499,000 Listing Contract Date: 2025-12-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 640063018 Annual Tax: 25000

  • Garage and Parking

    Garage Description: Assigned,Garage,Garage Door Opener,Guest

    Homeowners Association

    Association Amenities: Pool
  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Telephone

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 322 - North Palm Desert Directions: Monterey to Parkview Source Property Type: Residential Income Area: 322 - North Palm Desert Property SubType: Mixed Use
  • Building and Construction

    Property Age: 37 Common Walls: 2+ Common Walls,No One Above Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: single Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7 Hillcrest Drive, Palm Desert, CA, 92260 $1,040,000 4 1 3,168 3,168 SqFt
35 Overland Court, Palm Desert, CA, 92260 $2,200,000 5 5 4,650 4,650 SqFt
77 Clavel Court, Palm Desert, CA, 92260 $899,000 4 3 3,346 3,346 SqFt
74 Rocio Court, Palm Desert, CA, 92260 $850,000 3 1 3,001 3,001 SqFt
74578 Zircon Circle, Palm Desert, CA, 92260 $259,900 2 1 1,542 1,542 SqFt
39237 Desert Greens Drive, Palm Desert, CA, 92260 $369,000 2 1 1,584 1,584 SqFt
74860 Fairway Drive, Palm Desert, CA, 92260 $999,000 3 2 2,357 2,357 SqFt
39641 Desert Greens Drive, Palm Desert, CA, 92260 $250,000 2 1 1,610 1,610 SqFt
73341 Brown Rabbit Drive, Palm Desert, CA, 92260 $399,000 2 1 1,822 1,822 SqFt
74461 Mercury Circle, Palm Desert, CA, 92260 $279,000 2 2 1,752 1,752 SqFt

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ByOwner last updated this listing 06/15/2026 @ 03:43

MLS: PW25265610 LISTED BY: Brian Gorman, College Park Realty 562-594-6753 SOURCE: CRMLS

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