Desert Hot Springs, CA 92240,12700 Parma
Desert Hot Springs, CA 92240,12700 Parma
Desert Hot Springs, CA 92240,12700 Parma
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Listed by ALBERT LE • LE INVESTMENT GROUP
$530,000
Est. payment /mo
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8,712 Sqft Lot
Contingent

12700 Parma Desert Hot Springs, CA 92240

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRIV25255366

Year Built 1972

Lot Size 8,712 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

Le Investment Group is pleased to present this two-property multifamily portfolio totaling six (6) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive and 68040 Club Circle Drive, all situated within well-maintained neighborhoods, 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) and 7.48% (Club Circle). 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)

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Central Forced Air

Laundry None

Exterior

Garage Spaces 3.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 642093004

Special Listing Condition Not Applicable , Accepting Backups

MLS Listing IDX PLUS
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NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 5
  • 5

    Bubbling Wells Elementary School

    Public | KG - 5

  • 4

    Two Bunch Palms Elementary School

    Public | KG - 5

  • 4

    Bella Vista Elementary School

    Public | KG - 5

  • 4

    Cabot Yerxa Elementary School

    Public | KG - 5

  • 1

    Julius Corsini Elementary School

    Public | KG - 5

Middle Schools 2
  • 3

    Desert Springs Middle School

    Public | 6 - 8

  • 2

    Painted Hills Middle School

    Public | 6 - 8

High Schools 1
  • 4

    Desert Hot Springs High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Adrian Chu

Adrian Chu

Broker | License ID: DRE 02061077

+1(206) 407-5452

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12700 Parma