Palm Desert CA Multi-Family Real Estate, Homes for Sale

5 Beds ⋅ 6 Baths ⋅ 219154297 MLS

Wow! Look no further. An incredible opportunity to own a Palm Desert income generator!! This is a four unit home for sale. Each unit has a full bath and living area. Detached unit can be considered a casita / MIL with separate private entry. An investors paradise or simply make it your own and enjoy this home the way you like it. What a great way to enjoy the 4th of July fireworks at COD park! Close to downtown El Paseo and parks nestled in a quaint and peaceful neighborhood. A must see so make an appointment to check out this home and its infinite potential today!

44510 San Carlos Avenue, Palm Desert

$369,900

2 Beds ⋅ 2 Baths ⋅ 219153981 MLS

** Short Term Vacation Rentals Allowed -Turnkey Furnished condo on the Golf Course with Mountain Views** HIGHLY DESIRED FOREST HILLS FLOORPLAN WITH PANORAMIC MOUNTAIN VIEWS FROM THE PATIO!!! Experience one of the most coveted Golf Course locations in Palm Desert Resort Country Club! Wake up to Fairway and Mountain Views. Perfectly positioned on the 13th Fairway, this exceptional condo captures Breathtaking, Panoramic views of the Golf Course and San Jacinto & Santa Rosa Mountains. From Sunrise to Sunset, the Sweeping Vistas create a truly unforgettable backdrop. This Turnkey Furnished, Forest Hills model is Move-in Ready. Featuring Two Private Master Suites & Two well appointed baths. A stylishly updated kitchen boasts Quartz Slab Countertops, Stainless Steel Appliances & Range Hood, Granite composite sink & Abundant Storage with an interior walk in closet and additional owners closet as well as an exterior storage closet at the carport. Attached Covered Parking Carport parking for 2 cars. Additional upgrades:Quartz bathroom vanities, white oak Luxury vinyl flooring, high-end ceiling fan, Interior Laundry Area complete w/washer/dryer & walk-in closets with built-ins. Thoughtfully updated to create a Comfortable & Inviting Ambiance. Prime End-Unit location with no condos to the front, offering optimal Privacy. Enjoy Desert Resort Living from your gracious Backyard Patio--perfect for Entertaining & Relaxing while watching golfers pass by & soaking in the view. Ideal as a Full-Time Residence, Seasonal Retreat or Short-Term Rental investment, offering incredible value in a Premier Country Club setting.HOA fee $845.00 per month. Resort Amenities include 24-hour Guard-Gated Security, 18-hole Championship Golf Course, Clubhouse w/ restaurant & bar, 20 Pools/Spas, 28 Pickleball courts, 7 Tennis Courts--home to the largest Pickleball Club in the Desert.

40523 Preston Trail, Palm Desert

$7,410,000

IV-26208044 MLS

HIGHLIGHTS: Palm Desert opportunity: 38 of 52 condo units, 73% majority ownership of the entire community, in a highly desirable year-round tourism destination. / 38 fully renovated, furnished and turnkey condos in the heart of Palm Desert, with all FF&E included and approximately $50,000 invested per unit. / Strong day-one cash flow with a 9.00% CAP, plus significant upside to a 13.36% proforma CAP and a per unit basis 15%–30% below nearby condo sales. / Renovated interiors and upgraded major common-area infrastructure, with additional aesthetic repositioning upside and multiple exit strategies through / Prime Palm Desert location near El Paseo, with a $237 proforma ADR and significant peak-season upside driven by major events and year-round tourism. / Fully condo-mapped. $575/Unit/Month HOA dues cover water, internet, common area insurance, exterior maintenance, pool & landscaping. The offering consists of 38 of the 52 condominium units (approximately 73% of the entire project) located at 74380 El Camino in Palm Desert, California. This substantial concentration of ownership represents a unique opportunity to acquire a controlling majority of the units within a single project, providing investors with significant scale and the potential to benefit from future improvements and repositioning of the community. The property is centrally located in Downtown Palm Desert, just steps from El Paseo Drive, the city's premier shopping and entertainment destination. The surrounding area has evolved into an upscale district featuring approximately 150 boutiques, art galleries and restaurants. With its concentration of luxury retailers, landscaped streetscape and proximity to world-class resorts, spas, golf courses, tennis facilities, fine dining and nightlife, El Paseo is often referred to as the “Rodeo Drive of the Desert.” APNS: 625340002, 625340004, 625340007, 625340008, 625340009, 625340010, 625340011, 625340012, 625340013, 625340014, 625340015, 625340016, 625340017, 625340018, 625340021, 625340022, 625340023, 625340024, 625340025, 625340026, 625340027, 625340028, 625340029, 625340030, 625340031, 625350003, 625350004, 625350005, 625350006, 625350007, 625350009, 625350010, 625350011, 625350012, 625350015, 625350017, 625350021

