Residential Income Property with Golf
39186 Moronga Canyon Drive, Palm Desert, CA 92260
For Sale
$599,000
Interior features include an open floor plan, cathedral ceilings, a pantry, and a walk-in closet.
Property Size1,760 SF
Price / SF$340.34
Days on Market11
Property Features for 39186 Moronga Canyon Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Amenities
Gated, Pool
Billiard Room, Clubhouse, Golf Course, Game Room, Meeting Room, Picnic Area, Playground, Pool, Recreation Room, Sauna, Spa/Hot Tub, Security, Tennis Court(s), Trash, Cable TV
Central Air
Central, Forced Air
Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood, Vented Exhaust Fan, Dryer, Washer
Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Open Floorplan, Recessed Lighting, Walk-In Closet(s), Pantry
Golf Course, Mountain(s), Panoramic
Attached, Attached Carport, Concrete, On Street
Building Details
Building Size
Year Built
Stories
Listed By:
Susan Perryman
(310) 261-1960
Source:
Evrealestate
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 12 at 7:43AM
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 Susan Perryman
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential property was built in 1977 and includes central air conditioning and forced-air heating. The interior has an open floor plan, cathedral ceilings, recessed lighting, a breakfast bar, a pantry, and a walk-in closet. Kitchen appliances include a dishwasher, disposal, microwave, range, refrigerator, and range hood; a washer and dryer are also present.
Exterior features include golf course, mountain, and panoramic views. The property has an attached carport, concrete surfaces, and on-street parking.
Exterior features include golf course, mountain, and panoramic views. The property has an attached carport, concrete surfaces, and on-street parking.
Key Highlights
- Golf course, mountain, and panoramic views
- Built in 1977
- Attached carport, with concrete and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,488
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,760
$569.8K
Cap Rate 7%
$406,971
$407.0K
Cap Rate 9%
$316,533
$316.5K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$52.8K $30.00/SF
− Vacancy
−$1.0K −$0.57/SF
EGI
$51.8K $29.43/SF
− OpEx
−$23.3K −$13.24/SF
NOI
$28.5K $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%
$569,760
Cap Rate 7%
$406,971
Cap Rate 9%
$316,533
Alternative Uses
Best Use
Apartment 5plus
$407.0K
$356.1K – $474.8K
NOI $28,488 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.3K
$461.4K – $615.2K
NOI $36,909 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
295
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
$463,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Residential income properties in Palm Desert, CA
Properties on Market for Residential income properties in Palm Desert
Frequently Asked Questions
What type of property is this?
Residential income property - Interior features include an open floor plan, cathedral ceilings, a pantry, and a walk-in closet.
Where is this residential income property located?
The property is located at 39186 Moronga Canyon Drive Palm Desert, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Golf course, mountain, and panoramic views; Built in 1977; Attached carport, with concrete and on‑street parking
