Golf Course Residential Income
For Sale
$329,000
73531 Cabazon Peak Drive, Palm Desert, CA 92260
Manufactured home in a 55+ community with golf, pickleball, tennis, and bocce ball amenities.
Property Size1,368 SF
Price / SF$240.50
Days on Market23
Property Features for 73531 Cabazon Peak Drive
General Information
Standard status
Active
Size
1,368 SF
Property subtype
Manufactured In Park
Additional Details
Multifamily Units
1
Amenities
golf
pickleball
tennis
bocce ball
Building Details
Buildings
1
Construction
manufactured home
Listing Agency:
C 21 Coachella Valley RE
(760) 349-8080
Listed By:
Katrina Jordyn
(760) 912-3615
Source:
Kaleorealestate
Added: Sep 13
Changed: Oct 5
Last Checked: Oct 4 at 1:44PM
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 C 21 Coachella Valley RE
Investment Insights
Based on property information with market context.
This 1,368 sq. ft. manufactured home is situated within Palm Desert Greens, a 55+ community in Palm Desert. The property is positioned on the golf course and offers access to an active residential setting with recreation and community amenities nearby.
Community amenities include golf, pickleball, tennis, and bocce ball. The property is located at 73531 Cabazon Peak Drive, Palm Desert, CA 92260, and may serve as a full-time residence or desert retreat.
Community amenities include golf, pickleball, tennis, and bocce ball. The property is located at 73531 Cabazon Peak Drive, Palm Desert, CA 92260, and may serve as a full-time residence or desert retreat.
Key Highlights
- 1,368 sq. ft. manufactured home
- Situated on the golf course
- Located in the 55+ Palm Desert Greens community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,143
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,860
$442.9K
Cap Rate 7%
$316,329
$316.3K
Cap Rate 9%
$246,033
$246.0K
Market Conditions
NOI Build-Up for 1,368 SF
Gross rent
$41.0K $30.00/SF
− Vacancy
−$780 −$0.57/SF
EGI
$40.3K $29.43/SF
− OpEx
−$18.1K −$13.24/SF
NOI
$22.1K $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%
$442,860
Cap Rate 7%
$316,329
Cap Rate 9%
$246,033
Alternative Uses
Best Use
Apartment 5plus
$316.3K
$276.8K – $369.1K
NOI $22,143 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.8K
$358.6K – $478.1K
NOI $28,688 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
319
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Manufactured home in a 55+ community with golf, pickleball, tennis, and bocce ball amenities.
Where is this residential income property located?
The property is located at 73531 Cabazon Peak Drive Palm Desert, CA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,368 sq. ft. manufactured home; Situated on the golf course; Located in the 55+ Palm Desert Greens community
