Description
Rare Multi-Property Investment Opportunity - 2 Adjacent Income-Producing Properties Near Salton Sea! Don't miss this unique opportunity to acquire two side-by-side income properties offering strong cash flow and long-term upside. 81 Panorama Dr features 4 studio units plus a 2-bedroom, 1-bath unit, totaling 6 bedrooms, along with 4 separate electric meters. 83 Panorama Dr includes one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, and one studio unit, serviced by 1 electric meter. Combined, this portfolio delivers a diverse unit mix ideal for maximizing occupancy and rental income across multiple tenant profiles. Located near the Salton Sea, a well-known tourist destination, and within close proximity to casinos, golf courses, and major local employers, these properties are perfectly positioned for employee housing and long-term rentals. High demand from workers in nearby hospitality, service, and resort industries makes this an attractive and stable income investment. Ideal for investors looking to scale their portfolio with a multi-property acquisition, or for owner-users seeking to live in one unit while generating income from the rest. Opportunities like this-two adjacent, income-producing properties-are rare. Don't miss out!
Details
| MLS # | CV26087684 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 142 |
| Listing Provided By | ROA California Inc | Frank Sanchez |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 6,038 |
| Story(s) | 1 |
| Units | 5 |
| Acreage | 0.14 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Back Yard |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Imperial |
| City | Thermal |
| Zip Code | 92274 |
| Area | 316 Thermal |
| Listing VS Median (in 92274) | |
Price: $325,000 low | high Med: $289,000 sqft: 6,038 low | high Med: 1,390 $ / sqft: $54 low | high Med: $208 On site: 142 low | high Med: 225.5 | |
Market Activity 92274
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Learn More About This Property
| State | CA |
|---|---|
| County | Imperial |
| City | Thermal |
| Zip Code | 92274 |
| Area | 316 Thermal |
| Listing VS Median (in 92274) | |
Price: $325,000 low | high Med: $289,000 sqft: 6,038 low | high Med: 1,390 $ / sqft: $54 low | high Med: $208 On site: 142 low | high Med: 225.5 | |