74431 De Anza Way
Palm Desert, CA 92260
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Bed
0
Bath
16,117Sqft(Lot)
Investor's dream in the heart of Palm Desert! This fully permitted five-unit income property sits on a spacious 0.41-acre lot and offers projected gross rental income of $10,350 per month ($124,200 annually) at full stabilization. Three units are currently leased and generating income, while the property's two highest-value units are vacant and ready for immediate lease-up at market rates.The primary residence is a spacious 2,700 sq. ft. 3-bedroom, 2-bath home featuring an attached two-car garage, private lap pool, in-ground spa, and built-in BBQ, with projected rental income of $3,750 per month. The standout feature is the detached 2-bedroom, 1.5-bath guest house, complete with its own owned solar system that saves approximately $400-$500 per month in electricity costs, with projected ren
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1973Stories: 1Pool Features: InGroundPrivate Pool: YesView: Mountains
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Lot Information
Main Square Feet: 16117 Lot Size Acres: 0.37 Lot Size Source: Assessor Lot Size Square Feet: 16,117Property Information
Subdivision: Not Applicable-1 Source Property Type: ResidentialIncome Postal Code Plus 4: 3735 Levels: One Property Age: 53
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Listing Price Information
Listing Price: $1485000Cash, CashToNewLoan, Exchange1031
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Tax Information
Parcel Number: 625074004
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Virtual Tour
Parking Information
Parking Total: 2 Driveway, OnStreetGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: From the West: From Hwy 111, head North on De Anza Way, property on the Left.From the East: From Hwy 111, head North on Portola Avenue, turn Right on De Anza Way, property on the Right.
How much is this property worth?
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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 |
| 74569 Falcon Lane, Palm Desert, CA, 92260 | $625,000 | 4 | 3 | 1,670 | 1,670 SqFt |
| 74616 Waterlily Circle, Palm Desert, CA, 92260 | $769,000 | 3 | 2 | 2,599 | 2,599 SqFt |
| 14 Calle Lantana, Palm Desert, CA, 92260 | $975,000 | 4 | 3 | 3,322 | 3,322 SqFt |
| 74567 Gary Avenue, Palm Desert, CA, 92260 | $579,000 | 3 | 2 | 1,567 | 1,567 SqFt |
| 74613 Waterlily Circle, Palm Desert, CA, 92260 | $829,000 | 3 | -- | 1,948 | 1,948 SqFt |
| 74361 Angels Camp Road, Palm Desert, CA, 92260 | $307,500 | 2 | 1 | 1,868 | 1,868 SqFt |
| 39237 Desert Greens Dri.., Palm Desert, CA, 92260 | $369,000 | 2 | 1 | 1,584 | 1,584 SqFt |
| 39784 Manzanita Drive #4, Palm Desert, CA, 92260 | $319,500 | 2 | 2 | 1,800 | 1,800 SqFt |
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ByOwner last updated this listing 07/25/2026 @ 11:51
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