66671 3rd new Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $251
MLS Listing ID CRIV25255541
Year Built 1958
Lot Size 6,534 Sqft
Property Sub-Type Triplex
Property Description
Le Investment Group is pleased to present a three-property multifamily portfolio totaling nine (9) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive, 68040 Club Circle Drive, and 66671 3rd Street, all situated within well-maintained neighborhoods, two of which lie in the city's desirable Spa Zone. Each property is priced at $550,000 and features a consistent mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, offering functional layouts, carport parking, and strong in-place income. Current cap rates are 5.98% (Parma), 7.33% (Club Circle), and 8.64% (3rd Street). These triplexes are offered individually or together, providing flexibility for investors seeking either residential financing advantages or portfolio-scale stability and cash flow. (PLEASE REACH OUT TO LE INVESTMENT GROUP FOR FURTHER INFORMATION ON EACH OF THE THREE TRIPLEXES)
Location
State CA
County Riverside
Interior
Heating Central
Laundry No Hookups