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81 Panorama Drive, 
Thermal, CA 92274

$715,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Kate Rust

Wilson-Meade Commercial Real Estate

760-837-1880

Last updated:

May 15, 2025, 01:00 PM

MLS#

219129043DA

Source:

CRMLS

About This Home

81 Panorama Drive

81 and 83 Panorama Drive is an Investment Opportunity: 8-Unit Multifamily Property in Desert Shores, CA See attached OM for Expenses and Income.Discover a prime investment opportunity with this 8-unit multifamily property located at 81-83 Panorama Drive in the serene community of Desert Shores, California. Priced at $715,000, this property offers a diverse unit mix and significant income potential, making it an ideal addition to any investor's portfolio.Unit Mix: 5 Studios, 2 One-Bedroom Units, and 1 Two-Bedroom UnitTotal Building Area: Approximately 3,744 sq. ft. across three buildingsParking: Uncovered on-site parking availableZoning: R-1 APNs: 001-071-016 & 001-071-017.Investment Potential: This property presents a stable rental income with room for growth through lease optimization and value-add improvements. Three units are currently unpermitted, offering the opportunity for additional value through retroactive permitting or redevelopment. Located near State Route 86, the property benefits from high visibility and accessibility, with daily traffic counts of approximately 16,691 vehicles.Buyer to verify all information. Property sold As-Is. Two units at 83 Panorama Dr. (The Studio Unit #23 and the Standalone Building Unit #24) and One unit at 81 Panorama Drive are unpermitted. It is unknown when or by whom the unpermitted work was done.*Square Feet: Buyer to verify square footage.

Home Facts

Multi-Family

Built in 1965

Price Summary

715,000

MLS #:

219129043DA

Last Updated:

May 15, 2025, 01:00 PM

Added:

a month ago


Structure

Structure

Year Built:

1965


Lot

Lot Size (Sq. Ft):

13,150


Finances & Disclosures

Finances

Price:

$715,000

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Associated Brokers is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Associated Brokers, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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