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$715,000

Est. payment - /mo

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9 Beds

8 Baths

3,744 SqFt

New

81 Panorama DR Thermal, CA 92274

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Michelle Tang

michelle@teammichelletang.com +1(702) 875-6424

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $190

Subdivision Salton City

MLS Listing ID 219129043DA

Bedrooms 9

Full Baths 8

Construction Status Additions/Alter, Updated/Remodeled

Year Built 1965

Annual Tax Amount $10,818

Lot Size 0.302 Acres

Property Sub-Type Multi-Family

Property Description

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 UnitTotal Building Area: Approximately 3,744 sq. ft. across three buildingsParking: Uncovered on-site parking availableZoning: 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.

Location

State CA

County Imperial

Area Valerie Jean'S, Oasis, Desert Shores, Salton City

Interior

Heating Other

Cooling Air Conditioning

Flooring Cement

Equipment Range/Oven

Exterior

Parking Features Driveway

Garage Spaces 8.0

View Y/N Yes

View Desert, Hills, Lake, Mountains

Building

Lot Description 2-4 Lots

Story 1

Sewer Unknown

Water In Street, Water District

Level or Stories Ground Level

Construction Status Additions/Alter, Updated/Remodeled

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Wilson-Meade Commercial Real Estate

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+1(702) 875-6424

michelle@teammichelletang.com