37-Unit Condominium Portfolio
Type: Multifamily
74380 El Camino Palm Desert, CA 92260
Total Number of Units: 37
Year Built: 1963
Sale Price: $8,325,000
Price per Unit: $225,000
Price per Square Foot: $375
CAP Rate: 5.45%
GRM: 10.14
Downpayment: $3,330,000
Net Operating Income: $453,945
Rentable Square Feet: 22,200
Lot Size: 0.25
Unit Type
Studios
No. of Units
37
Le Investment Group proudly presents 74380 El Camino, a prime property featuring 37 individual units, centrally located in the heart of Downtown Palm Desert, just steps away from the renowned El Paseo Drive. This prestigious area, often referred to as the “Beverly Hills” of the desert, has evolved into an upscale shopping district with 150 boutiques, art galleries & restaurants. Surrounded by luxury retail outlets, lush landscaping, and in close proximity to resorts, spas, golf clubs, tennis gardens, fine dining, and nightlife, this property offers an unparalleled opportunity in one of the most sought-after locations in Palm Desert.
