68040 Club Circle, Desert Hot Springs, CA 92240

$560,000

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List Price
$560,000
Price Change
▲ $30,000 1776311169
Status
ACTIVE
MLS#
IV25255522
Year Built
1967
Lot Size
8,276
Acres
0.19
Lot Location
2-5 Units/Acre
Days on Market
185
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Le Investment Group is pleased to present this three (3) unit triplex located in Desert Hot Springs, CA. The property is situated within a well-maintained neighborhood in the city’s desirable Spa Zone. Offered at $560,000, the asset features a strong unit mix of two (2) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit, providing functional layouts and consistent in-place income. The property is currently operating at a 7.17% cap rate. This investment offers flexibility for both investors and potential owner-occupants, with the ability to leverage residential financing while benefiting from diversified income across three units.

Additional Information

Pool Description
None
Heat
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$71,700
Operating Expense
18903

Listing courtesy of Listing Agent: ALBERT LE (albert.le@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.