12700 Parma, Desert Hot Springs CA 92240 | $530,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8712 Lot Sq Ft
  • Type: Triplex
  • Stories: 1
  • Year Built: 1972
  • MLS#: IV25255366
  • Community: 699 - Not Defined

Listing provided courtesy of ALBERT LE of LE INVESTMENT GROUP. Last updated 2025-11-21 09:11:25.000000. Listing information © 2025 SANDICOR.

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 $530,000 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 6.25% (Parma), 7.48% (Club Circle), and 9.01% (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)

More Details

0.2 Acres
1 Story

Cristopher Crozier

Call or Text: 760.626.2600