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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.
Property Type(s):
Residential Income
| Last Updated | 4/24/2025 | Tract | Salton City |
|---|---|---|---|
| Year Built | 1965 | Community | Valerie Jean's, Oasis, Desert Shores, Salton |
| County | Imperial |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Electric Water Heater, Gas Range |
| AREA | Valerie Jean's, Oasis, Desert Shores, Salton |
| GARAGE | Driveway |
| HOA DUES | 0 |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Driveway |
| SEWER | Unknown |
| STORIES | 1 |
| SUBDIVISION | Salton City |
| TAXES | 10818 |
| VIEW | Yes |
| VIEW DESCRIPTION | Desert,Hills,Mountain(s) |
Location
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Listed with Wilson-Meade Commercial Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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