Home | Riverside County | Palm Desert | 92260 | 74380 El Camino
MLS: CRIV26208044 | Status: | Price: $7,410,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 515 | 1963 |
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
| Field | Value |
|---|---|
| MLS # | CRIV26208044 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 0 Car(s) |
ALBERT LE
LE INVESTMENT GROUP
License #: 01468313
Phone: (909) 256-7889
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Abraham Lincoln Elementary School | public | K-5 | 1.03 mi | 7 |
| Palm Desert High School | public | 9-12 | 1.07 mi | 9 |
| James Earl Carter Elementary School | public | K-5 | 1.80 mi | 8 |
| Gerald R. Ford Elementary School | public | K-5 | 3.25 mi | 9 |
| Rancho Mirage Elementary School | public | K-5 | 3.41 mi | 4 |
| Colonel Mitchell Paige Middle School | public | 6-8 | 3.84 mi | 2 |
| Desert Sands Adult | public | UG | 3.92 mi | N/A |
| Summit High (Continuation) School | public | 10-12 | 3.96 mi | 2 |
| Horizon School | public | K-12 | 3.96 mi | 4 |
| Ronald Reagan Elementary School | public | K-5 | 4.02 mi | 5 |
| James Monroe Elementary School | public | K-5 | 4.24 mi | 7 |
| Benjamin Franklin Elementary School | public | K-5 | 4.54 mi | 6 |
| John Adams Early Childhood Learning Center | public | KG,1 | 4.73 mi | N/A |
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This listing information is up-to-date as of September 24, 2026. For the most current information, please contact ALBERT LE, (909) 256-7889.