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Palm Desert, CA Short Term Rental Properties for Sale

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Palm Desert Condominium Package Deal
Updated: Oct 3, 2024
Palm Desert Condominium Package Deal

74380 El Camino #2, Palm Desert, CA 92260

$6,845,000
22,200 sqft 0.25 AC lot
Significant price reduction of $2,105,000 on the package deal.
Units priced well below market at $185,000 each, offering a potential upside of $65,000 per unit or $2,405,000 total.
Grandfathered status allows existing short‑term rentals (STRs) to continue operating without restrictions.
Pro Forma CAP rate of 14.35% with potential for long‑term rentals, short‑term Airbnb, or hotel project.
Prime location steps from El Paseo Drive, Palm Desert's premier shopping and dining district.
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Furnished Short-Term Rental Condo
Updated: Apr 12
Furnished Short-Term Rental Condo

76746 Daffodil Cir, Palm Desert, CA 92211

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Fully furnished condominium with 2 bedrooms and 2 full bathrooms
Living room and patio views of the Championship 18th hole
Open‑concept kitchen with updated appliances
Updated HVAC plus in‑unit washer and dryer
Palm Valley Country Club offers 46 pools, golf courses, clubhouse, dining, gym, and spa
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Condominium Short-Term Rental Investment
Condominium Short-Term Rental Investment

2-74380 El Camino, Palm Desert, CA 92260

$6,845,000

Updated condo units built for long- and short-term occupancy with a structure that supports continued STR operations.

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See what stands out in Riverside County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Palm Desert, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Remodeled Triplex with Heated Pool
Remodeled Triplex with Heated Pool

502 Calle Santa Rosa South, Palm Springs, CA 92264

$899,000
1,700 sqft

Three-unit property with updated interiors, shared outdoor space, and R2 zoning.

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Short-Term Rental Property with ADU
Short-Term Rental Property with ADU

56564 Nelson Ave, Yucca Valley, CA 92284

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1,326 sqft 5.00 AC lot

Airbnb-oriented retreat with a separate guest unit, outdoor entertaining space, and natural surroundings near Yucca Valley.

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High-Income Airbnb with Mountain Views
High-Income Airbnb with Mountain Views

58810 Barron Dr, Yucca Valley, CA 92284

$599,000

Fully booked, remodeled 4-bedroom home with resort-style backyard.

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Mid-Century Modern Retreat in Palm Springs
Mid-Century Modern Retreat in Palm Springs

2499 S Palm Canyon, Palm Springs, CA 92264

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0.41 AC lot

Furnished desert escape with mountain views and resort vibes.

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Palm Desert, CA Short Term Rental Properties Market Trends and Statistics

Explore 3 short term rental properties for sale in Palm Desert, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 22,200 square feet of properties for sale, with an estimated market value of $13,690,000.

Sale prices for short term rental properties in Palm Desert, CA average $6,845,000 — 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

Mobile home & RV parks 14
Apartment buildings 5
Quadplexes 3
Short term rental properties 3
Duplexes 1

Demographics Overview

Population 63K
Population Growth (5Y) -2.2%
Median Household Income $84,567
College Educated 40.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
92260 $6.8M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $9.41 per SF
Tax Rate vs County Average 0.14 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)

Property Size Breakdown

The majority of commercial real estate listings in Palm Desert fall within the 25,000 to 50,000 square foot range.

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