12700 Parma, Desert Hot Springs, CA 92240
Local realty services provided by:CENTURY 21 Sierra Properties
12700 Parma,Desert Hot Springs, CA 92240
$530,000
- 3 Beds
- - Baths
- 2,336 sq. ft.
- Multi-family
- Active
Listed by: albert le
Office: le investment group
MLS#:CRIV25255366
Source:CA_BRIDGEMLS
Price summary
- Price:$530,000
- Price per sq. ft.:$226.88
About this home
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)
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Home facts
- Year built:1972
- Listing ID #:CRIV25255366
- Added:36 day(s) ago
- Updated:December 13, 2025 at 03:43 PM
Rooms and interior
- Bedrooms:3
- Living area:2,336 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1972
- Building area:2,336 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$530,000
- Price per sq. ft.:$226.88
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