55+ Community Home with Private
38595 Commons Valley Dr Palm Desert, CA 92260
38595 Commons Valley Dr, Palm Desert, CA, 92260
$345,000
For Sale
$345,000
Split floor plan with remodeled kitchen and a private patio, plus garage, storage room, and a backyard with mountain views.
Property Size1,690 SF
Price / SF$204.14
Days on Market169
Property Features for 38595 Commons Valley Dr
General Information
- Standard status
- Active
- Size
- 1,690 SF
- Property subtype
- Manufactured In Park
Listing agency
Palm Desert Greens Real Estate
(760) 799-8326
Listed by
Lisa Strohm
(760) 799-8326
Source
Exprealty
Added: Feb 4 Updated: Jul 22 at 5:05AM Checked: Jul 22 at 5:05AM
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 Palm Desert Greens Real Estate
Investment Insights
Based on property information with market context.
This home offers a split floor plan and a remodeled kitchen. A private patio sits off the premier room, and there is also an addition room providing storage space for an office or hobby. In addition to the garage, the layout includes a large backyard with mountain views.
Located in Palm Desert, CA within Palm Desert Greens, a 55+ community with on-site amenities and activities. Golf is included, and the community also features a restaurant and a pro shop for convenience. Buyer to verify the square footage of the home.
Located in Palm Desert, CA within Palm Desert Greens, a 55+ community with on-site amenities and activities. Golf is included, and the community also features a restaurant and a pro shop for convenience. Buyer to verify the square footage of the home.
Key Highlights
- Split floor plan with a remodeled kitchen
- Private patio off the premier room
- Garage plus an additional room with storage for an office or hobby
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 | $50.7k | $30.00 |
| − Vacancy | −$963 | −$0.57 |
| EGI | $49.7k | $29.43 |
| − OpEx | −$22.4k | −$13.24 |
| NOI | $27.4k | $16.19 |
1,690 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$390.8K
$341.9K – $455.9K
NOI $27,355 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.3K
$443.0K – $590.7K
NOI $35,441 @ 7.0% cap · market cap 10.27%
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 - Split floor plan with remodeled kitchen and a private patio, plus garage, storage room, and a backyard with mountain views.
Where is this mobile home & rv park located?
The property is located at 38595 Commons Valley Dr Palm Desert, CA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Split floor plan with a remodeled kitchen; Private patio off the premier room; Garage plus an additional room with storage for an office or hobby
