Homes for sale - 12700 Parma, Desert Hot Springs, CA 92240

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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$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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Listed by ALBERT LE LE INVESTMENT GROUP 909-256-7889

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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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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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12700 Parma Desert Hot Springs, CA 92240

Rene Ramirez

Key Details

Location

Interior

Exterior

Building

Others

MORTGAGE CALCULATOR

NEARBY SCHOOL & BUSINESS

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12700 Parma