$550,000

12700 Parma, Desert Hot Springs, CA 92240

3 beds
2,336 sqft

Triplex
Built in 1972
8,712sqft lot
—— car garage
$235/sqft
Listed 5 days ago

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)

Listing Status:: Active
Date Added:: November 6, 2025 at 06:00AM
Listing Office:: LE INVESTMENT GROUP : 909-256-7889
Listing Agent:: ALBERT LE : 909-256-7889
MLS ID:: CRIV25255366

Laundry: No Hookups
Heating: Central

General: Other

County: Riverside

Zoning: 642093004

This listing courtesy of ALBERT LE, LE INVESTMENT GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cabot Yerxa Elementary School

67067 Desert View Ave, Desert Hot Springs, CA, 92240

Grades KG-5

0.31 miles away

Desert Springs Middle School

66755 Two Bunch Palms Trl, Desert Hot Springs, CA, 92240

Grades 6-8

0.94 miles away

Desert Hot Springs High School

65850 Pierson Blvd, Desert Hot Springs, CA, 92240

Grades 9-12

1.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.