74380 El Camino
Palm Desert, CA 92260
Listing broker / agent: LE INVESTMENT GROUP · ALBERT LE · 909-256-7889 · CRMLS
MLS # IV26208044 · Last checked Nov 14, 2026 20:08 UTC
About this property
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 project) located at 74380 El Camino in Palm Desert, California. This substantial concentration of ownership represents a unique opportunity to acquire a controlling majority of the units within a single project, providing investors with significant scale and the potential to benefit from future improvements and repositioning of the community. The property is centrally located in Downtown Palm Desert, just steps from El Paseo Drive, the city's premier shopping and entertainment destination. The surrounding area has evolved into an upscale district featuring approximately 150 boutiques, art galleries and restaurants. With its concentration of luxury retailers, landscaped streetscape and proximity to world-class resorts, spas, golf courses, tennis facilities, fine dining and nightlife, El Paseo is often referred to as the “Rodeo Drive of the Desert.” APNS: 625340002, 625340004, 625340007, 625340008, 625340009, 625340010, 625340011, 625340012, 625340013, 625340014, 625340015, 625340016, 625340017, 625340018, 625340021, 625340022, 625340023, 625340024, 625340025, 625340026, 625340027, 625340028, 625340029, 625340030, 625340031, 625350003, 625350004, 625350005, 625350006, 625350007, 625350009, 625350010, 625350011, 625350012, 625350015, 625350017, 625350021
Property details
- MLS number
- IV26208044
- Status
- Active
- Type
- Residential Income
- Subtype
- Condominium
- Lot size
- 0.0118 acres
- County
- Riverside
- Year built
- 1963
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 1963
- Year built source
- Assessor
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
Rooms & interior
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Parking
- Assigned
- Pool
- Association
- Spa
- Association
- Lot features
- Sixteen To Twenty Units Acre
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Urban
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| George Washington Charter (school website, opens in a new tab) Desert Sands Unified · Palm Desert | K–5 | 0.4 mi |
| Palm Desert Charter Middle (school website, opens in a new tab) Desert Sands Unified · Palm Desert | 6–8 | 1.0 mi |
| Abraham Lincoln Elementary (school website, opens in a new tab) Desert Sands Unified · Palm Desert | K–5 | 1.0 mi |
| Palm Desert High (school website, opens in a new tab) Desert Sands Unified · Palm Desert | Not reported | 1.1 mi |
| Altus Schools Coachella Valley (school website, opens in a new tab) Riverside County Office of Education · Palm Desert | 7–12 | 1.5 mi |
| James Earl Carter Elementary (school website, opens in a new tab) Desert Sands Unified · Palm Desert | K–5 | 1.8 mi |
| Gerald R. Ford Elementary (school website, opens in a new tab) Desert Sands Unified · Indian Wells | K–5 | 3.2 mi |
| Rancho Mirage Elementary (school website, opens in a new tab) Palm Springs Unified · Rancho Mirage | K–5 | 3.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $7,410,000
- MLS-reported original asking price
- $7,410,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:59 | $7,410,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Palm Desert
Active residential homes for sale in Palm Desert, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
169 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:21 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