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Property profile

74401 Hovley E Ln Palm Desert, CA 92260

OFF-MARKET
Apartment buildings
Property ID
US09-3224372
302,092 SF 17.64 ac lot Built 2003
Last sale Mar 2001 · $3,060,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$712k
Tax billed · 2024
Assessed value$47.36M
Assessed land$6.64M
Assessed improvement$40.72M
Effective rate1.50%

Value estimate

· Oct 2026
$61.37M
$55.23M – $67.50M
CAP approach$75.23M
Submarket $/SF estimate$38.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$630/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$213 – $1,206

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OS
Minimum 40 percent common open space/recreation area; e. Front project setback adjacent to public street of 25 feet with combination of 6...
General categoryCIVIC_INSTITUTIONAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.6
Parking Facility12.3
Hair Salon11.4

Location

74401 Hovley E Ln Palm Desert, CA 92260-1702
County assessor Recorded deeds · 15 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40445 Portola, Palm Desert, CA 92260-1692 $43,500,000 Dec 2024 214,678 SF
45278 Deep Cyn, Palm Desert, CA 92260-4580 $14,000,000 May 2024 12,621 SF
73435 San Gorgonio, Palm Desert, CA 92260-3565 $2,200,000 Dec 2023 8,360 SF
74460 Alessandro, Palm Desert, CA 92260-3768 $1,577,500 Nov 2023 12,659 SF
73355 Guadalupe, Palm Desert, CA 92260-2821 $1,212,500 Nov 2023 9,140 SF
73880 Shadow Mtn, Palm Desert, CA 92260-4823 $3,000,000 Jan 2022 14,210 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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