Rare, Palm Desert SFR investment opportunity under 500K. This home features 4Br, 2Ba with existing tenants. Located in the heart of Palm Desert, minutes away from El Paseo, McCallum Theatre, schools, shopping, community center, et cetera, it does not get much better for a rental property. The property is a light Fixer. Please do not disturb the tenants.
Single-familyProperty Type
1993Year Built
2,614 sq ftLot Size
$387Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Hannes Scherber•DRE #01298246• HPS Real Estate Investments
•760-217-7566 (agent)
•cainvest7@aol.com (agent)
Bought with Hannes Scherber•DRE #01298246• HPS Real Estate Investments
A light, bright, newer home with cathedral ceilings in the living room, softly pickled kitchen cabinets, fans in several of the rooms, a small cozy back yard, fireplace and a roomy double garage with a roll-up door. This home is just blocks from College of the Desert, as well as, world class shopping on El Paseo. Main living area has been freshly painted. Due to Seller's 6 day+ work week, which doesn't leave much time for addressing minor fix-requests-- propty. is being sold in its present condition along with a home warranty. This is a great find!
Year
Property tax
Land + Additions
Assessment*
2025
$6,819 (+2.6%)
$137,957 + $339,586
$477,543
2024
$6,649 (+2.7%)
$137,957 + $339,586
$477,543
2023
$6,476 (+9.6%)
$135,252 + $332,928
$468,180
2022
$5,911 (+24.1%)
$132,600 + $326,400
$459,000
2021
$4,761 (+10.9%)
$96,858 + $290,602
$387,460
2020
$4,295 (+2.6%)
$81,583 + $245,948
$327,531
2019
$4,187 (+3.1%)
$72,842 + $219,596
$292,438
2018
$4,061 (+3.7%)
$70,720 + $213,200
$283,920
2017
$3,915 (+0.7%)
$65,000 + $197,000
$262,000
2016
$3,887 (+9.5%)
$65,000 + $197,000
$262,000
2015
$3,549 (+9.1%)
$65,000 + $197,000
$262,000
2014
$3,254 (+23.7%)
$54,000 + $161,000
$215,000
2013
$2,632 (+5.4%)
$54,000 + $161,000
$215,000
2012
$2,498 (−6.8%)
$41,000 + $124,000
$165,000
2011
$2,680 (+7.0%)
$39,000 + $118,000
$157,000
2010
$2,505 (+0.5%)
$43,000 + $129,000
$172,000
2009
$2,491 (−31.7%)
$40,000 + $119,000
$159,000
2008
$3,650
$41,000 + $124,000
$165,000
Tax history for 73965 Santa Rosa Way
Year
Property tax
Land + Additions
Assessment*
2025
$6,819 (+2.6%)
$137,957 + $339,586
$477,543
2024
$6,649 (+2.7%)
$137,957 + $339,586
$477,543
2023
$6,476 (+9.6%)
$135,252 + $332,928
$468,180
2022
$5,911 (+24.1%)
$132,600 + $326,400
$459,000
2021
$4,761 (+10.9%)
$96,858 + $290,602
$387,460
2020
$4,295 (+2.6%)
$81,583 + $245,948
$327,531
2019
$4,187 (+3.1%)
$72,842 + $219,596
$292,438
2018
$4,061 (+3.7%)
$70,720 + $213,200
$283,920
2017
$3,915 (+0.7%)
$65,000 + $197,000
$262,000
2016
$3,887 (+9.5%)
$65,000 + $197,000
$262,000
2015
$3,549 (+9.1%)
$65,000 + $197,000
$262,000
2014
$3,254 (+23.7%)
$54,000 + $161,000
$215,000
2013
$2,632 (+5.4%)
$54,000 + $161,000
$215,000
2012
$2,498 (−6.8%)
$41,000 + $124,000
$165,000
2011
$2,680 (+7.0%)
$39,000 + $118,000
$157,000
2010
$2,505 (+0.5%)
$43,000 + $129,000
$172,000
2009
$2,491 (−31.7%)
$40,000 + $119,000
$159,000
2008
$3,650
$41,000 + $124,000
$165,000
*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
2
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
1994
Sq. Ft.
1,405
Year built
1993
Style
Single Family Residential
County
Riverside County
APN
627123004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R-2
S.O.
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.
Zone overlays
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Day care facility
Housing
Housing-Group
Housing-Single unit
Housing-Other
Park & open space
Sep 8, 2025 • Final
Re-roof
Replace the roof tile underlayment and reuse the existing roof tiles.
Roofing
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
Parking
Parking and Garage Information
Total Parking Spaces: 4
Parking: Driveway
Has Garage
Garage Description: Attached
Total Covered Spaces: 2
Total Garage Spaces: 2
Interior
Bathroom Information
Full Baths: 2
Room Information
Rooms: Great Room
Eating Areas: Dining Area
Interior Features
Entry Location: Main Level
Furnished: Unfurnished
Fireplace Information
No
Flooring
Linoleum
Heating & Cooling
Heating Type: Forced Air
Cooling Type: Air Conditioning
Exterior
Building Information
Building # of Stories: 2
Year Built Source: Owner
Levels: Two
Roofing: Clay Tile
Exterior Construction: Stucco
Exterior Features
Security Safety: None
Fencing: Block
Land Information
Land Type: Fee
Land Type: Fee Simple
Lot Information
Lot Size Source: Other
Lot Description: Curbs
Property Features
Sq Ft Source: Other
Property Sub-Type: Single Family Residence
Property Attached/Detached: Detached
Property Condition: Fixer, Repair Cosmetic
Utilities
Utilities Information
PUD Y/N: No
Sewer: Other
Location
Homeowners Association Information
Total Monthly Association Fees: 0.00
Location Information
Directions: From HWY 111, turn North on Portola, left onto Santa Rosa Way
Cross Streets: Portola
Community Information
Gated Community: No
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,405
Stories: 2.0
Lot Size: 2,614 square feet
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1994
County: Riverside County
APN: 627123004
Home facts updated by county records on Aug 7, 2026
Other
Documents & Disclosures
Disclosures: Property As Is
Listing Information
Exclusions of Sale: all personal items
Listing Terms: Cash, Cash to New Loan, Conventional
Sale Type: Standard
Possession: Subject To Tenants Rights
Short Term Rentals: Unknown
Will Consider Lease: No
Around this home
Schools
Abraham Lincoln Elementary School
Public K-5 • Assigned • 0.5mi
7/10
La Quinta Middle School
Public 6-8 • Assigned • 5.7mi
4/10
Palm Desert High School
Public 9-12 • Assigned • 1.0mi
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, 20 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)
68
49
76
55
82
60
82
61
90
67
100
75
103
80
103
80
93
74
89
65
74
53
72
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.8 hours in
June and 7.4 hours in December, placing it above the
U.S. average for solar exposure.
10.8 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$517,000 – $626,000
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