This property is two detached units on one parcel each with its own address, 73-176 & 73-180 respectively. Both homes are occupied with long term tenants on month to month leases. Both tenants have occupied the property for more than 8 years. Santa Rosa Way is experiencing a renaissance with many homes either just being or in the process of being remodeled. This is a chance to own at a discount with tremendous upside potential. CAP rate at asking price is 5.2%.
This property is two detached units on one parcel each with its own address, 73-176 & 73-180 respectively. Both homes are occupied with long term tenants on month to month leases. Both tenants have occupied the property for more than 8 years. Santa Rosa Way is experiencing a renaissance with many homes either just being or in the process of being remodeled. This is a chance to own at a discount with tremendous upside potential. CAP rate at asking price is 5.2%.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
1966
Sq. Ft.
2,128
Year built
1966
Style
Other
County
Riverside County
APN
627021038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R-2
Mixed Residential District
The intent of this district is to provide moderate intensity and density (3.0-10.0 du per acre) for neighborhood development. Neighborhoods are characterized by a variety of housing choices and mixed uses. Buildings are organized around formal and walkable streetscapes with high levels of pedestrian connectivity.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Day care facility
Housing
Housing-Group
Housing-Single unit
Housing-Other
Park & open space
Jan 4, 2026 • Final
Walls
Construct new block walls according to city standards.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Building Information
# of Buildings: 2
Year Built: 1966
Property Information
Res Income 2-4 Units
Lot Information
Lot Size Source: Assessor Record
Location
Multi-Unit Information
# of Units: 2
HOA Information
HOA Fees Include: Other (See Remarks)
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,128
Stories: 1.0
Lot Size: 7,405 square feet
Style: Other
Year Built: 1966
Year Renovated: 1966
County: Riverside County
APN: 627021038
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Abraham Lincoln Elementary School
Public K-5 • Assigned • 1.0mi
7/10
La Quinta Middle School
Public 6-8 • Assigned • 6.4mi
4/10
Palm Desert High School
Public 9-12 • Assigned • 1.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Palm Desert, CA • 92260
Average low and high temperatures (°F)
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93
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53
72
50
Jan
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$631,000 – $764,000
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