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Palm Desert, California

Commercial Real Estate in Palm Springs

Contact Our Office

74-710 Highway 111, Suite 102
Palm Desert, CA 92260
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Phone: (909) 456-3400
Fax: (909) 456-3410

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

John Vorsheck II

John Vorsheck II

Executive Managing Director, Chief Revenue Officer - Western Division
Direct: (858) 373-3170
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The Palm Springs Office

The Palm Springs office of Marcus & Millichap provides tailored commercial real estate investment and advisory services throughout the Coachella Valley and Southern California. Palm Springs commercial real estate agents handle transactions involving multifamily, industrial, retail, hospitality, seniors housing, and other property types. Leveraging the strength of Marcus & Millichap’s 80+ offices and nearly 1,700 professionals, our team promotes real estate properties for sale through a powerful national network. Financing support is available through Marcus & Millichap Capital Corporation representatives.

CA Broker License No.: 00530854

Marcus & Millichap Capital Corporation License No.: 01204293

CURRENT SOUTHERN CALIFORNIA LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Apartments

947 4th St

Santa Monica, CA

Number of Units: 5

Cap Rate: 5.89%

Listing Price: $5,450,000

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Apartments

914 5th St

Santa Monica, CA

Number of Units: 4

Cap Rate: 7.06%

Listing Price: $4,800,000

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Retail

690 N 2nd St

El Cajon, CA

Price/Gross SF: $284.98

Listing Price: $6,499,000

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Manufactured Housing

El Rancho Mobile Home Park

Daggett, CA

Price/Space: $39,813

Cap Rate: 7.20%

Listing Price: $1,274,000

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Apartments

211 W Marquita

San Clemente, CA

Number of Units: 25

Cap Rate: 4.50%

Listing Price: $8,850,000

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Apartments

6254 Whitsett Ave

Valley Glen, CA

Number of Units: 6

Cap Rate: 5.69%

Listing Price: $1,425,000

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Apartments

1525 W 105th St

Los Angeles, CA

Number of Units: 8

Cap Rate: 6.78%

Listing Price: $1,450,000

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Apartments

222 S Salinas St

Santa Barbara, CA

Number of Units: 3

Cap Rate: 5.14%

Listing Price: $1,800,000

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Apartments

Royal Palms Apartments & Professional Building

Glendora, CA

Number of Units: 48

Cap Rate: 6.28%

Listing Price: $12,295,000

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Apartments

The Palms

Torrance, CA

Number of Units: 48

Cap Rate: 5.36%

Listing Price: $14,950,000

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Land

631-637 W 6th Street

San Pedro, CA

Lot Size: 0.32 acres

Listing Price: $1,475,000

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Retail

18731 Crenshaw Blvd

Torrance, CA

Price/Gross SF: $305.74

Cap Rate: 3.84%

Listing Price: $1,399,999

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Apartments

3422-24 Albert Street

San Diego, CA

Number of Units: 2

Cap Rate: 2.03%

Listing Price: $1,500,000

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Net Lease

Carls Jr Calimesa

Calimesa, CA

Years Remaining On Lease: 1.7

Cap Rate: 5.25%

Listing Price: $1,996,500

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Apartments

12827 Kling St

Studio City, CA

Number of Units: 8

Cap Rate: 4.99%

Listing Price: $2,550,000

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Properties

RECENT SOUTHERN CALIFORNIA RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

VIEW ALL SOCAL RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Research Video

Office Sector Gains Momentum – Will Opportunities Emerge?

August 21, 2026

Research Video

Fed Faces Balancing Act Amid Economic Crosscurrents

August 14, 2026

Economy

Research Brief

Inflation

August 2026

Employment

Research Brief

Employment

August 2026

Research Video

Industrial CRE Proving Durable Amid Uncertainty

August 7, 2026

GDP

Research Brief

Gross Domestic Product

August 2026

GDP

Research Brief

Financial Markets

August 2026

Housing

Research Brief

Housing

August 2026

industrial

Research Brief

Industrial

August 2026

Research Video

Retail Resilient in an Uncertain Economy

July 30, 2026

Research Video

Has the Apartment Market Turned to the Upside?

July 24, 2026

Economy

Research Brief

Retail Sales

July 2026

Economy

Research Brief

Inflation

July 2026

Research Video

Inflation Risk: Headwind or Opportunity for CRE?

