Remodeled Residential Income
For Sale
$445,000
39383 Warm Springs Dr, Palm Desert, CA 92260
Triple-wide home features updated systems, new finishes, and access to extensive community amenities.
Property Size1,760 SF
Price / SF$252.84
Days on Market57
Property Features for 39383 Warm Springs Dr
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Manufactured In Park
Listing Agency:
Palm Desert Greens Real Estate
(760) 799-8326
Listed By:
Martha Mouton
(760) 832-2162
Source:
Exprealty
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 28 at 10:15AM
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
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Investment Insights
Based on property information with market context.
This 1,760-square-foot triple-wide home has undergone a comprehensive remodel with drywall, laminate flooring, updated lighting and plumbing, new windows and doors, and a metal roof. Electrical improvements include new 200-amp wiring throughout, while a tankless water heater and paid-for solar system add to the updated infrastructure.
The kitchen includes new cabinets, appliances, quartz countertops, and a large island. The primary bedroom offers a walk-in closet, and both bathrooms have been upgraded with tiled showers and new vanities. The home is within walking distance of the clubhouse and has access to a golf course, tennis courts, three pools, a hot tub, sauna, bocce ball, pickleball, exercise and shuffleboard facilities, and social clubs. Cable TV, internet, and trash service are included in the HOA fee.
The kitchen includes new cabinets, appliances, quartz countertops, and a large island. The primary bedroom offers a walk-in closet, and both bathrooms have been upgraded with tiled showers and new vanities. The home is within walking distance of the clubhouse and has access to a golf course, tennis courts, three pools, a hot tub, sauna, bocce ball, pickleball, exercise and shuffleboard facilities, and social clubs. Cable TV, internet, and trash service are included in the HOA fee.
Key Highlights
- 1,760‑square‑foot triple‑wide home with a comprehensive remodel
- Paid‑for solar system, new 200‑amp wiring, and tankless water heater
- Kitchen upgraded with new cabinets, appliances, quartz counters, and large island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,488
Cap Rate
6.40%
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 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.3K
$461.4K – $615.2K
NOI $36,909 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Triple-wide home features updated systems, new finishes, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 39383 Warm Springs Dr Palm Desert, CA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 1,760‑square‑foot triple‑wide home with a comprehensive remodel; Paid‑for solar system, new 200‑amp wiring, and tankless water heater; Kitchen upgraded with new cabinets, appliances, quartz counters, and large island
