22
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$530,000
Est. payment /mo
6,534 Sqft Lot
Price Dropped by $20K
66671 3rd Desert Hot Springs, CA 92240
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25255541
Year Built 1958
Lot Size 6,534 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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 $530,000 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 6.25% (Parma), 7.48% (Club Circle), and 9.01% (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
Area 699 - Not Defined
Interior
Heating Central Forced Air
Laundry None
Exterior
Garage Spaces 3.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 639283004
Special Listing Condition Not Applicable
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