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)
(PLEASE REACH OUT TO LE INVESTMENT GROUP FOR FURTHER INFORMATION ON EACH OF THE THREE TRIPLEXES)
Property Details
Price:
$550,000
MLS #:
IV25255366
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
699
Listed Date:
Nov 6, 2025
Total Sq Ft:
2,336
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1972
See this Listing
Schools
Interior
Heating
CF
Laundry Features
NO
Exterior
Community Features
SDW
Parking Spots
3
Financial
Map
Community
- AddressParma Lot 486 Desert Hot Springs CA
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Subdivisions in Desert Hot Springs
- Desert Crest Country Club
- Desert View Estates
- Desert View Estates 34004
- Desert View Estates II
- Desert Willow
- Desert Willow 34006
- Dillion Estates 60045
- Lt Mor Undev. 3
- Mission Lakes
- Mission Lakes 34101
- Mountain View Country Estates
- Mountain View Country Estates 34014
- Olympus 34017
- Paradise Springs
- Rancho Buena Vista
- Skyborne
- Skyborne 34020
- Skys Haven
- Sunset Springs
- Vista Del Valle
- Vista Del Valle 34022
- Vista Hacienda
- Vista Montana
- Vista Santa Fe 34028
- Westmount Estates 34027
Market Summary
Current real estate data for Single Family in Desert Hot Springs as of Nov 18, 2025
159
Single Family Listed
99
Avg DOM
232
Avg $ / SqFt
$403,883
Avg List Price
Property Summary
- Parma Lot 486 Desert Hot Springs CA is a Single Family for sale in Desert Hot Springs, CA, 92240. It is listed for $550,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1972. The average price per square foot for Single Family listings in Desert Hot Springs is $232. The average listing price for Single Family in Desert Hot Springs is $403,883.
Similar Listings Nearby
Courtesy of LE INVESTMENT GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.Parma Lot 486
Desert Hot Springs, CA