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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.

Mario J. Alvarez, Jr.

Mario J. Alvarez, Jr.

Regional Manager
Direct: (909) 456-3450
View Palm Springs agents & originators

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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Net Lease

U.S. Bank Ground Lease | Recent 10 Yr Lease Extension

Palm Desert, CA

Years Remaining On Lease: 9.1

Cap Rate: 5.50%

Listing Price: $2,500,000

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Apartments

3910 W 112th St

Inglewood, CA

Number of Units: 3

Cap Rate: 5.52%

Listing Price: $1,250,000

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Industrial

7422 Varna Ave

North Hollywood, CA

Price/Gross SF: $1,056.56

Cap Rate: 4.28%

Listing Price: $1,980,000

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Apartments

4333 Florida Street

San Diego, CA

Number of Units: 2

Cap Rate: 3.87%

Listing Price: $1,450,000

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Apartments

1910-1918 Lincoln Ave

Pasadena, CA

Number of Units: 16

Cap Rate: 6.33%

Listing Price: $3,450,000

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Land

±32.1 Acre Site Zoned BV/SD-Res

Big Bear, CA

Lot Size: 32.09 acres

Listing Price: $1,290,000

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Retail

1111-1153 E Washington Blvd

Montebello, CA

Price/Gross SF: $256.17

Listing Price: $9,490,000

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Retail

2157 Venice Blvd.

Los Angeles, CA

Price/Gross SF: $233.33

Cap Rate: 7.50%

Listing Price: $700,000

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Net Lease

1528 E Washington Blvd

Montebello, CA

Years Remaining On Lease: 4.9

Cap Rate: 5.70%

Listing Price: $2,990,000

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Apartments

Hoover.1337

Los Angeles, CA

Number of Units: 72

Cap Rate: 4.83%

Listing Price: $12,000,000

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Apartments

11142-11208 Whittier Blvd

Whittier, CA

Number of Units: 23

Cap Rate: 3.08%

Listing Price: $3,990,000

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Industrial

Commercial Kitchen – 4,950 SF on Large Lot

Huntington Park, CA

Price/Gross SF: $341.92

Listing Price: $1,692,500

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Apartments

3209 L St

San Diego, CA

Number of Units: 5

Cap Rate: 5.64%

Listing Price: $2,895,000

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Apartments

1867 Cochran Ave

Los Angeles, CA

Number of Units: 2

Cap Rate: 2.32%

Listing Price: $850,000

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Apartments

14743 Berendo Ave

Gardena, CA

Number of Units: 6

Cap Rate: 5.56%

Listing Price: $1,900,000

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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
GDP

Research Brief

Inflation

September 2025

Research Video

CRE at a Crossroads: Jobs, Rates and Market Liquidity

September 15, 2025

Employment

Research Brief

Employment & Rates

September 2025

Employment

Research Brief

Employment

September 2025

Research Video

If The Fed Cuts Interest Rates, Will Cap Rates Follow?

September 8, 2025

US Money

Research Brief

Cap Rates

September 2025

Research Video

Will A Wave Of Distressed CRE Come To Market?

September 2, 2025

mm financial

Research Brief

CRE Distress Update

September 2025

Housing

Research Brief

Housing

August 2025

mm retail

Market Report

Retail National Report

3Q 2025

Research Video

Durable Retail Sales Positive For CRE

August 25, 2025

Economy

Research Brief

Retail Sales

August 2025

Research Video

Inflation Still Looks Tame – Should the Fed Cut Rates?

August 18, 2025

GDP

Research Brief

Inflation

August 2025

Research Video

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

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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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Harper Port Cali

Press Releases

Marcus & Millichap Facilitates $25.25 Million Multifamily Portfolio Sale in Los Angeles

Marcus & Millichap announced today the sale of a seven-property, 275-unit multifamily portfolio in Los Angeles, California.

September 10, 2025

Gaithersburg MD

Press Releases

Marcus & Millichap Brokers the Sale of SpringHill Suites Gaithersburg, a 162-Room Hospitality Property

Marcus & Millichap announced today the sale of SpringHill Suites Gaithersburg, a 162-room hospitality property located in Gaithersburg, Maryland.

September 05, 2025

Signal Hill

Press Releases

Marcus & Millichap Closes Sale and Arranges Financing for Retail Pad in Los Angeles County

Marcus & Millichap announced today the $6.2 million sale of a four-tenant, triple-net-leased retail pad in Signal Hill, California.

September 04, 2025

ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 2025
The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 2025
2025 WMA Convention & Expo
Industry Events

2025 WMA Convention & Expo

Peppermill Resort, Reno, NV
October 6 – October 9, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
Vacant JoAnn Fabrics

Press Releases

Marcus & Millichap Closes $24M Sale of Prime Glendale Commercial Site

Marcus & Millichap announced today the $24 million sale of a vacant 33,818-square-foot commercial site most recently occupied by JoAnn Fabrics in Glendale, California.

August 22, 2025

Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 2025
MMCC

Press Releases

$64 Million in Construction Financing Secured by Marcus & Millichap Capital Corporation for Rancho Cucamonga Mixed-Use Development

MMCC arranged $64 million in financing for the construction of a mixed-use multifamily, retail and commercial development project located at 8500 Haven Avenue in Rancho Cucamonga, California.

August 01, 2025

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
GlobeSt.com

Media

Data Centers Fuel Record Spending on U.S. Energy Infrastructure

AI demands have ignited a new wave of data center development.

July 02, 2025

2727 Via Cascadita

Press Releases

Marcus & Millichap Facilitates Sale of Coastal San Clemente Retail Center

Marcus & Millichap announced today the sale of 2727 Via Cascadita, a 24,933-square-foot retail center in San Clemente, California.

June 11, 2025

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Video

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Headwinds & Opportunities: The Forces Shaping CRE Investment Activity

June 10, 2025

05-2025 30 units in west covina california

Press Releases

Marcus & Millichap Facilitates the Sale of Fernwood Terrace Apartments, a 30-Unit Multifamily Property in West Covina, California

Marcus & Millichap announced today the sale of Fernwood Terrace Apartments, a 30-unit apartment property located in West Covina, California

May 12, 2025

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News & Events