13548 Caliente Dr 8 Unit Apartment Building $2,012,324 CAD ($251,541 CAD/Unit) 4.27% Cap Rate Desert Hot Springs, CA 92240

** Please reach out to Evan Weiss and/or Elizabeth Clark to obtain the Offering Memorandum ("OM") for 13548 Caliente Drive, Desert Hot Springs, CA 92240.
13548 Caliente Dr presents a compelling multifamily investment opportunity in the heart of Desert Hot Springs, one of the Coachella Valley’s fastest-growing rental markets. This well-located 8-unit apartment community consists entirely of one-bedroom, one-bath units, offering a highly desirable and efficient unit mix for tenants.
Situated on a ±0.39-acre lot, the property features approximately ±4,224 square feet of rentable space & benefits from a functional layout with ample parking and a courtyard-style setting. Built in the late 1980s, the asset offers investors the opportunity to capture significant rental upside through repositioning & operational improvements.
The property is ideally positioned within close proximity to Palm Springs, Joshua Tree, and major transportation corridors including the I-10 freeway, providing convenient access to employment hubs, retail centers, and recreational destinations. Tenants also benefit from nearby amenities such as local shopping, dining, and community services, contributing to strong rental demand.
With its attractive location, straightforward unit mix, and value-add potential, 13548 Caliente Dr represents an excellent opportunity for both seasoned and first-time multifamily investors seeking long-term growth and income in a high-demand desert market.