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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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$530,000
Est. payment /mo
8,712 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID IV25255366

HOA Y/N No

Year Built 1972

Lot Size 8,712 Sqft

Property Sub-Type Triplex

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

Fireplace No

Laundry None

Exterior

Carport Spaces 3

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 642093004

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by ALBERT LE LE INVESTMENT GROUP 909-256-7889

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
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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