74380 El Camino, Palm Desert, CA 92260

Palm Desert
Local realty services provided by:ERA Carlile Realty Group
74380 El Camino,Palm Desert, CA 92260
$7,410,000
  • - Beds
  • - Baths
  • 600 sq. ft.
  • Multi-family
  • Active
Listed by: albert le
Office: le investment group909-256-7889
MLS#:IV26208044
Source:CRMLS

Price summary

  • Price:$7,410,000
  • Price per sq. ft.:$12,350

About this home

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...

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Home facts

  • Year built:1963
  • Subdivision & Development:International Lodge (32316)
  • Listing ID #:IV26208044
  • Added:34 day(s) ago
  • Updated:October 28, 2026 at 12:01 PM

Rooms and interior

  • Living area:600 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1963
  • Building area:600 sq. ft.
  • Lot area:0.01 Acres
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,410,000
  • Price per sq. ft.:$12,350

Features and amenities

  • Pool features:Association

Parking

  • Parking description:Assigned
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