Residential Income
20 Ocotillo Lane Palm Desert, CA 92260
New
20 Ocotillo Lane, Palm Desert, CA, 92260
$199,000
For Sale
$199,000
For sale residential income property located at 20 Ocotillo Lane in Palm Desert.
Property Size1,080 SF
Price / SF$184.26
Days on Market3
Property Features for 20 Ocotillo Lane
General Information
- Standard status
- Active
- Size
- 1,080 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1971
Listing agency
(760) 273-5150
Listed by
Troy J Kudlac · License #01498474
Source
Evrealestate
Added: Jul 21 Updated: Jul 23 at 4:12AM Checked: Jul 23 at 4:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Troy J Kudlac
Investment Insights
Based on property information with market context.
This for-sale residential income property is listed at 20 Ocotillo Lane in Palm Desert, CA, within Riverside County. The property is identified as a multifamily/residential income asset in the provided materials.
The offering information includes an address in Palm Desert and a listed property size of 1,080. No additional details on unit configuration, layout, condition, or improvements were provided in the source information.
Prospective buyers and brokers should confirm income and operational details directly during due diligence, including current configuration and any applicable property specifications that are not included here.
The offering information includes an address in Palm Desert and a listed property size of 1,080. No additional details on unit configuration, layout, condition, or improvements were provided in the source information.
Prospective buyers and brokers should confirm income and operational details directly during due diligence, including current configuration and any applicable property specifications that are not included here.
Key Highlights
- Residential income property for sale at 20 Ocotillo Lane in Palm Desert
- Central heating
- Mountain and valley views
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $30.00 |
| − Vacancy | −$616 | −$0.57 |
| EGI | $31.8k | $29.43 |
| − OpEx | −$14.3k | −$13.24 |
| NOI | $17.5k | $16.19 |
1,080 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$249.7K
$218.5K – $291.4K
NOI $17,481 @ 7.0% cap · market cap 8.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$323.5K
$283.1K – $377.5K
NOI $22,648 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - For sale residential income property located at 20 Ocotillo Lane in Palm Desert.
Where is this mobile home & rv park located?
The property is located at 20 Ocotillo Lane Palm Desert, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Residential income property for sale at 20 Ocotillo Lane in Palm Desert; Central heating; Mountain and valley views
