Palm Desert Condo Near El Paseo

72682 Thrush Road Palm Desert, CA 92260

Claim this Listing
For Sale
$230,000

Charming 2-bedroom condo near El Paseo's shopping and dining.

Type:Condominium
Property size:
810 SF
Price / SF:
$283/SF
Added:
Aug 6, 2025
Days on Market:
341
Last Refresh:
May 19 at 8:53 pm

Property Features for 72682 Thrush Road

General Information

Standard status
Active
Size
810 SF
Property subtype
Condominium

Building Details

Year Built
1971

Listing office COLDWELL BANKER REALTY

Listing date Aug 6, 2025

Source Kw

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 COLDWELL BANKER REALTY


Investment Insights

Based on property information with market context.

This single-level, ground-floor condo offers comfort and convenience in a desirable location, situated just off Highway 74 and minutes from shopping and dining on El Paseo. The property features an open layout with large windows that bring in natural light. It includes 2 bedrooms and 1 bathroom. The property size is 810 square feet. Residents can enjoy the landscaped grounds and unwind in the community pool and spa. The low HOA includes water, trash, and earthquake insurance, as well as access to the pool and spa. This condo is suitable as a full-time residence, weekend getaway, or investment property.

Key Highlights

  • Prime location: Steps from El Paseo's world‑class shopping and dining.
  • Ground‑floor, single‑level condo for easy access and convenience.
  • Low HOA includes water, trash, earthquake insurance, and pool/spa access.

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 $24.3k $30.00
− Vacancy −$462 −$0.57
EGI $23.8k $29.43
− OpEx −$10.7k −$13.24
NOI $13.1k $16.19
810 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$187.3K
$163.9K – $218.5K (±1% cap)
NOI $13,111 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$242.7K
$212.3K – $283.1K (±1% cap)
NOI $16,986 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Auto Repair Shop HVAC Service Nail Salon Big Box & Wholesale Store Auto Parts Store Daycare Center Skin Care Clinic Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Charming 2-bedroom condo near El Paseo's shopping and dining.
Where is this apartment building located?
The property is located at 72682 Thrush Road Palm Desert, CA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Prime location: Steps from El Paseo's world‑class shopping and dining.; Ground‑floor, single‑level condo for easy access and convenience.; Low HOA includes water, trash, earthquake insurance, and pool/spa access.
Contact an agent
More about this property
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