81 Panorama Drive, Thermal, CA 92274
Local realty services provided by:ERA North Orange County Real Estate
81 Panorama Drive,Thermal, CA 92274
$715,000
- 9 Beds
- 8 Baths
- 3,744 sq. ft.
- Multi-family
- Active
Listed by:kate rust
Office:wilson-meade commercial real estate
MLS#:219129043
Source:CA_DAMLS
Price summary
- Price:$715,000
- Price per sq. ft.:$190.97
About this home
81 and 83 Panorama Drive is an Investment Opportunity: 8-Unit Multifamily Property in Desert Shores, CA See attached OM for Expenses and Income.
Discover a prime investment opportunity with this 8-unit multifamily property located at 81-83 Panorama Drive in the serene community of Desert Shores, California. Priced at $715,000, this property offers a diverse unit mix and significant income potential, making it an ideal addition to any investor's portfolio.
Unit Mix: 5 Studios, 2 One-Bedroom Units, and 1 Two-Bedroom Unit
Total Building Area: Approximately 3,744 sq. ft. across three buildings
Parking: Uncovered on-site parking available
Zoning: R-1 APNs: 001-071-016 & 001-071-017.
Investment Potential: This property presents a stable rental income with room for growth through lease optimization and value-add improvements. Three units are currently unpermitted, offering the opportunity for additional value through retroactive permitting or redevelopment. Located near State Route 86, the property benefits from high visibility and accessibility, with daily traffic counts of approximately 16,691 vehicles.
Buyer to verify all information. Property sold As-Is. Two units at 83 Panorama Dr. (The Studio Unit #23 and the Standalone Building Unit #24) and One unit at 81 Panorama Drive are unpermitted. It is unknown when or by whom the unpermitted work was done.
*Square Feet: Buyer to verify square footage.
Contact an agent
Home facts
- Year built:1965
- Listing ID #:219129043
- Added:161 day(s) ago
- Updated:October 03, 2025 at 02:42 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:8
- Full bathrooms:8
- Living area:3,744 sq. ft.
Heating and cooling
- Cooling:Air Conditioning
Structure and exterior
- Year built:1965
- Building area:3,744 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:In Street, Water District
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$190.97
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