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For sale
  • Listed by: ROA California Inc • Frank Sanchez • Contact: 619-848-7006
    Price cut: $25K (5/21)
    $325,000

    83 Panorama Dr, Thermal, CA 92274

    3beds
    3,000sqft
    : 
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    Quadruplex
    Built in 1970
    -- sqft lot
    $313,700 Zestimate®
    $108/sqft
    $-- HOA

    What's special

    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!
    91 days
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    188
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Sanchez DRE #02233922 frank@sanchezrealestateinc.com,

    ROA California Inc

    Source: CRMLS,MLS#: CV26087711MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      • Main level bedrooms: 4
      Rooms
      • Room types: Living Room
      Cooling
      • None
      Appliances
      • Laundry: Inside
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total interior livable area: 3,000 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 7,113 Square Feet
      • Features: Desert Front
      Details
      • Parcel number: 001071017000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights
      • Subdivision: Vista Santa Rosa (31601)
      Location
      • Region: Thermal

      Financial & listing details

      • Price per square foot: $108/sqft
      • Tax assessed value: $49,023
      • Annual tax amount: $2,402
      • Date on market: 4/22/2026
      • Cumulative days on market: 91 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $313,700

        $298,000 - $329,000

        $2,567/mo

        Price history

        DateEventPrice
        5/21/2026Price change$325,000-7.1%$108/sqft
        Source: CRMLS #CV26087711 Report a problem
        4/23/2026Listed for sale$350,000-12.5%$117/sqft
        Source: CRMLS #CV26087711 Report a problem
        5/4/2025Listing removed--
        Source: Owner Report a problem
        2/3/2025Listed for sale$400,000+33.3%$133/sqft
        Source: Owner Report a problem
        9/26/2021Listing removed--
        Source: Owner Report a problem
        6/28/2021Listed for sale$299,999+36.4%$100/sqft
        Source: Owner Report a problem
        3/27/2020Listing removed$220,000$73/sqft
        Source: HomeSmart Professionals #219030727 Report a problem
        1/21/2020Price change$220,000+33.3%$73/sqft
        Source: HomeSmart Professionals #219030727 Report a problem
        9/27/2019Listed for sale$165,000-17.5%$55/sqft
        Source: Bennion Deville Homes #219030727 Report a problem
        6/17/2017Listing removed$199,900$67/sqft
        Source: My Desert Realty, Inc. #216037164 Report a problem
        2/6/2017Price change$199,900-9.1%$67/sqft
        Source: My Desert Realty, Inc. #216037164 Report a problem
        12/17/2016Listed for sale$220,000+22.2%$73/sqft
        Source: My Desert Realty, Inc. #216037164 Report a problem
        9/28/2016Listing removed$180,000$60/sqft
        Source: Owner Report a problem
        6/30/2016Listed for sale$180,000+2.9%$60/sqft
        Source: Owner Report a problem
        12/23/2015Listing removed$175,000$58/sqft
        Source: My Desert Realty, Inc. #215019140 Report a problem
        9/30/2015Price change$175,000-2.2%$58/sqft
        Source: My Desert Realty, Inc. #215019140 Report a problem
        9/8/2015Price change$179,000-0.6%$60/sqft
        Source: My Desert Realty, Inc. #215019140 Report a problem
        7/10/2015Price change$180,000+89.5%$60/sqft
        Source: My Desert Realty, Inc. #215019140 Report a problem
        2/14/2015Price change$95,000-24%$32/sqft
        Source: Owner Report a problem
        2/11/2015Price change$125,000+31.6%$42/sqft
        Source: Owner Report a problem
        11/1/2014Price change$95,000-57.8%$32/sqft
        Source: HomeSmart Professionals #214027646 Report a problem
        7/19/2014Listed for sale$225,000$75/sqft
        Source: HomeSmart Professionals #214027646 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,402 +3.1%$49,023 +2%
        2024$2,330 +21.3%$48,062 +2%
        2023$1,920 $47,121 +2%
        2022-- $46,198 +3.1%
        2021$1,608 +31.4%$44,829
        2020$1,224 +2.8%$44,829 +2%
        2019$1,191 $43,951 +2%
        2018$1,191 $43,090 +2%
        2017-- $42,246 +2%
        2016-- $41,419 +1.5%
        2015-- $40,798 -2.2%
        2014-- $41,706 +0.5%
        2013-- $41,518 +2%
        2012-- $40,705 +2%
        2011-- $39,907 +0.8%
        2010-- $39,609 -0.2%
        2009-- $39,704 +2%
        2008-- $38,927
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92274

        Getting around

        6 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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