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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

716 W Redondo Beach Blvd

Gardena, CA

Number of Units: 4

Cap Rate: 4.13%

Listing Price: $925,000

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Apartments

3344 Keystone Avenue

Los Angeles, CA

Number of Units: 9

Cap Rate: 5.99%

Listing Price: $2,800,000

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Apartments

6061 Franklin Ave

Los Angeles, CA

Number of Units: 12

Cap Rate: 6.64%

Listing Price: $2,725,000

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Apartments

2140 First Ave.

San Diego, CA

Number of Units: 5

Listing Price: $1,450,000

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Retail

2157 Venice Blvd.

Los Angeles, CA

Price/Gross SF: $266.67

Cap Rate: 6.60%

Listing Price: $800,000

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Office

The Studios On Tamarind

Los Angeles, CA

Price/Gross SF: $668.11

Listing Price: $5,850,000

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Net Lease

Trophy Opportunity in Laguna Beach | Substantial Long-Term Upside & Development Potential

Laguna Beach, CA

Years Remaining On Lease: 9.3

Cap Rate: 3.36%

Listing Price: $11,000,000

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Retail

The Laurel at Balboa

San Diego, CA

Price/Gross SF: $407.19

Cap Rate: 6.05%

Listing Price: $17,250,000

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Apartments

449 Georgia St

Big Bear Lake, CA

Number of Units: 5

Cap Rate: 7.00%

Listing Price: $947,000

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Apartments

12718 Mitchell Ave

Los Angeles, CA

Number of Units: 9

Cap Rate: 5.40%

Listing Price: $2,650,000

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Apartments

560 Jeffries Rd

Big Bear Lake, CA

Number of Units: 3

Cap Rate: 1.00%

Listing Price: $1,125,000

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Retail

Mission Collective

Oceanside, CA

Price/Gross SF: $638.82

Listing Price: $2,600,000

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Net Lease

Take 5 Oil Change - Rare 20-Year Abs. Net Lease

Monrovia, CA

Cap Rate: 6.25%

Listing Price: $1,760,000

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Apartments

572 Jeffries Rd

Big Bear Lake, CA

Number of Units: 2

Cap Rate: 6.52%

Listing Price: $925,000

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Apartments

655 E. Williams St.

Banning, CA

Number of Units: 8

Cap Rate: 5.40%

Listing Price: $1,475,000

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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

Retail CRE Positioned to Withstand Potential Headwinds

May 5, 2025

Research Video

Industrial Investments Durable Amid Uncertainty

April 30, 2025

Economy

Research Brief

Retail Sales

April 2025

Research Video

Multifamily Well Positioned to Face Economic Headwinds

April 28, 2025

mm hospitality

Market Report

2025 Hospitality Investment Outlook

2025 Outlook

Research Video

Emerging Signals in the Office Investment Market

April 23, 2025

Research Video

Private Investors Taking the Lead in CRE Investment?

April 21, 2025

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Employment

Special Report

U.S. Trade Policy

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Research Video

Market Reacts to Tariffs – Implications for CRE?

April 7, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Rising Above Uncertainty: A Five-Year Perspective

March 31, 2025

Research Video

The Forces Driving Long-Term Rental Housing Demand

March 24, 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.

MHI 2025 Congress & Expo
Industry Events

MHI 2025 Congress & Expo

Rosen Shingle Creek, Orlando, FL
May 5 – May 7, 2025
National Forums Symposium
Industry Events

NAIOP National Forums Symposium

The Sheraton New Orleans Hotel, New Orleans, Louisiana
May 13 – May 15, 2025
ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
Marcus & Millichap

Press Releases

Marcus & Millichap Announces Senior Management Reorganization to Maximize Growth Opportunities

Marcus & Millichap announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives.

April 30, 2025

Los Alamitos Senior Housing

Press Releases

Marcus & Millichap Brokers All Cash Seniors Housing Sale

Marcus & Millichap announced today the sale of Alamitos West Health & Rehabilitation Center, a 150-licensed bed/142-operating bed skilled nursing facility, and Katella Senior Living, a 73-unit, 77-bed assisted living and memory care facility in Los Alamitos, California

April 24, 2025

Southern California Multifamily Forum
Marcus & Millichap Events

Southern California Multifamily Forum

Hilton Los Angeles Airport, Los Angeles, CA
June 3, 2025
Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 2025

Adept Ontario

Press Releases

$107 Million Construction Financing Arranged by Marcus & Millichap Capital Corporation for Los Angeles Area Mixed-Use Property

MMCC arranged $107 million in financing for the construction of a 384-unit multifamily asset with 26,000 square feet of retail space located at 4117 E Concours Street in Ontario, California.

February 06, 2025

CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
San Fernando Valley Multifamily Property

Press Releases

Marcus & Millichap Brokers $85 Million San Fernando Valley Multifamily Portfolio Sale

Marcus & Millichap announced today the all-cash sale of a 596-unit, 16-parcel multifamily portfolio in the San Fernando Valley.

January 03, 2025

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Why 2025 Will Be A Turning Point For Commercial Real Estate

December 13, 2024

North Hudson Ave

Press Releases

Marcus & Millichap Arranges The Sale of a 7-Unit West Hollywood Apartment Building

Marcus & Millichap announced the sale of 926 N. Hudson Ave., a 7-unit apartment property located near West Hollywood in Los Angeles, according to Jim Markel, regional manager of the firm’s Encino office.

December 12, 2024

Hessam Nadji on Yahoo! Finance

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

How Investors Are Adapting To The Evolving Interest Rate Outlook

December 12, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

December 11, 2024

Fontana Portfolio

Press Releases

Marcus & Millichap Closes $25 Million Nine-Property Inland Empire Apartment Portfolio Sale

Marcus & Millichap announced today the sale of a nine-property portfolio of eight apartment buildings and a four-tenant retail center in Fontana, California.

November 15, 2024

Keep Exploring

News & Events