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Palm Desert, CA Apartment Buildings for Sale

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Palm Desert Condo Near El Paseo
Updated: Aug 6, 2025
Palm Desert Condo Near El Paseo

72682 Thrush Road, Palm Desert, CA 92260

$230,000
810 sqft
Prime location: Steps from El Paseo's world‑class shopping and dining.
Ground‑floor, single‑level condo for easy access and convenience.
Low HOA includes water, trash, earthquake insurance, and pool/spa access.
Potential for $15,000 in down payment and closing cost credits (if criteria are met).
Community pool and spa within lushly landscaped grounds.
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Palm Desert Condominium Package Deal
Updated: Oct 3, 2024
Palm Desert Condominium Package Deal

74380 El Camino #2, Palm Desert, CA 92260

$6,845,000
22,200 sqft 0.25 AC lot
Significant price reduction of $2,105,000 on the package deal.
Units priced well below market at $185,000 each, offering a potential upside of $65,000 per unit or $2,405,000 total.
Grandfathered status allows existing short‑term rentals (STRs) to continue operating without restrictions.
Pro Forma CAP rate of 14.35% with potential for long‑term rentals, short‑term Airbnb, or hotel project.
Prime location steps from El Paseo Drive, Palm Desert's premier shopping and dining district.
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Condominium Short-Term Rental Investment
Condominium Short-Term Rental Investment

2-74380 El Camino, Palm Desert, CA 92260

$6,845,000

Updated condo units built for long- and short-term occupancy with a structure that supports continued STR operations.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Palm Desert, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

521 Desert Way, Palm Springs, CA 92264

$1,357,900
3,900 sqft 0.23 AC lot

Renovated 5-unit apartment building with three long-term residents and R2 zoning in Palm Springs.

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Palm Springs Multifamily Investment Opportunity
Palm Springs Multifamily Investment Opportunity

3737 Calle De Carlos, Palm Springs, CA 92264

$870,000
3,800 sqft 0.23 AC lot

Five-unit income property in Palm Springs' Demuth Park submarket.

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Fully Leased Ten-Unit Multifamily Property
Fully Leased Ten-Unit Multifamily Property

69180 Victoria Dr, Cathedral City, CA 92234

$2,949,000
1,230 sqft 0.80 AC lot

Ten-unit property with in-unit laundry, pool, and tennis court.

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Seven-Unit Multifamily Investment Opportunity
Seven-Unit Multifamily Investment Opportunity

27700 Avenida Terrazo, Cathedral City, CA 92234

$1,250,000
4,200 sqft 19,731.00 AC lot

Seven units in Cathedral City near Palm Springs.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Off-Market Properties in Palm Desert, CA

Consider similar Off-Market properties in Palm Desert, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

44660 San Pablo Ave
APARTMENT HOUSE (5+ UNITS)

44660 San Pablo Ave, Palm Desert, CA 92260-3544

Value Estimation by Request
1,136 sqft 1.55 AC lot
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44700 San Jacinto Ave
APARTMENT HOUSE (5+ UNITS)

44700 San Jacinto Ave, Palm Desert, CA 92260-3600

$2,135,000
Estimated value
6,671 sqft 0.52 AC lot
View details
44700 San Jacinto Ave
APARTMENT HOUSE (5+ UNITS)

44700 San Jacinto Ave, Palm Desert, CA 92260-3600

$2,420,000
Estimated value
0.31 AC lot
View details
46045 Ocotillo Dr
APARTMENT HOUSE (5+ UNITS)

46045 Ocotillo Dr, Palm Desert, CA 92260-4670

$980,000
Estimated value
5,348 sqft 0.41 AC lot
View details
46050 Hwy 74
APARTMENT HOUSE (5+ UNITS)

46050 Hwy 74, Palm Desert, CA 92260-5313

$1,870,000
Estimated value
1,530 sqft 0.42 AC lot
View details
40445 Portola Ave
APARTMENT HOUSE (100+ UNITS)

40445 Portola Ave, Palm Desert, CA 92260-1692

$43,500,000
Estimated value
214,678 sqft 6.43 AC lot
View details
40235 Harris Ln, Unit 106
APARTMENT HOUSE (5+ UNITS)

40235 Harris Ln, Palm Desert, CA 92211-6222

Unit 106
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40255 Harris Ln, Unit 106
APARTMENT HOUSE (5+ UNITS)

40255 Harris Ln, Palm Desert, CA 92211-6260

Unit 106
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40255 Harris Ln, Unit 105
APARTMENT HOUSE (5+ UNITS)

40255 Harris Ln, Palm Desert, CA 92211-6260

Unit 105
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40245 Harris Ln, Unit 105
APARTMENT HOUSE (5+ UNITS)

40245 Harris Ln, Palm Desert, CA 92211-6258

Unit 105
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40255 Harris Ln, Unit 104
APARTMENT HOUSE (5+ UNITS)

40255 Harris Ln, Palm Desert, CA 92211-6260

Unit 104
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40235 Harris Ln, Unit 103
APARTMENT HOUSE (5+ UNITS)

40235 Harris Ln, Palm Desert, CA 92211-6222

Unit 103
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40255 Harris Ln, Unit 103
APARTMENT HOUSE (5+ UNITS)

40255 Harris Ln, Palm Desert, CA 92211-6260

Unit 103
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40245 Harris Ln, Unit 103
APARTMENT HOUSE (5+ UNITS)

40245 Harris Ln, Palm Desert, CA 92211-6258

Unit 103
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40255 Harris Ln, Unit 101
APARTMENT HOUSE (5+ UNITS)

40255 Harris Ln, Palm Desert, CA 92211-6260

Unit 101
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40235 Harris Ln, Unit 101
APARTMENT HOUSE (5+ UNITS)

40235 Harris Ln, Palm Desert, CA 92211-6222

Unit 101
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40245 Harris Ln, Unit 101
APARTMENT HOUSE (5+ UNITS)

40245 Harris Ln, Palm Desert, CA 92211-6258

Unit 101
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
40245 Harris Ln, Unit 100
APARTMENT HOUSE (5+ UNITS)

40245 Harris Ln, Palm Desert, CA 92211-6258

Unit 100
$5,500,000
Estimated value
1,015 sqft 0.01 AC lot
View details
73170 Tumbleweed Ln
APARTMENT HOUSE (5+ UNITS)

73170 Tumbleweed Ln, Palm Desert, CA 92260-4255

$2,750,000
Estimated value
1,749 sqft 0.64 AC lot
View details
46100 Ocotillo Dr
APARTMENT HOUSE (5+ UNITS)

46100 Ocotillo Dr, Palm Desert, CA 92260-4673

$1,625,000
Estimated value
7,416 sqft 0.46 AC lot
View details
40245 Harris Ln, Unit 107
APARTMENT HOUSE (5+ UNITS)

40245 Harris Ln, Palm Desert, CA 92211-6258

Unit 107
$5,415,000
Estimated value
1,015 sqft 0.01 AC lot
View details

Palm Desert, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Palm Desert, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,010 square feet of properties for sale, with an estimated market value of $7,075,000.

Sale prices for two-family homes in Palm Desert, CA start at $230,000, averaging $3,537,500, and reaching up to $6,845,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 63K
Population Growth (5Y) -2.2%
Median Household Income $84,567
College Educated 40.6%

High-Yield Neighborhoods for Investment

Identify Palm Desert submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92260 $5.5M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $9.41 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Palm Desert fall within the 25,000 to 50,000 square foot range.

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