The median home value in Palm Desert, CA is $585,000.
This is
higher than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Palm Desert, CA is $585,000.
Approximately 42% of Palm Desert homes are owned,
compared to 21% rented, while
37% are vacant.
Palm Desert real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Palm Desert real estate agent to arrange a tour today!
Learn more about Palm Desert.
Currently 87.3% leased, One El Paseo Plaza is a dynamic, Class A office/restaurant complex totaling 86,835 net rentable square feet. The Property consists of two two-story buildings and an adjacent restaurant pavilion that creates a high-image campus in a premier business setting with the highest quality in design, appeal and function. Features include modern architectural designs, striking granite lobbies and interior finishes, flexible floor plates, and abundant parking ratios of 3.5/1,000 square feet including highly-coveted assigned and covered parking. The Property's institutional-quality construction and design combines with an amenity-rich location to create a sought-after, trophy project. One El Paseo Plaza provides an investor with the opportunity to assume two (2) existing loans on the property totaling $16,429,520 ($3,029,520 loan at 5.27% and $13,400,000 loan at 6.69%).
Leased investment being sold for lot value. Building . currently set up with retail/office/service businesses. Total of 7 suites, with 3 tenants occupying 5 of these suites( 2 are vacant), and currently generating total of $3700/month. 2 suites on the street, others are in courtyard type setting. 2 bathrooms. Huge rear parking lot with 14+ parking spots. Same owners for 20+ years realize there is a lot of deferred maintenance, and have priced this accordingly. All current tenants are on month-to-month or their lease is up June of this year. Great for an owner user, looking to develop in the future -If fully leased, this would perform at approx. a 6 CAP with new taxes, insurance , etc.
Introducing a newly renovated industrial condominium that offers the perfect blend of functionality and style, ideal for a range of professional and mixed-use purposes. This 2,134 sqft space is thoughtfully designed to accommodate your business needs, whether you're looking for office space, storage, or a warehouse.The front of the unit features two private offices, complemented by a spacious open office that can serve as a welcoming reception space for clients and guests. Just off the main area is a well-equipped kitchenette, providing convenient cabinet space and an area to relax during lunchtime.Towards the back, you'll find a versatile warehouse space that can serve as a storage area or a mechanic's dream - ideal for light industrial use, equipment storage, or any number of warehouse needs.This condominium is strategically located near Acrisure Arena, with nearby shops, restaurants, and easy access to major roads and freeway, ensuring you and your team are well-connected. Whether for professional office use, light industrial needs, or a mix of both, this condominium offers the space, convenience, and location you need to thrive.
HUGE $625,000 PRICE REDUCTION. Seller will consider selling the condominiums individually. 37 condominium units available in a community of 56 total units. HIGHLIGHTS: Boasts an impressive ProForma CAP rate of 14.33%, reflecting potential of operating complex as a short-term Airbnb or hotel project. / This property is grandfathered, allowing existing short-term rentals (STRs) to continue operating despite location or exceeding the 20% cap. / Updated Units - Walking distance from renowned El Paseo Shopping District & fine dining. / The Palm Desert area is a premier year-round destination, attracting travelers from around the world. / Twenty Two (22) condominium units priced at $5,200,000 / $236,364/unit. & Fifteen (15) condominium units priced at $3,750,000 / $250,000/unit. / Units are currently vacant. Property is fully condo mapped. Updated Interiors / Updated ExteriorsThe offering is located at 74380 El Camino, Palm Desert, CA. The property is centrally located in Downtown Palm Desert, just steps from El Paseo Drive, Palm Desert's main shopping street. The area surrounding the property has evolved into an upscale shopping district, featuring 150 boutiques, art galleries and restaurants. El Paseo, with its concentration of luxury retail outlets, its lush landscaping and its proximity to resorts, spas, golf clubs, tennis gardens, fine dining and nightlife entertainment, is often considered the Beverly Hills of the desert community. Palm Desert is a city in the county of Riverside, California, niched in the Coachella Valley and located approximately 14 miles East of Palm Springs and 122 miles East of Los Angeles. The population is constantly growing, going from 41,155 to 48,445 inhabitants, according to censuses conducted in 2000 and 2010. The Palm Desert neighborhood is considered upper-middle class, presenting, according to current income analyses, an above average income, 63.8% higher than the neighborhoods in America. 40.1% of the active population is employed in sales and services, from majorsales accounts to the fast food service industry while 36.5% holds managerial and office positions.
Well located two-story professional building on nearly an acre. Elevator served. This is an exceptional opportunity, ideal for law firm, medical, professional, or mixed-use uses within an ideal urban environment. Nearby many prominent shopping, dining, and entertainment district (Saks, Mastro's, Apple, Gucci, and many more). High traffic volumes of approx. 30,000 cars per day. Abundant free customer parking. Frontage access on both Highway 111 and El Paseo. In Downtown District allowing mixed-use and multi-story projects.
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