Residential Income
For Sale
$370,000
39049 Desert Greens Dr E, Palm Desert, CA 92260
For sale residential income property in Palm Desert, Riverside County, listed for $370,000.
Property Size1,710 SF
Price / SF$216.37
Days on Market163
Property Features for 39049 Desert Greens Dr E
General Information
Standard status
Active
Size
1,710 SF
Property subtype
Manufactured In Park
Listing Agency:
Palm Desert Greens Real Estate
Listed By:
Lisa Strohm
(760) 799-8326
Source:
Exprealty
Added: Apr 26
Changed: Oct 4
Last Checked: Oct 4 at 1:29PM
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 for-sale residential income property is listed at $370,000 and located at 39049 Desert Greens Drive E in Palm Desert, California (Riverside County).
The property is classified as a residential income asset with additional property-type listings that include multifamily and mobile home & RV parks. Based on the information provided, further details on unit mix, amenities, or specific improvements are not included.
Interested buyers and brokers can request complete offering materials to review the property’s configuration and operating details.
The property is classified as a residential income asset with additional property-type listings that include multifamily and mobile home & RV parks. Based on the information provided, further details on unit mix, amenities, or specific improvements are not included.
Interested buyers and brokers can request complete offering materials to review the property’s configuration and operating details.
Key Highlights
- Residential income property for sale in Palm Desert, Riverside County
- Year built: 1977
- Central air conditioning with ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,679
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,580
$553.6K
Cap Rate 7%
$395,414
$395.4K
Cap Rate 9%
$307,544
$307.5K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$51.3K $30.00/SF
− Vacancy
−$975 −$0.57/SF
EGI
$50.3K $29.43/SF
− OpEx
−$22.6K −$13.24/SF
NOI
$27.7K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,580
Cap Rate 7%
$395,414
Cap Rate 9%
$307,544
Alternative Uses
Best Use
Apartment 5plus
$395.4K
$346.0K – $461.3K
NOI $27,679 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.3K
$448.3K – $597.7K
NOI $35,860 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
Demographics for 92260, CA
31,641
Population
21,659
Households
1.5
Avg Household Size
57
Median Age
38%
College-Educated
92%
High-School Grad
31.3 sq mi
ZIP Area
1,011
Density / Sq Mi
$72,252
Median Household Income
$41,810
Median Earnings
$1,654
Median Rent
$463,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - For sale residential income property in Palm Desert, Riverside County, listed for $370,000.
Where is this mobile home & rv park located?
The property is located at 39049 Desert Greens Dr E Palm Desert, CA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Residential income property for sale in Palm Desert, Riverside County; Year built: 1977; Central air conditioning with ceiling fans
