72805 Parkview Drive, Palm Desert, California 92260, Palm Desert, 92260 - 0 bed, 0 bath
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Palm Desert, California 92260
Analysis of 72805 Parkview Drive, Palm Desert, California 92260 is currently available with a list price of $9,499,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1989, making it 35 years old. While the description states 'impeccably maintained property with pride of ownership,' the interior images, particularly of the bathrooms, reveal dated styles including laminate countertops, integrated sinks, and older light fixtures, consistent with the property's age and suggesting no extensive recent renovations. The living areas feature carpet and popcorn ceilings, also indicative of an older aesthetic. The MLS analysis explicitly notes that 'core systems (e.g., HVAC, plumbing, electrical) are 35 years old, potentially requiring significant capital expenditures for replacements or upgrades in the near future,' and that 'unit upgrades might be necessary' to capitalize on rental upside. This aligns perfectly with the 'Fair' criteria: built over 20 years ago, maintained through regular upkeep, major components are functional but show signs of being outdated, and requires minor updates or repairs to meet modern standards.
The property is fully occupied with units currently rented below market value, offering immediate potential for increased income upon lease renewals and strategic rent adjustments.
Ideally located in Palm Desert, within walking distance to the College of the Desert, ensuring consistent tenant demand and attracting long-term, reliable residents.
Every unit features central air conditioning and a private 2-car detached garage, highly desirable amenities that enhance tenant satisfaction and retention, especially in the desert climate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4, other record living area = 28236.
Built in 1989, the property's core systems (e.g., HVAC, plumbing, electrical) are 35 years old, potentially requiring significant capital expenditures for replacements or upgrades in the near future.
The instruction 'Do not disturb occupants' restricts comprehensive interior inspections of all units prior to an offer, potentially masking unforeseen maintenance issues or varying unit conditions.
Truly ONE-OF-A-KIND, this 26-unit multifamily community spans 6 distinctive buildings and offers a rare combination of privacy, convenience, and strong rental appeal. This property offers (1) 3 bedroom, 2 bath unit, (20) 2 bedroom, 2 bath units and (5) 2 bedroom, 1 bath units that are ALL BELOW MARKET VALUE. Every unit has central Air Conditioning and its own private 2-car detached garage. 2 car garages are currently included in the rents but could be used for additional rental income. The community has an additional 26 uncovered parking spaces for guest parking. Property is fully occupied with substantial rental upside. The community offers desirable shared features, including a sparkling pool, on-site laundry facilities, and well-maintained grounds. Gas, water, and trash are included, streamlining management and providing added value to residents. Ideally located to all things great in the desert and is in walking distance to the College of the Desert. This property consistently attracts long-term, reliable tenants. With unmatched features and steady tenant demand in a prime location, this is a standout investment opportunity with exceptional long-term potential. Impeccably maintained property with pride of ownership. Do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1989 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 17, 2026
$9,499,000
$9,999,999
-5% Price Drop
Initial Listing
Dec 12, 2025
$9,999,999
Initial Listing