CA > Desert Hot Springs
Desert Hot Springs, CA 92240,12700 Parma
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Desert Hot Springs, CA 92240,12700 Parma
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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Theresa Solon

Theresa Solon

+1(707) 334-9186
Listed by ALBERT LE • LE INVESTMENT GROUP
$ 550,000
Est. payment /mo
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Active

12700 Parma Desert Hot Springs, CA 92240

2,336 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,336 sqft

Price per Sqft $235

MLS Listing ID CRIV25255366

HOA Y/N No

Year Built 1972

Lot Size 8,712 Sqft

Property Sub-Type Triplex

Source Datashare California Regional

Property Description

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 $550,000 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 5.98% (Parma), 7.33% (Club Circle), and 8.64% (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)

Location

State CA

County Riverside

Interior

Heating Central

Fireplace No

Laundry No Hookups

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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