Investment Opportunity: 8-Unit Multifamily Property in Desert Shores, CA 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. Property Highlights: Unit Mix: 5 Studios, 2 One-Bedroom Units, and 1 Two-Bedroom Unit Total Building Area: Approximately 3,744 sq. ft. across three buildings Parking: Uncovered on-site parking available Zoning: 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. . Investment Highlights Desert Shores Multifamily Investment – 8 Units for $715,000 Affordable. Versatile. Income-Producing. Introducing 81-83 Panorama Drive — an 8-unit multifamily nestled in the heart of Desert Shores, CA. With a mix of studios, 1-bedroom, and 2-bedroom units across three buildings, this property is a smart choice for investors seeking both value and upside potential in an under-the-radar rental market. 81 Panorama is approximately 1,800 sq. ft. and 83 Panorama is approximately 1,944 sq. ft. (buyer to verify). . Investment Snapshot: List Price: $715,000 Cap Rate: 6.99% Gross Scheduled Income: $87,000/year Net Operating Income: $49,957/year Cost Per Unit: $89,375 Three Buildings | Eight Total Units Unit Mix & Layout: 5 Studios 2 One-Bedroom Units (including a detached structure) 1 Two-Bedroom Unit Total Building Area: 3,744 sq. ft. (combined) Zoning: R-1 | Parking: Uncovered Why Invest Here? Steady rental income with upside through lease optimization and minor value-add improvements 3 unpermitted units – potential for future permitting or reconfiguration to maximize returns Located near State Route 86 (high daily traffic volume) and close to local conveniences Minutes from the Salton Sea – an area gaining attention for environmental and recreational redevelopment The Market Advantage: Surrounded by affordability-conscious tenants with low vacancy pressure Desert Shores is a quiet, tight-knit community perfect for long-term renters 5-mile population over 2,500 with continued growth expected This is your chance to enter the multifamily space with a below-market price per door, reliable rents, and long-term growth possibilities. Whether you're building your portfolio or repositioning capital, this asset checks all the boxes. *Buyer to verify all information. Property sold As-Is.