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    Thermal, CA Multifamily Properties for Sale

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    Remodeled Thermal Fourplex: Value-Add Opportunity
    Updated: Jan 28
    Remodeled Thermal Fourplex: Value-Add Opportunity

    2542 Sea View Drive, Thermal, CA 92274

    $585,000
    2,664 sqft 0.31 AC lot
    Fully Remodeled in 2022: Featuring new windows, plumbing, roof, electrical, flooring, and paint.
    Value‑Add Opportunity: Benefit from two vacant units ready for immediate market rent adjustments.
    Two Separate Buildings: Unique layout offering versatile multifamily setup.
    Strong Income Potential: Combination of current income and potential from vacant units.
    In‑Unit Washer and Dryer: Enhances tenant appeal and functionality.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 1 Active listings in Thermal, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Calipatria Four-Unit Multifamily Property
    Calipatria Four-Unit Multifamily Property

    316 W Barbara St, Calipatria, CA 92233

    $425,000
    2,860 sqft 0.21 AC lot

    Four-unit property in Imperial County's growing area, ideal for investors.

    View details
    Borrego Springs Multifamily Investment Property
    Borrego Springs Multifamily Investment Property

    2701 Double O Rd, Borrego Springs, CA 92004

    $325,000
    1,688 sqft

    Multifamily property with long-term renters, close to town.

    View details
    Calipatria Residential Income Property
    Calipatria Residential Income Property

    146 W Alamo St, Calipatria, CA 92233

    $895,000
    6,400 sqft 0.34 AC lot

    Residential income property with long-term tenants in Calipatria, CA.

    View details
    Borrego Springs Investment Property
    Borrego Springs Investment Property

    2701 Double O Rd, Borrego Springs, CA 92004

    $325,000

    Duplex with long-term renters near town in Borrego Springs.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Thermal, California
    Land in Thermal, California

    1226 Barbara Ave, Thermal, CA 92274

    Contact for pricing
    0.23 AC lot

    Residential land for sale in Thermal, priced to sell.

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    RV Lot in 55+ Community
    RV Lot in 55+ Community

    84136 Ave 44, Unit 235, Indio, CA 92203

    $54,000
    2,178 sqft 0.05 AC lot

    RV lot in a gated 55+ resort community.

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    Zoned MLBT Land Parcel
    Zoned MLBT Land Parcel

    32060 Oakland, Thousand Palms, CA 92276

    $49,999
    0.09 AC lot

    Small for-sale land parcel in Thousand Palms, CA, zoned MLBT and suitable for buyers seeking light commercial use.

    View details
    Lakefront Vacant Lot Opportunity
    Lakefront Vacant Lot Opportunity

    35109 Highway 79 Spc 71, Warner Springs, CA 92086

    $115,000
    0.12 AC lot

    Lakefront lot in a 55+ community with utilities connected and architectural plans to support immediate home design.

    View details

    Off-Market Properties in Thermal, CA

    Consider similar Off-Market properties in Thermal, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3100 State Hwy 86th K Spc K
    MOBILE HOME PARK, TRAILER PARK

    3100 State Hwy 86th K Spc K, Thermal, CA 92274-8444

    $700,000
    Estimated value
    8.60 AC lot
    View details
    56335 Grapefruit Blvd
    MOBILE HOME PARK, TRAILER PARK

    56335 Grapefruit Blvd, Thermal, CA 92274-8810

    $2,500,000
    Estimated value
    680 sqft 0.97 AC lot
    View details
    56347 Railroad Ave
    MOBILE HOME PARK, TRAILER PARK

    56347 Railroad Ave, Thermal, CA 92274

    $2,500,000
    Estimated value
    800 sqft 1.15 AC lot
    View details
    54596 Shady Ln
    MOBILE HOME PARK, TRAILER PARK

    54596 Shady Ln, Thermal, CA 92274-8724

    Value Estimation by Request
    1,818 sqft 4.85 AC lot
    View details
    84950 Echols Rd
    MOBILE HOME PARK, TRAILER PARK

