81 Panorama, Thermal, California 92274, Thermal, 92274 - 6 bed, 5 bath
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Thermal, California 92274
Analysis of 81 Panorama, Thermal, California 92274 is currently available with a list price of $325,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Thermal Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1965, this property is nearly 60 years old and shows significant signs of age and wear. While currently functional as an income-producing asset, the kitchens and bathrooms feature dated cabinetry and appliances, and the interior flooring appears unfinished or in need of immediate replacement. The overall condition suggests a need for substantial rehabilitation to address long-term maintenance and modernization.
The property offers a versatile unit mix including studios, 1-bedroom, and 2-bedroom units, allowing for multiple revenue streams and high occupancy across various tenant profiles.
Proximity to major local employers, casinos, and resorts creates a high demand for employee housing, ensuring a stable and consistent rental market for investors.
The rare inclusion of two adjacent income-producing properties provides a unique chance to acquire a significant footprint and scale a portfolio quickly in a single transaction.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6038, other record living area = 3744. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 9.
With a construction date of 1965, the property may require significant capital improvements or ongoing maintenance to modernize systems and remain competitive.
One of the properties operates on a single electric meter for three units, which complicates utility billing and can lead to higher overhead costs for the owner.
Rare Multi-Property Investment Opportunity – 2 Adjacent Income-Producing Properties Near Salton Sea! Don’t miss this unique opportunity to acquire two side-by-side income properties offering strong cash flow and long-term upside. 81 Panorama Dr features 4 studio units plus a 2-bedroom, 1-bath unit, totaling 6 bedrooms, along with 4 separate electric meters. 83 Panorama Dr includes one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, and one studio unit, serviced by 1 electric meter. Combined, this portfolio delivers a diverse unit mix ideal for maximizing occupancy and rental income across multiple tenant profiles. Located near the Salton Sea, a well-known tourist destination, and within close proximity to casinos, golf courses, and major local employers, these properties are perfectly positioned for employee housing and long-term rentals. High demand from workers in nearby hospitality, service, and resort industries makes this an attractive and stable income investment. Ideal for investors looking to scale their portfolio with a multi-property acquisition, or for owner-users seeking to live in one unit while generating income from the rest. Opportunities like this—two adjacent, income-producing properties—are rare. Don’t miss out!
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 | 1965 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 23, 2026
$325,000
$350,000
-7% Price Drop
Initial Listing
Apr 22, 2026
$350,000
Initial Listing
Apr 4, 2014
$70,000
Public Record