81 Panorama Drive
Thermal, CA 92274
- – beds
- – baths
- – sqft
- 13,151 sqft lot
- 1965 build
- – on site
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.
Last checked:
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Last updated Apr 25, 2025
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MLS# 219129043DA —
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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New Construction:No
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Total Number Of Units:8
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# of Buildings:3
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Stories Total:1
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# of Separate Gas Meters:2
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# of Separate Water Meters:2
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# of Separate Electric Meters:2
Interior
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Flooring:Concrete
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Room Type:Living Room
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Fireplace:No
Location
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Directions:From I-10 in the Coachella Valley-Head East. Stay to your right to merge onto CA-86 South. Follow to Desert Shore Drive, Turn Left on Palo Verde Dr. Property is located on the corner-2 units-sign will be on the corner.
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Latitude:33.40723500
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Longitude:-116.03960300
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Lot Features:2-5 Units/Acre
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Lot Size Area:13151.0000
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Lot Size Acres:0.3019
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Lot Size SqFt:13151.00
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Lot Size Source:Assessor
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View:1
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View:Desert, Mountain(s), Hills
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:10818.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:001071016000
Heating & Cooling
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Heating:1
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Cooling:Yes
Utilities
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Sewer:Unknown
Appliances
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Appliances:Gas Range, Electric Water Heater
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Included:Yes
The Community
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Subdivision:Salton City
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Subdivision:Salton City
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Senior Community:No
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Private Pool:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:8.00
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Uncovered Spaces:8.00
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
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Listed / Active | CRMLS_CA | $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 |