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For sale
  • Listed by: Desert Sands Realty • Robbin Ruiz • Contact: 760-641-2837
    $585,000

    2542 Sea View Dr, Thermal, CA 92274

    --beds
    --baths
    --sqft
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    Multi Family
    Built in 1975
    -- sqft lot
    $574,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New plumbingNew roofNew flooring throughoutFresh interior paintNew windowsNew electrical work
    Fully Remodeled 4-Plex | Two Buildings | Value-Add OpportunityAn exceptional opportunity to acquire a fully renovated fourplex with built-in upside at 2542 Sea View Drive, Thermal. This property consists of two separate buildings with two units each, offering a versatile multifamily layout and strong income potential. Unit Mix: Two 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units Building One: 1,176 sq ft Building Two: 1,488 sq ft Total Units: 4A complete and extensive remodel was completed in 2022, including new windows, new plumbing, a new roof, new electrical work, new flooring throughout, and fresh interior paint. Each unit includes its own washer and dryer, enhancing day-to-day functionality.Currently, two units are occupied and two units are vacant, allowing a new owner to immediately set market rents and implement a value-add strategy. The existing vacancy creates flexibility for repositioning and income optimization from day one.The two-building configuration provides a distinctive multifamily setup that stands apart from traditional fourplexes and supports efficient ownership.With major capital improvements already completed and clear paths to increased revenue, this fourplex offers a compelling blend of current income and future growth.Property is being sold as is.
    165 days
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    95
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robbin Ruiz DRE #02173988 760-641-2837,

    Desert Sands Realty,

    Clair Brennan DRE #02177260 760-574-0269,

    Desert Sands Realty

    Source: CRMLS,MLS#: 219142327DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

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      Facts & features

      Interior

      Rooms
      • Room types: Living Room, Other
      Heating
      • Zoned
      Cooling
      • Zoned
      Appliances
      • Included: Water Heater
      Features
      • Flooring: Tile
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 16
      • Parking features: On Street
      • Carport spaces: 4
      • Uncovered spaces: 8
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Desert, Hills, Mountain(s), Panoramic
      Lot
      • Size: 0.31 Acres
      Details
      • Parcel number: 010 472 018 000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1975

      Community & HOA

      Community
      • Subdivision: Not Applicable-1
      Location
      • Region: Thermal

      Financial & listing details

      • Tax assessed value: $72,504
      • Annual tax amount: $5,758
      • Date on market: 1/29/2026
      • Listing terms: Cash,Conventional,1031 Exchange,FHA

        Estimated market value

        $574,700

        $546,000 - $603,000

        $1,550/mo

        Price history

        DateEventPrice
        1/30/2026Listed for sale$585,000+17%
        Source: Greater Palm Springs Realtors #219142327 Report a problem
        4/7/2023Listing removed--
        Source: CDAR/ Desert Area MLS Report a problem
        3/2/2023Pending sale$499,900
        Source: CDAR/ Desert Area MLS #219089775 Report a problem
        1/23/2023Price change$499,900-14.5%
        Source: CDAR/ Desert Area MLS #219089775 Report a problem
        10/26/2022Listed for sale$585,000+99%
        Source: CDAR/ Desert Area MLS #219086347 Report a problem
        3/11/2022Sold$294,000
        Source: ICAOR #22121193IC Report a problem
        2/16/2022Pending sale$294,000
        Source: ICAOR #22121193IC Report a problem
        2/16/2022Price change$294,000+6.9%
        Source: ICAOR #22121193IC Report a problem
        1/24/2022Listed for sale$275,000+323.1%
        Source: ICAOR #22121193IC Report a problem
        1/18/2019Sold$65,000-4.4%
        Source: ICAOR #18363616IC Report a problem
        12/27/2018Pending sale$68,000
        Source: I-Realty #18363616IC Report a problem
        12/6/2018Price change$68,000-8.1%
        Source: I-Realty #18363616IC Report a problem
        10/19/2018Price change$74,000-6.3%
        Source: I-Realty #18363616IC Report a problem
        8/9/2018Price change$79,000-6%
        Source: I-Realty #18363616IC Report a problem
        7/11/2018Listed for sale$84,000+26.3%
        Source: I-Realty #18363616IC Report a problem
        3/15/2017Sold$66,500-12.7%
        Source: Public Record Report a problem
        1/28/2017Price change$76,200-11.6%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        1/3/2017Price change$86,200-10.4%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        12/5/2016Price change$96,200-4.9%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        11/21/2016Price change$101,200-4.7%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        11/3/2016Price change$106,200-4.5%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        10/19/2016Price change$111,200-11%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        9/20/2016Price change$125,000-5.7%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        8/31/2016Listed for sale$132,500-23.5%
        Source: REALHome Services and Solutions #IV16190736 Report a problem
        8/18/2016Sold$173,276+196.2%
        Source: Public Record Report a problem
        6/14/2002Sold$58,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,758 +3.4%$72,504 +2%
        2024$5,570 +27.5%$71,083 +2%
        2023$4,369 $69,691 +2%
        2022-- $68,325 +3.1%
        2021$4,110 +14.2%$66,300
        2020$3,599 +3.9%$66,300 -3.6%
        2019$3,463 $68,804 +2%
        2018$3,463 $67,456 +111.6%
        2017-- $31,878
        2016-- $31,878 -55.7%
        2015-- $71,897 +2%
        2014-- $70,489 +0.5%
        2013-- $70,172 +2%
        2012-- $68,797 +2%
        2011-- $67,449 +0.8%
        2010-- $66,946 -0.2%
        2009-- $67,106 +2%
        2008-- $65,791
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92274

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

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