45503 Panorama, Palm Desert, CA 92260

Description

Welcome to 45503 Panorama Dr. in Palm Desert, California — now a beautifully remodeled three-bedroom, three-bath home offering 1,320 square feet of versatile living space. LEGAL FOR SHORT TERM RENTALS with a current permit in place, this property is turnkey, fully furnished, and ready to generate income immediately. Zoned R3, the home offers incredible potential for multi-generational living, rental expansion, or even splitting into multiple units. This residence now features three ensuite bedrooms, each with private entrances and fenced areas for enhanced privacy and flexibility. Bathrooms have been remodeled, including one full bath and two three-quarter baths with stand-up showers. A compact, all-new kitchen brings modern convenience, while updates throughout make this property truly move-in ready. Major upgrades include a brand-new roof (December 2024), new roof drains, new water heater (June 2025), and copper plumbing to the kitchen and bathrooms (2025). The home retains its central HVAC system, complemented by dual mini-splits for efficient climate control. The 200-amp electrical panel has been upgraded, and the main sewer line was replaced, ensuring long-term peace of mind. Outdoor amenities set this property apart: a newly added ice-cold plunge pool, a spacious private backyard, with a separate fenced area including its own street entrance, water, and power — ideal for RV hookups, boat parking, or a future pool. A Tuff Shed is included for extra storage. The two-car garage, finished with drywall and hookups for gas and electric laundry, also has potential for conversion into a junior ADU. Located in SOUTH Palm Desert, close to El Paseo, and within the Palm Desert Charter School District, this is the lowest-priced single-family residence in the area with ADU and JADU potential. With room for expansion, AB-68 ADU opportunities, and possible AB-9 lot split potential, the investment upside is undeniable. P&I with 3.5% down FHA loan @ 5.75% = $3,153.06/month

Features

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• 0.15 Acres
• 1 Story