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Palm Desert, California

Palm Springs Office

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
View Palm Springs agents & originators

The Palm Springs Office

The Palm Springs office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, industrial, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Palm Springs agents leverage the firm's immense marketing platform to provide real estate investors with access to the industry's largest inventory of deliverable commercial property as well as to the largest pool of qualified private and institutional buyers and sellers. Investment specialists are located in the Coachella Valley and will leverage the resources of the 78 offices and nearly 1,500 agents throughout the United States and Canada.

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

3917-31 Hamilton St

San Diego, CA

Number of Units: 10

Cap Rate: 3.91%

Listing Price: $3,995,000

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Apartments

1140 Beachwood Dr

Los Angeles, CA

Number of Units: 10

Cap Rate: 5.55%

Listing Price: $2,125,000

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Apartments

5324 Monroe St

Los Angeles, CA

Number of Units: 8

Cap Rate: 5.10%

Listing Price: $1,395,000

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Industrial

651 Arroyo Ave

San Fernando, CA

Price/Gross SF: $225.00

Cap Rate: 7.73%

Listing Price: $5,323,500

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Apartments

11977 Mayfield Ave

Los Angeles, CA

Number of Units: 3

Cap Rate: 5.20%

Listing Price: $7,500,000

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Office

5055 Avenida Encinas

Carlsbad, CA

Price/Gross SF: $417.18

Cap Rate: 3.25%

Listing Price: $8,500,000

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Apartments

3725-29 4th Ave

San Diego, CA

Number of Units: 10

Cap Rate: 4.12%

Listing Price: $3,900,000

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Apartments

560 Jeffries St

Big Bear Lake, CA

Number of Units: 6

Cap Rate: 2.85%

Listing Price: $2,075,000

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Apartments

3064 Ganahl St

Los Angeles, CA

Number of Units: 8

Cap Rate: 5.54%

Listing Price: $1,225,000

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Apartments

1045 E 4th St

Long Beach, CA

Number of Units: 14

Cap Rate: 5.25%

Listing Price: $3,350,000

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Apartments

728 - 734 Cerritos Avenue

Long Beach, CA

Number of Units: 19

Cap Rate: 5.06%

Listing Price: $4,200,000

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Land

Newell St

San Diego, CA

Lot Size: 0.11 acres

Listing Price: $1,195,000

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Office

625 N Alvarado St

Los Angeles, CA

Price/Gross SF: $595.24

Listing Price: $1,875,000

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Apartments

1229-1231 E. 4th Street

Long Beach, CA

Number of Units: 12

Cap Rate: 5.32%

Listing Price: $2,900,000

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Apartments

532 Nebraska Ave

Long Beach, CA

Number of Units: 14

Cap Rate: 5.22%

Listing Price: $3,150,000

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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.

Research Video

What's the Long Term CRE Outlook?

June 3, 2024

Housing

Research Brief

Housing

May 2024

GDP

Research Brief

Inflation

May 2024

mm multifamily

Special Report

Multifamily National Report

2Q 2024

Retail

Research Brief

Retail Sales

May 2024

Research Video

What April Inflation Data Means for Investors

May 20, 2024

Research Video

Potential Risks Investors Should Monitor

May 13, 2024

Research Video

What the Affordability Gap Means for Investors

May 7, 2024

Research Video

1Q CRE Fundamentals Update

May 6, 2024

Research Video

Investor Opinions on CRE Pricing

April 29, 2024

Retail

Special Report

Grocery Sector Outlook

April 2024

GDP

Research Brief

Gross Domestic Product

April 2024

Housing

Research Brief

Housing

April 2024

Retail

Research Brief

Retail Sales

April 2024

Research Video

Economic Drivers and CRE

April 22, 2024

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Southern California Multifamily Forum
Marcus & Millichap Events

Southern California Multifamily Forum

Hilton Los Angeles Airport, Los Angeles, CA
June 6, 2024
Retail Trends 2024
Marcus & Millichap Events

Retail Trends 2024

Live Webcast
June 13, 2024
Multi-Housing News

Media

2024 Top Brokerage Firms

MHN unveils the 15 leading firms—plus the top performers for sales volume and product diversity—in our latest annual ranking.

May 29, 2024

The Abbey Food & Bar and The Chapel at The Abbey in West Hollywood, California.

Press Releases

Marcus & Millichap Completes $27 Million Sale of Two Iconic West Hollywood Nightspots

Marcus & Millichap announced today the $27 million sale of The Abbey Food & Bar and The Chapel at The Abbey in West Hollywood, California.

April 29, 2024

Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Two Sides of Commercial Real Estate

April 24, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

The Psychology of Rate Cuts Influencing CRE Investment

April 12, 2024

The Vineyard Apartments in Ceres, CA

Press Releases

Marcus & Millichap Closes $32.6 Million Central Valley California Multifamily Sale

Marcus & Millichap announced today the sale of The Vineyard, a 212-unit multifamily property in Ceres, California. The asset sold for $32.6 million, or $153,774 per unit.

April 08, 2024

Industrial Property in Chino, CA

Press Releases

Marcus & Millichap Announces the Sale of a 6,154-SF Industrial Property in Chino, California

Marcus & Millichap announced today the sale of a 6,154-square-foot industrial property located in Chino, California

April 03, 2024

Long Beach Apartments

Press Releases

Marcus & Millichap Negotiates the Sale of an Eight-Unit Apartment Property in Long Beach, California

Marcus & Millichap announced today the sale of an eight-unit apartment property located in Long Beach, California

April 03, 2024

Globest 2024 Best Places To Work Emblem

Media

GlobeSt. 2024 Best Places to Work

CRE's Best Places To Work

April 02, 2024

San Fernando Valley Business Journal

Media

Marcus & Millichap Gets Proptech Right - San Fernando Valley Business Journal

Proptech is increasingly important to the real estate industry, and Marcus & Millichap is hoping to lead the charge. 

April 01, 2024

six unit apartments in hawaiian gardens, CA

Press Releases

Marcus & Millichap Facilitates the Sale of a Six-Unit Multifamily property in Hawaiian Gardens, California

Marcus & Millichap announced today the sale of 21929 South Verne Avenue, Hawaiian Gardens, California, a six-unit apartment property located in Hawaiian Gardens, California

March 25, 2024

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Don’t Judge the Book By Its Cover, The Real Estate Segments With a Favorable Outlook

March 15, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

CRE Nuances the Media’s Been Missing, Office Real Estate Challenges and Opportunities

March 14, 2024

iHop Properties in Lancaster and Palmdale, CA

Press Releases

Marcus & Millichap Announces the Sale of Two IHOP Net-Leased Properties in Lancaster & Palmdale, California

Marcus & Millichap announced today the sale of two IHOP locations in Lancaster and Palmdale, California, each asset sold for $3,408,000, totaling $6,816,000.

March 14, 2024

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News & Events