81 Panorama Drive
Thermal, CA, 92274
$715,000
Beds
0 Baths
SqFt
0.3 Acres
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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.

Property Details

Price:
$715,000
MLS #:
219129043DA
Status:
Active
Baths:
0
Address:
81 Panorama Drive
Type:
Residential Income
Subdivision:
Salton City
Neighborhood:
317valeriejeansoasisdesertshoressalton
City:
Thermal
Listed Date:
Apr 24, 2025
State:
CA
ZIP:
92274
Lot Size:
13,151 sqft / 0.30 acres (approx)
Year Built:
1965
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Interior

Appliances
Gas Range, Electric Water Heater
Flooring
Concrete

Exterior

Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway
Parking Spots
8.00
Sewer
Unknown
Stories Total
1
View
Desert, Mountain(s), Hills

Financial

Association Fee
0.00
Taxes
$10,818
Tenant Pays
Cable T V

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81 Panorama Drive
Thermal, CA