    84950 Echols Rd, Thermal, CA 92274-9776

    Value Estimation by Request
    926 sqft 10.00 AC lot
    View details
    88041 Airport Blvd
    MOBILE HOME PARK, TRAILER PARK

    88041 Airport Blvd, Thermal, CA 92274-9598

    Value Estimation by Request
    560 sqft 18.99 AC lot
    View details
    56750 Polk St
    APARTMENT HOUSE (5+ UNITS)

    56750 Polk St, Thermal, CA 92274

    Value Estimation by Request
    1.48 AC lot
    View details
    56750 Polk St
    APARTMENT HOUSE (5+ UNITS)

    56750 Polk St, Thermal, CA 92274

    Value Estimation by Request
    1.81 AC lot
    View details
    56690 Polk St
    APARTMENT HOUSE (5+ UNITS)

    56690 Polk St, Thermal, CA 92274-9597

    Value Estimation by Request
    3.20 AC lot
    View details
    336 Seaview Dr, Unit 242
    MOBILE HOME PARK, TRAILER PARK

    336 Seaview Dr, Thermal, CA 92274

    Unit 242
    Value Estimation by Request
    28.48 AC lot
    View details
    87135 Kokell Ave
    APARTMENT HOUSE (5+ UNITS)

    87135 Kokell Ave, Thermal, CA 92274

    Value Estimation by Request
    1,811 sqft 0.57 AC lot
    View details
    90123 81st Ave
    MOBILE HOME PARK, TRAILER PARK

    90123 81st Ave, Thermal, CA 92274-8602

    Value Estimation by Request
    20.48 AC lot
    View details
    115 Desert Shrs Dr
    MOBILE HOME PARK, TRAILER PARK

    115 Desert Shrs Dr, Thermal, CA 92274-6325

    Value Estimation by Request
    3.78 AC lot
    View details
    87629 Airport Blvd
    MOBILE HOME PARK, TRAILER PARK

    87629 Airport Blvd, Thermal, CA 92274-7400

    Value Estimation by Request
    120 sqft 1.65 AC lot
    View details
    91200 63rd Ave
    APARTMENT HOUSE (5+ UNITS)

    91200 63rd Ave, Thermal, CA 92274

    Value Estimation by Request
    2.30 AC lot
    View details
    82073 Airport Blvd
    APARTMENT HOUSE (5+ UNITS)

    82073 Airport Blvd, Thermal, CA 92274-9661

    Value Estimation by Request
    1,330 sqft 4.58 AC lot
    View details
    54540 Shady Ln
    MOBILE HOME PARK, TRAILER PARK

    54540 Shady Ln, Thermal, CA 92274-9489

    Value Estimation by Request
    2,120 sqft 5.00 AC lot
    View details
    68555 Polk St
    MOBILE HOME PARK, TRAILER PARK

    68555 Polk St, Thermal, CA 92274-9074

    $1,720,000
    Estimated value
    6,309 sqft 67.55 AC lot
    View details
    68990 Polk St
    MOBILE HOME PARK, TRAILER PARK

    68990 Polk St, Thermal, CA 92274

    Value Estimation by Request
    10.16 AC lot
    View details
    63950 Lincoln St
    MOBILE HOME PARK, TRAILER PARK

    63950 Lincoln St, Thermal, CA 92274

    Value Estimation by Request
    8.82 AC lot
    View details
    Thermal, CA 92274
    APARTMENT HOUSE (5+ UNITS)

    Thermal, CA 92274

    $1,170,000
    Estimated value
    3,626 sqft 9.54 AC lot
    View details

    Thermal, CA Multifamily Properties Market Trends and Statistics

    Explore 22 multifamily properties for sale in Thermal, CA on our real estate platform. These investment opportunities span a total of 2,664 square feet of properties for sale, with an estimated market value of $585,000.

    Sale prices for multifamily properties in Thermal, CA start at $585,000, averaging $585,000, and reaching up to $585,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +18.5%
    Median Household Income $36,056
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

    Identify Thermal submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92274 $585K

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $37.71 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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