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  • 74380 El Camino

74380 El Camino, Palm Desert, CA 92260

$7,410,000 Approx. USD 0 beds, 0 baths
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Listing Agent


ALBERT LE | albert.le@leinvestmentgroup.com
Lic#: 01468313
Broker: Courtesy of LE INVESTMENT GROUP
Phone: 909-256-7889

Agent Remarks

HIGHLIGHTS: Palm Desert opportunity: 38 of 52 condo units, 73% majority ownership of the entire community, in a highly desirable year-round tourism destination. / 38 fully renovated, furnished and turnkey condos in the heart of Palm Desert, with all FF&E included and approximately $50,000 invested per unit. / Strong day-one cash flow with a 9.00% CAP, plus significant upside to a 13.36% proforma CAP and a per unit basis 15%–30% below nearby condo sales. / Renovated interiors and upgraded major common-area infrastructure, with additional aesthetic repositioning upside and multiple exit strategies through / Prime Palm Desert location near El Paseo, with a $237 proforma ADR and significant peak-season upside driven by major events and year-round tourism. / Fully condo-mapped. $575/Unit/Month HOA dues cover water, internet, common area insurance, exterior maintenance, pool & landscaping. The offering consists of 38 of the 52 condominium units (approximately 73% of the entire project) located at 74380 El Camino in Palm Desert, California. This substantial concentration of ownership represents a unique opportunity to acquire a controlling majority of the units within a single project, providing investors with significant scale and the potential to benefit from future improvements and repositioning of the community. The property is centrally located in Downtown Palm Desert, just steps from El Paseo Drive, the city's premier shopping and entertainment destination. The surrounding area has evolved into an upscale district featuring approximately 150 boutiques, art galleries and restaurants. With its concentration of luxury retailers, landscaped streetscape and proximity to world-class resorts, spas, golf courses, tennis facilities, fine dining and nightlife, El Paseo is often referred to as the “Rodeo Drive of the Desert.” APNS: 625340002, 625340004, 625340007, 625340008, 625340009, 625340010, 625340011, 625340012, 625340013, 625340014, 625340015, 625340016, 625340017, 625340018, 625340021, 625340022, 625340023, 625340024, 625340025, 625340026, 625340027, 625340028, 625340029, 625340030, 625340031, 625350003, 625350004, 625350005, 625350006, 625350007, 625350009, 625350010, 625350011, 625350012, 625350015, 625350017, 625350021

Listing Details

Property type: Condominium (Multi-Family)
Status: Active
MLS# IV26208044
Price: $7,410,000
Beds: 0
Baths: 0
None fireplaces
Built in 1963
1 story
0.01 acres
Lot size: 0.0118
Subdivision: International Lodge (32316)
County: Riverside
Parking description: Assigned
Lot description: SixteenToTwentyUnitsAcre
Heating/cooling: Central Air
Heating description: Central
MLS area: 323 - South Palm Desert

Last Updated: 9/24/2026

 Days On Market (DOM): 41

 Find more Palm Desert homes and real estate

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This listing belongs to the 323 - South Palm Desert MLS area

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Lat/Long: 33.720431, -116.367052.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
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