74380 El Camino, Palm Desert

$749,000

PS-26874567 MLS

Excellent investment opportunity in the heart of Palm Desert! This well-located triplex offers three spacious two-bedroom, one-bathroom units, each featuring in-unit laundry hookups, stainless steel appliances, separate utility meters, and dedicated parking. Situated on a quiet residential street just north of Highway 111, the property is conveniently located near the world-class shopping and dining of El Paseo, as well as the vibrant new San Pablo Avenue shopping and dining district, including its popular seasonal weekly farmers market. All three units are currently tenant-occupied and professionally managed, offering an investor the opportunity to acquire a stabilized income-producing property with approximately $59,000 in current annual gross rental income. With separate metering and established tenancy, this property offers an attractive combination of location, functionality, and investment potential in one of Palm Desert's most desirable areas. A great opportunity for investors seeking an income-producing multifamily property with potential for future upside.

44700 Las Palmas Avenue, Palm Desert

$1,485,000

8 Beds ⋅ 6 Baths ⋅ 219150697 MLS

Investor's dream in the heart of Palm Desert! This fully permitted five-unit income property sits on a spacious 0.41-acre lot and offers projected gross rental income of $10,350 per month ($124,200 annually) at full stabilization. Three units are currently leased and generating income, while the property's two highest-value units are vacant and ready for immediate lease-up at market rates. The primary residence is a spacious 2,700 sq. ft. 3-bedroom, 2-bath home featuring an attached two-car garage, private lap pool, in-ground spa, and built-in BBQ, with projected rental income of $3,750 per month. The standout feature is the detached 2-bedroom, 1.5-bath guest house, complete with its own owned solar system that saves approximately $400-$500 per month in electricity costs, with projected rental income of $3,000 per month. Completing the investment are two detached permitted ADUs projected to rent for $1,500 and $1,100 per month, each with its own electric meter, plus an attached permitted casita currently leased at $1,000 per month, with utilities included. Four of the five units have independent electric meters, helping reduce owner expenses. Best of all, there's no HOA. Ideally situated in the heart of Palm Desert, this property is just steps from the world-class dining, shopping, and entertainment along Highway 111 and the iconic El Paseo -- the ''Rodeo Drive of the Desert.'' Tenants enjoy walkable access to upscale boutiques, galleries, cafes, and restaurants, making this one of the most desirable rental locations in the Coachella Valley. Strong tenant demand and low vacancy are a natural result of a location this central. Whether you're completing a 1031 exchange, expanding your Coachella Valley investment portfolio, or looking for a multi-generational property with substantial income potential, 74431 De Anza Way offers a rare combination of immediate cash flow, future upside, and long-term flexibility.

74431 De Anza Way, Palm Desert

$820,000

4 Beds ⋅ 4 Baths ⋅ IV-26146614 MLS

This Property offers 2 spacious units on a 7,405 Square Feet lot both units are 2 Bed 2 Bath with 1,680 Square Feet of living space with washer and dryer hook ups in each unit along with an attached 1 car garage. Both units offer their own spacious private patio. Whether you're looking for an investment property or next gen living this property is great for both. Conveniently located less than one mile to plenty of shopping, restaurants and golfing. Also, located close to the future home of the Disney Vacation Beach Club which offers a beach in the middle of the desert where you can swim, rent a boat and relax. This property is the perfect get away or the perfect place to call home.

