Technical
Financial
Distress signals
Property profile

40445 Portola Ave Palm Desert, CA 92260

OFF-MARKET
Apartment buildings
Property ID
US09-5203370
214,678 SF 6.43 ac lot Built 2021
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2021
Construction WOOD
Total area 214,678 SF
Lot 6.43 ac (280,090 SF)
APN 622-360-003
UPID US09-5203370

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

40445 Portola Ave Palm Desert, CA 92260-1692
Palm Desert metro Census 44929 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$43.50M
CAP Approach CAP
$53.46M
Comparable Approach Comparable
$43.77M
Blend (final) Blend
$43.50M

Owner & transaction history

since 2025
Last sale
$43.5M
4 recorded transactions
2025
Price N/A
2024
$43.5M
2022
Price N/A
2018
$4.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40445 Portola Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message