Price improved to $574,850. Excellent opportunity to acquire a fully occupied, income-producing triplex with upside potential through future rent increases and implementation of RUBS for utility reimbursement. Situated on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property offers a strong unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. All units feature tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system currently covering all electrical costs, significantly reducing operating expenses. Recent improvements include fresh exterior paint, refinished stucco edges, partial exterior drywall replacement, new fencing, and updated landscaping. The owner also added a 45-foot RV parking area. Interior upgrades include new ceiling fans, lighting, interior paint, new doors and locks, as well as drywall touch-ups and a newly installed main A/C unit. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking consistent cash flow and long-term appreciation. Please do not disturb tenants. Contact listing broker for more information.
Property Details
Price:
$574,850
MLS #:
219132798DA
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
340deserthotsprings
Listed Date:
Apr 17, 2025
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Appliances
Gas Range, Water Heater
Cooling
Central Air
Flooring
Carpet, Laminate
Heating
Central
Exterior
Parking Features
Street, Driveway
Parking Spots
6.00
Financial
Map
Community
- Address11583 Cactus Drive Desert Hot Springs CA
- Neighborhood340 – Desert Hot Springs
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Subdivisions in Desert Hot Springs
- Agua Dulce
- Agua Dulce 34001
- Andreas Hills
- Arbors
- Aventura Palms
- Campanero Pointe
- Cornerstone
- Desert Crest CC
- Desert View Estates
- Desert View Estates 34004
- Desert View Estates II
- Desert View Estates II 34005
- Desert Willow
- Desert Willow 34006
- Dillion Estates 60045
- Eagle Point
- Foxdale Estates
- Foxdale Estates 34009
- Hacienda Heights
- Hacienda Heights 34010
- Hidden Springs
- Hidden Springs 34011
- Indio Hills
- Lt Mor Undev. 4 34013
- Mission Lakes
- Mission Lakes 34101
- Mountain View
- Mountain View Country Estates
- Mountain View Country Estates 34014
- Not Applicable-340 NA340
- Not in a Development Not in a Development
- Olympus
- Olympus 34017
- Paradise Springs
- Paradise Springs 34018
- Rancho Del Oro
- Rancho Del Oro 34024
- Skyborne
- Skyborne 34020
- Skys Haven
- Sunset Springs
- Vista Del Valle
- Vista Del Valle 34022
- Vista Hacienda
- Vista Montana
- Vista Montana 34026
- Vista Palms1864
- Vista Santa Fe 34028
- Westmount Estates
Market Summary
Current real estate data for Residential Income in Desert Hot Springs as of Oct 21, 2025
15
Residential Income Listed
173
Avg DOM
$702,637
Avg List Price
Property Summary
- 11583 Cactus Drive Desert Hot Springs CA is a Residential Income for sale in Desert Hot Springs, CA, 92240. It is listed for $574,850
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11583 Cactus Drive
Desert Hot Springs, CA