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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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72805 Parkview Drive, Palm Desert – $8,499,000

  • 7 Beds
  • 5 Baths
  • 3.7 Acres
  • 146 DOM
  • 7 Beds
  • 5 Baths
  • 3.7 Acres
  • 146 DOM

72805 Parkview Drive

Truly ONE-OF-A-KIND, this 26-unit multifamily community spans 6 distinctive buildings and offers a rare combination of privacy, convenience, and strong rental appeal. This property offers (1) 3 bedroom, 2 bath unit, (20) 2 bedroom, 2 bath units and (5) 2 bedroom, 1 bath units that are ALL BELOW MARKET VALUE. Every unit has central Air Conditioning and its own private 2-car detached garage. 2 car garages are currently included in the rents but could be used for additional rental income. The community has an additional 26 uncovered parking spaces for guest parking. Property is fully occupied with substantial rental upside. The community offers desirable shared features, including a sparkling pool, on-site laundry facilities, and well-maintained grounds. Gas, water, and trash are included, streamlining management and providing added value to residents. Ideally located to all things great in the desert and is in walking distance to the College of the Desert. This property consistently attracts long-term, reliable tenants. With unmatched features and steady tenant demand in a prime location, this is a standout investment opportunity with exceptional long-term potential. Impeccably maintained property with pride of ownership. Do not disturb occupants.

Essential Information

  • MLS® #PW25265610
  • Price$8,499,000
  • Bedrooms7
  • Bathrooms5.00
  • Acres3.70
  • Year Built1989
  • TypeResidential Income
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address72805 Parkview Drive
  • Area322 - North Palm Desert
  • SubdivisionParkview
  • CityPalm Desert
  • CountyRiverside
  • Zip Code92260

Amenities

  • AmenitiesPool
  • Parking Spaces52
  • # of Garages26
  • ViewDesert, Mountain(s)
  • Has PoolYes
  • PoolCommunity, Association

Utilities

Electricity Connected, Natural Gas Connected, Phone Connected, Water Available

Parking

Garage, Assigned, Garage Door Opener, Guest

Garages

Garage, Assigned, Garage Door Opener, Guest

Interior

  • InteriorCarpet, Tile
  • HeatingForced Air
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesElectric, Gas
  • # of Stories1
  • StoriesOne

Interior Features

All Bedrooms Down, Laminate Counters

Appliances

Disposal, Gas Range, Dishwasher

Exterior

  • ExteriorStucco
  • Exterior FeaturesLighting
  • Lot DescriptionTwentySixToThirtyUnitsAcre
  • RoofOther, Spanish Tile
  • ConstructionStucco

Additional Information

  • Date ListedDecember 12th, 2025
  • Days on Market146

Listing Details

  • AgentBrian Gorman
  • OfficeCollege Park Realty
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Price Change History for 72805 Parkview Drive, Palm Desert, (MLS® #PW25265610)

Date Details Change
Price Reduced from $9,499,000 to $8,499,000 $1,000,000 (10.53%)
Price Reduced from $9,999,999 to $9,499,000 $500,999 (5.01%)

Brian Gorman, College Park Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of May 7th, 2026 at 12:32pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.