81 Panorama Drive
Thermal, CA 92274
- 9 beds
- 8 baths
- 3,744 sqft
- $190 per sqft
- 1965 build
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.
Last checked:
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Last updated Apr 25, 2025
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MLS# 219129043 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1965
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Year Established:None
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Year Built Source:None
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New Construction:false
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Builder Name:None
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Builder Model:None
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Building Area Total:3744.0
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Building Area Source:None
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# of Buildings:None
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# of Units Total:None
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Unit Number:None
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Building Name:None
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Building Features:None
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Stories:None
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Stories Total:1
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Levels:Ground
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Door Features:None
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Basement:None
Interior
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Rooms Total:None
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Furnished:None
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Flooring:Concrete
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Fireplace:false
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Dining Area:true
Room Dimensions
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Living Area:3744.0
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Living Area Source:None
Location
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Directions:None
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Cross Street:Palo Verde Drive
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Ground Level:true
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Latitude:33.407235
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Longitude:-116.039603
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Property Condition:Additions/Alterations, Updated/Remodeled
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Topography:None
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Lot Size Area:13151.0
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Lot Dimensions Source:None
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Lot Size Source:Assessor
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Current Use:None
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Possible Use:None
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View:Desert, Hills, Lake, Mountain(s)
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View:true
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Additional Parcels:No
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Property Attached:No
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Water Body Name:None
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Waterfront:No
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View:Yes
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Fencing:None
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Road Frontage Type:None
Listing Agent
- Contact info:
- Agent phone:
- (760) 409-1532
- Office phone:
- (760) 837-1880
Taxes
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Tax Annual Amount:10818.0
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Tax Legal Description:None
Beds
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Bedrooms Total:9
Baths
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Total Baths:8.0
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Total Baths:8
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Full Baths:8
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Partial Baths:None
The Listing
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Disclosures:None
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Possession:Close Of Escrow
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Home Warranty:No
Heating & Cooling
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Heating:Other
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Heating:true
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Cooling:Air Conditioning
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Cooling:true
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Cooling Type -Air Conditioning:true
Utilities
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Water Source:In Street, Water District
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Sewer:Unknown
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Sewer:true
Appliances
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Appliances:Gas Range
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Gas Range:true
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Water Heater -Electric:true
Schools
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Elementary School:None
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Elementary School District:None
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Middle Or Junior School:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:Salton City
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Gated Community:No
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Senior Community:false
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Senior Community:No
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Spa:false
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Pool:No
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Pool Private:false
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Pets Allowed:None
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Association:None
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Association Name:None
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Association Fee:None
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Association Fee Frequency:None
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Cap Rate:None
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# of Units In Community:None
Parking
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Attached Garage:None
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Covered Spaces:None
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Parking Total:8.0
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Parking Features:Driveway, Total Uncovered/Assigned Spaces
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Open Parking Spaces:None
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Total Uncovered Assigned Spaces:8.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/24/25
Apr 24, 2025
|
Listed / Active | DAMLS | $715,000 | |
3/27/21
Mar 27, 2021
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Listed / Active | DAMLS | ||
2/12/20
Feb 12, 2020
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Listed / Active | CRMLS_CA |