
Thermal, California 92274
Analysis of 83 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 1970, this property shows significant deferred maintenance and safety concerns. Interior images reveal visible water damage and potential mold growth at the base of bathroom walls, exposed electrical wiring, and unfinished drywall. While some kitchens and baths have seen low-quality updates, the overall structure requires a comprehensive rehab to address moisture issues and system defects.
The property features a versatile unit mix consisting of a 2-bedroom, a 1-bedroom, and a studio, allowing for multiple revenue sources and reduced vacancy risk.
Proximity to major local employers, casinos, and resorts creates a consistent demand for workforce housing, ensuring a stable tenant base for long-term investment.
The rare opportunity to acquire adjacent income-producing properties provides significant upside for investors looking to scale their portfolio and streamline property management.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 1944.
The property is serviced by only one electric meter for all three units, which complicates utility billing and may lead to higher operational costs for the owner.
Built in 1970, the property may require capital improvements or more frequent maintenance to address aging systems compared to newer developments.
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 | 1970 | - | 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