73134 Guadalupe, Palm Desert

$1,500,000

PS-26846525 MLS

Successful 4plex in Palm Desert South in the Shadow Mountain area. Each unit is fully rented with long term tenants. Each apartment features 2 bedrooms and 2 bathrooms. There is a fully outfitted kitchen and a nice sized living space. Each unit also has its own washer/dryer. A full sized pool with patio in the back completes the space. there is ample off street parking along with one garage space per unit. This building is in a great location, near restaurants and shopping.

73970 Grapevine Street, Palm Desert

$1,500,000

PS-26846573 MLS

Successful 4plex in Palm Desert South in the Shadow Mountain area. Each unit is fully rented with long term tenants. Each apartment features 2 bedrooms and 2 bathrooms. There is a fully outfitted kitchen and a nice sized living space. Each unit also has its own washer/dryer. A full sized pool with patio in the back completes the space. there is ample off street parking along with one garage space per unit. This building is in a great location, near restaurants and shopping.

73950 Grapevine Street, Palm Desert

$799,950

4 Beds ⋅ 4 Baths ⋅ 219148976 MLS

One of a kind South Palm Desert income property / Duplex! | Live in one unit and rent the other | Both are 2 bed 2 full bath units with large 2 -car garages. | Laundry in each unit ( garage ) | Located on quiet cul-de-sac in South Palm Desert and within Washington Charter School district | Beautiful private back yard with shared pool and down valley views | Entire property is in need of TLC - priced accordingly and incredible upside | Solar for both pool and the 2 units ( status / functionality unknown)

46420 Ryway Place 1 & 2, Palm Desert

$865,000

2 Beds ⋅ 3 Baths ⋅ 219140259 MLS

A unique opportunity a newly constructed modern income producing Duplex in the heart of Palm Desert. This modern duplex was built in 2024. The duplex features 2 total units. Unit 1 - 1 bedroom and 1 bathroom. Unit 2 - 1 bedroom and 1.5 bathrooms. Total size of property is 2,329 SF. The property also features a full pool and spa. Nice grass yard space for pets. Each unit features an open floor plan with modern fit and finishes such as - smooth drywall, high ceilings, recessed HVAC vents, large format tile, LED lighting, spa inspired bathrooms. Each unit has washer and dryer hook ups. This property is ideal for an investor that wants to rent out both units. Or also a nice set up for someone who wants to live in one unit and rent out the other unit to bring in rental income. Plenty of parking in the front oversized driveway, with shade. Property is in close proximity to El Paseo, retail, and entertainment. Please call to schedule a private showing.

44393 Lingo Lane, Palm Desert

$1,338,000

NP-24245123 MLS

Location, Location, Location.. you have heard it before but imagine owning a turnkey, swanky property just 1 block off of the infamous El Paseo in Palm Desert. Picture yourself going to dinner, happy hour with friends, shopping till you drop and being only 1 block away from your incredible home. Completely remodeled and offered turnkey furnished, this 3 BR | 2 BA home with a private pool and spa is just what you need to rejuvenate. Keep it all to yourself or take advantage of short term rental income with a transferable permit. The Great Room concept is perfect for entertaining offering sliding glass doors that open to a very private back yard with a sparkling pool, spa, bbq and plenty of space to relax. A large primary suite with vintage tiles in the ensuite take you back to old Palm Springs. Two additional bedrooms and another bathroom complete the home. Newer AC, pool heater, pool equipment and water heater allows you to have comfort knowing the big ticket items are taken care of. Sold turnkey furnished. Come see it for yourself!

45475 San Luis Rey Avenue, Palm Desert

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