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