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68040 Club Circle Dr
Desert Hot Springs, CA 92240
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Features a Diversified Unit Mix
- Positioned in Well-Established Neighborhood
- Well-Maintained Multifamily Asset
Executive Summary
68040 Club Circle Dr presents an opportunity to acquire a three-unit multifamily asset in Desert Hot Springs’ Spa Zone. Built in 1967, the triplex consists of two one-bedroom, one-bath units and one two-bedroom, one-bath unit, offering a diversified unit mix designed to appeal to a broad tenant base. The property generates in-place rental income and has been marketed as a stabilized investment with a reported cap rate exceeding 7%, while also providing flexibility for an owner-occupant seeking supplemental rental revenue. Located within a residential neighborhood with convenient access to local services, employment centers, and the greater Coachella Valley, the asset benefits from the area's continued demand for attainable housing. Its manageable three-unit configuration established occupancy profile, and location within a growing desert community position the property as an attractive option for investors seeking current cash flow and long-term value potential. Sources: Zillow listing and LE Investment Group property marketing materials.
Property Facts
| Sale Type | Investment | Lot Size | 0.19 AC |
| No. Units | 3 | Building Size | 1,953 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | ||
| Zoning | C - Multi-Family | ||
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 1,953 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1967 |
| Zoning | C - Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
Property Taxes
| Parcel Number | 644-071-014 | Improvements Assessment | $105,155 CAD |
| Land Assessment | $46,717 CAD | Total Assessment | $151,872 CAD |
Property Taxes
Parcel Number
644-071-014
Land Assessment
$46,717 CAD
Improvements Assessment
$105,155 CAD
Total Assessment
$151,872 CAD
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