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Desert Hot Springs Triplex Portfolio 3 Multifamily Properties Offered at $2,219,513 CAD in Desert Hot Springs, CA

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INVESTMENT HIGHLIGHTS

  • Three (3) Individual Triplexes Available Together or Separately for $530,000 Per Triplex / All Tenants on Month-to-Month Leases
  • Two of the three properties located within the Spa Zone, surrounded by resorts and wellness destinations.
  • Consistent occupancy with solid, income-producing performance / Well-maintained assets featuring carport parking & individual storage for most tenants
  • Current CAP Rates of 9.01% (3rd Street), 6.25% (Parma Drive) , & 7.48% (Club Circle Drive)
  • All properties feature a mix of One-Bedroom and Two-Bedroom units with carport parking and storage for most tenants.
  • Recent capital improvements across the portfolio, including newer roofing, updated plumbing, and general maintenance upgrades.

EXECUTIVE SUMMARY

Le Investment Group is proud to present this three-property multifamily portfolio totaling nine (9) units in Desert Hot Springs, California. Strategically located across well-maintained neighborhoods—with two properties positioned within the city’s desirable Spa Zone—each asset features a practical mix of one-bedroom and two-bedroom units, carport parking for most tenants, and strong in-place income. Available together or separately, these well-positioned triplexes offer investors flexibility—purchase individually to potentially access residential financing with lower rates and stronger returns, or acquire the full portfolio for immediate scale and stable cash flow. With consistent occupancy, recent capital improvements, and continued rental demand supported by the area’s affordability and proximity to Palm Springs, this portfolio represents an attractive opportunity for both seasoned and entry-level multifamily investors alike.

PROPERTY FACTS

Price $2,219,513 CAD
Price / SF $282.60 CAD / SF
Cap Rate 7.58%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 7,854 SF
Total Land Area 0.54 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
12700 Parma Dr, Desert Hot Springs, CA 92240 Multifamily 3,717 SF 1972 -
66671 3rd St, Desert Hot Springs, CA 92240 Multifamily 2,184 SF 1958 -
68040 Club Circle Dr, Desert Hot Springs, CA 92240 Multifamily 1,953 SF 1967 -
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  • Listing ID: 38230091

  • Date on Market: 2025-10-27

  • Last Updated:

  • Address: Desert Hot Springs Triplex Portfolio, Desert Hot Springs, CA

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