July 16, 2026

Research Video

Will Economic Momentum Boost CRE for Rest of 2026?

July 10, 2026

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

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CDM E. Coast Highway Retail

Press Releases

Marcus & Millichap Brokers $13.7M Sale of Coast Highway Retail Property in Newport Beach, California

Marcus & Millichap announced today the sale of 2515 E. Coast Highway, a 15,100-square-foot multi-tenant retail property in the Corona del Mar neighborhood of Newport Beach.

August 25, 2026

1345 S Beverly Glen Blvd.

Press Releases

Marcus & Millichap Arranges $8.65M Sale of 21-Unit Multifamily Property in Los Angeles

Marcus & Millichap announced today the sale of 1345 S. Beverly Glen Blvd., a 21-unit multifamily property in Los Angeles.

August 25, 2026

Encinitas portfolio

Press Releases

Marcus & Millichap Arranges $8.3M Sale of Two-Property Portfolio in Encinitas, California

Marcus & Millichap announced today the sale of a two-property portfolio at 548-568 S. Coast Highway 101 and 571 2nd St. in Encinitas, California.

August 24, 2026

Fogo de Chao

Press Releases

Marcus & Millichap Brokers $7.5M Sale of Net-Leased Restaurant in Katy, Texas

Marcus & Millichap announced today the sale of 222 W. Grand Parkway, a net-leased Fogo de Chao restaurant in Katy, Texas.

August 19, 2026

1203 N Kings Rd

Press Releases

Marcus & Millichap Brokers $7.98M Sale of 30-Unit Multifamily Property in West Hollywood, California

Marcus & Millichap announced today the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood, California.

August 17, 2026

Garden Villas Apartments

Press Releases

Marcus & Millichap Brokers $9.75M Sale and $7.3 Million Financing of 73-Unit Multifamily Property in Oakland, California

Marcus & Millichap announced today the sale and financing of Garden Villas Apartments, a 73-unit multifamily property in Oakland, California.

August 04, 2026

PNC Bank

Press Releases

Marcus & Millichap Brokers $3.29M Sale of Net Leased Bank in Celina, Texas

Marcus & Millichap announced today the sale of 3605 S Preston Rd., a 3,156 square-foot net leased PNC bank in Celina, Texas.

August 03, 2026

7203 Rubio Ave

Press Releases

Marcus & Millichap Brokers $9.5M Sale of 30-Unit Multifamily Property in Van Nuys, California

Marcus & Millichap announced today the sale of 7203 Rubio Ave., a 30-unit multifamily property in Van Nuys, California.

August 03, 2026

Hacienda Village

Press Releases

Marcus & Millichap Arranges $13M Sale of Hacienda Village Retail Center in Hacienda Heights, California

Marcus & Millichap announced today the sale of 2029 S Hacienda Blvd, a 23,645 square-foot shopping center in Hacienda Heights, California.

August 03, 2026

The Colony House

Press Releases

Marcus & Millichap Arranges $5.6M Sale of 34-Unit Multifamily Property in Sacramento, California

Marcus & Millichap announced today the sale of 915 Johnfer Way, a 34-unit multifamily property in Sacramento, California.

August 03, 2026

Chez Cannes

Press Releases

Marcus & Millichap Arranges $9.5M Sale of 27-Unit Multifamily Property in Santa Monica, California

Marcus & Millichap announced today the sale of 1117 6th St., a 27-unit multifamily property in Santa Monica, California.

August 03, 2026

Taco Bell

Press Releases

Marcus & Millichap Brokers $3.8M Sale of Taco Bell in Poulsbo, Washington

Marcus & Millichap announced today the sale of 21289 Olhava Way NW, a locally owned and operated Taco Bell in Poulsbo, Washington.

August 03, 2026

2026 SSA Fall Conference & Trade Show
Industry Events

SSA Fall Conference & Trade Show

ARIA Resort & Casino, Las Vegas, NV
September 8 – September 11, 2026
2026 Western States CREF Conference
Industry Events

Western States CREF Conference

ARIA Resort & Casino, Las Vegas, NV
September 9 – September 11, 2026
ICSC@WESTERN 2026 | San Diego, CA
Industry Events

ICSC@WESTERN

San Diego Convention Center, San Diego, CA
September 14 – September 16, 2026

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News & Events