CA > Desert Hot Springs
Desert Hot Springs, CA 92240,68040 Club Circle
Desert Hot Springs, CA 92240,68040 Club Circle
Desert Hot Springs, CA 92240,68040 Club Circle
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Altie Schmitt

Altie Schmitt

+1(925) 528-8000
Listed by ALBERT LE • LE INVESTMENT GROUP
$550,000
Est. payment /mo
1,950 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $282

MLS Listing ID CRIV25255522

HOA Y/N No

Year Built 1967

Lot Size 8,276 Sqft

Property Sub-Type Triplex

Source Datashare California Regional

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 None

Fireplace No

Laundry No Hookups

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Altie Schmitt

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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