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Unique Multifamily Community with Upside

72805 Parkview Dr, Palm Desert, CA 92260

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For Sale

$9,499,000

26-unit multifamily community with strong rental appeal and upside.

Type:Investment

HighLights

Significant rental upside due to below‑market rents.
Prime location within walking distance to the College of the Desert.
Each unit includes central air conditioning and a private 2‑car detached garage.
Fully occupied with long‑term, reliable tenants.
Desirable community amenities including a pool, on‑site laundry, and well‑maintained grounds.
Gas, water, and trash are included, simplifying management.

We can help!

Listing Contact

Brian Gorman

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For Sale

$9,499,000

26-unit multifamily community with strong rental appeal and upside.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 51
Last Refresh:: Apr 24 at 4:02 pm

Property Features for 72805 Parkview Dr

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1989

We can help!

Listing Contact

Brian Gorman

Listing agent Brian Gorman License #01156844

Listing office RE/MAX College Park Realty

Listing date Apr 24, 2026

Source Elliman

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 RE/MAX College Park Realty

HighLights

Significant rental upside due to below‑market rents.
Prime location within walking distance to the College of the Desert.
Each unit includes central air conditioning and a private 2‑car detached garage.
Fully occupied with long‑term, reliable tenants.
Desirable community amenities including a pool, on‑site laundry, and well‑maintained grounds.
Gas, water, and trash are included, simplifying management.

Overview

This 26-unit multifamily community comprises 6 distinctive buildings, offering a combination of privacy and convenience. The property includes one 3-bedroom, 2-bath unit, twenty 2-bedroom, 2-bath units, and five 2-bedroom, 1-bath units. All units feature central air conditioning and a private 2-car detached garage. In addition to the garages, the community provides 26 uncovered guest parking spaces. The property is fully occupied and presents substantial rental upside. Shared amenities include a pool, on-site laundry facilities, and maintained grounds. Gas, water, and trash services are included. The property is located within walking distance of the College of the Desert. The location is considered very walkable with a score of 79 and bikeable with a score of 57. The property attracts long-term tenants and is an investment opportunity with long-term potential.

Location Intelligence

Current Use by Public Records

KLC Enterprises Inc Limousine Service

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Location Insight

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Local Demand

City: Palm Desert
County: Riverside
State: California
Longitude: -116.3949803
Latitude: 33.7319427

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For sale
Apartment buildings
CA
Palm Desert
92260
72805 Parkview Dr

What type of property is this?

Apartment building - 26-unit multifamily community with strong rental appeal and upside.

Where is this apartment building located?

The property is located at 72805 Parkview Dr Palm Desert, CA.

What is the asking price?

The asking price for this property is $9,499,000.

What are key features of this property?

This property features: Significant rental upside due to below‑market rents.; Prime location within walking distance to the College of the Desert.; Each unit includes central air conditioning and a private 2‑car detached garage.