74380 El Camino, Palm Desert, CA 92260
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
74380 El Camino,Palm Desert, CA 92260
$7,410,000
- 1 Beds
- 1 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: albert le
Office: le investment group
MLS#:IV26208044
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,410,000
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 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 resta...
Contact an agent
Home facts
- Subdivision & Development:International Lodge (32316)
- Listing ID #:IV26208044
- Added:50 day(s) ago
- Updated:November 13, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$7,410,000
New listings near 74380 El Camino
- Coming Soon
$529,789Coming Soon3 beds 2 baths1,302 sq. ft.43510 Joshua, Palm Desert, CA 92260
MLS# SR26241830Listed by: LUXURY COLLECTIVE - Coming Soon
$589,000Coming Soon2 beds 2 baths1,418 sq. ft.41 Verde Way, Palm Desert, CA 92260
MLS# 219155771DAListed by: COMPASS - Coming SoonOpen Sat, 12:30 to 3:30pm
$810,000Coming Soon2 beds 4 baths2,184 sq. ft.202 Green Mountain Drive, Palm Desert, CA 92211
MLS# 219155728DAListed by: CARTER & COMPANY - Coming Soon
$364,000Coming Soon2 beds 2 baths1,457 sq. ft.45314 Driftwood Drive S, Palm Desert, CA 92260
MLS# 219155701DAListed by: HOMESMART - Coming Soon
$799,000Coming Soon3 beds 2 baths1,500 sq. ft.73477 Sun Lane, Palm Desert, CA 92260
MLS# 219155481DAListed by: COMPASS - Coming Soon
$455,000Coming Soon2 beds 2 baths1,064 sq. ft.42935 Delaware Street, Palm Desert, CA 92211
MLS# 219155294DAListed by: EXP REALTY OF CALIFORNIA, INC. - New
$574,400Active3 beds 2 baths1,409 sq. ft.72821 Pitahaya Street, Palm Desert, CA 92260
MLS# 219155995DAListed by: COMPASS - New
$649,000Active2 beds 2 baths2,142 sq. ft.35811 Calloway Lane, Palm Desert, CA 92211
MLS# CL26107901Listed by: COMPASS - New
$749,999Active2 beds 3 baths2,415 sq. ft.37946 Signal Court, Palm Desert, CA 92211
MLS# CL26107990PSListed by: REAL BROKERAGE TECHNOLOGIES - New
$749,000Active3 beds 2 baths2,025 sq. ft.73554 Terraza Drive, Palm Desert, CA 92260
MLS# 219155986Listed by: BENNION DEVILLE HOMES