| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Poor |
| Demographics | 70th | Best |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 45205 Panorama Dr, Palm Desert, CA, 92260, US |
| Region / Metro | Palm Desert |
| Year of Construction | 1979 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
45205 Panorama Dr Palm Desert Multifamily Investment
Neighborhood fundamentals point to renter demand supported by a high-cost ownership market and strong daily conveniences, according to WDSuite’s CRE market data.
Set in Palm Desert, the neighborhood carries an A rating and ranks 79 out of 997 metro neighborhoods—competitive among Riverside–San Bernardino neighborhoods and in the top quartile locally. For investors, that signals solid location fundamentals and liquidity when compared with many submarkets across the region.
Daily needs are well served: dining density ranks near the top of the metro, and both grocery and pharmacy access sit in high national percentiles, supporting resident convenience and lease retention. Park and childcare access are limited in the immediate neighborhood, which is a modest livability tradeoff to factor into positioning.
Rents at the neighborhood level trend above many areas in the region while maintaining a rent-to-income profile that suggests manageable affordability pressure for typical households. At the same time, the share of housing units that are renter-occupied in the neighborhood is roughly one-third, indicating a more ownership-heavy area today; for multifamily investors, that means a defined but selective renter pool.
Demographics aggregated within a 3-mile radius show flat to slightly declining population in recent years alongside a small increase in household counts, implying smaller household sizes and a steady formation of households that can support rental demand. Forecasts point to further growth in households and incomes in the near term, which can support occupancy stability and measured rent growth for well-positioned assets.
Safety metrics present a mixed picture. Relative to other Riverside–San Bernardino neighborhoods, the area’s crime rank places it below the metro median (653 out of 997). Nationally, the neighborhood sits below the median for safety, but property-related offenses have shown a notable year-over-year improvement, while violent offense trends were roughly flat. For underwriting, this suggests monitoring remains prudent, with recent momentum on property incidents moving in a favorable direction.
Local employment is supported by nearby service and operations roles that help sustain renter demand through commute convenience. Notable employer presence includes:
- Waste Management — environmental services (1.8 miles)
45205 Panorama Dr is a 22-unit multifamily asset built in 1979—newer than the neighborhood’s prevailing vintage—providing relative competitiveness versus older stock while leaving room for modernization and value-add programming over time. The neighborhood carries an A rating with top-quartile local standing, and daily conveniences (restaurants, groceries, pharmacies) are strong. According to CRE market data from WDSuite, neighborhood-level rents and home values reflect a high-cost ownership market, which tends to reinforce reliance on multifamily housing and supports pricing power for well-managed communities.
Investor considerations include a neighborhood renter concentration around one-third of housing units today and below-median safety standing relative to the metro. However, within a 3-mile radius, household counts are edging up and are projected to rise further alongside higher incomes, expanding the practical tenant base and supporting occupancy stability. Given the 1979 vintage, capital planning for building systems and targeted unit/interior updates can position the property to capture demand from renters prioritizing convenience and quality.
- A-rated neighborhood with top-quartile local standing and strong access to daily amenities
- High-cost ownership market supports sustained multifamily demand and measured pricing power
- 1979 vintage offers value-add potential through modernization while remaining competitive to older stock
- 3-mile outlook shows rising households and incomes, expanding the tenant base and supporting occupancy
- Risks: below-metro-median safety metrics and limited parks/childcare access warrant careful positioning and resident engagement